On July 07, 2023, HNX announces the status of Pacific Infrastructure Project Development & Investment Corporation’s shares (stock code: PPI) as follows:
- PPI shares are under continued trading restriction as prescribed at points a, 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 due to the reasons that: 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; the company has negative owner’s equity recorded in audited Financial Statement of 2020; the company is late to submit the reviewed semi-annual financial statements of 2021 and 2022, and audited financial statements of 2021 and 2022 more than 45 days from the end of the time limit for information disclosure.