Following Decision No. 716/QD-SGDHN dated July 07, 2023, HNX announces the continued trading restriction of PX1 stock as follows:
- Reason: according to point 2 Article 139 of Enterprise Law, the company has not organized Annual General Meeting of Shareholders for the recent 02 consecutive fiscal years from the end of the fiscal year
- Other reasons: The company is late to submit the reviewed semi-annual financial statements of 2022 and audited financial statements of 2022 more than 45 days from the end of the time limit for information disclosure;
- Trading restriction: be traded on Friday weekly;
- Applicable law(s): Points b and h, Section 1 Article 34 of the Regulations attached to Decision No.34/QD-HDTV dated 16/11/2022 of the Vietnam Stock Exchange.
Within 15 days from the date the stock is under continued trading restriction as prescribed in Article 1 of this Decision, Song Lam 2 Cement Joint Stock Company must send a document to the HNX to explain the cause and provide a remedy.