DPS: Decision on continued trading restriction on UPCoM

Following Decision No. 694/QD-SGDHN dated July 07, 2023, HNX announces the continued trading restriction of DPS stock as follows:
- Reason: according to point 2 Article 139 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 reason for trading restriction: the company was forced to delist according to point i Section 1, Article 120 of Decree No. 155/2020/ND-CP dated 31/12/2020 of the Goverment; the company is late to submit reviewed semi-annual financial statement of 2021 and 2022 and audited financial statement for 2021 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, e 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, Soc Son Development Investment Joint Stock Company must send a document to the HNX to explain the cause and provide a remedy.