On July 07, 2023, Hanoi Stock Exchange announces Decision No. 710/QD-SGDHN on putting NTB shares of Transport Engineering Construction and Business Investment JSC 584 on continued trading restriction as follows:
- Reason for continued trading restriction: The Company failed to convene the Annual General Meeting for the two latest consecutive years from the end of the fiscal year under Section 2 Article 139 of the Law on Enterprises
- Other reason: The Company was late in submitting the Reviewed Semi-annual Financial Statements and Audited Financial Statements 2017, 2018, 2019, 2020, 2021 and 2022 over 45 days from the deadline of information disclosure, along with negative owner's equity in the Audited Financial Statements 2016
- Form of trading restriction: Trading is only available every Friday
- Applicable law(s): Points a, b and h Section 1 Article 34 of the Regulations attached to Decision No. 34/QD-HDTV dated November 16, 2022 by the Board of Members of the Vietnam Stock Exchange
Within 15 days from the date the stock is put under continued trading restriction, Transport Engineering Construction and Business Environment JSC 584 shall report to the HNX to explain the cause and provide remedial measures
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