On July 07, 2023, Hanoi Stock Exchange announces Decision No. 708/QD-SGDHN on putting NHP shares of NHP Production Import-Export Joint Stock Company 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 Clause 2 Article 139 of the Law on Enterprises
- Other reason: The company is subject to mandatory delisting according to point i, Clause 1, Article 120 of Decree No. 155/2020/ND-CP dated 31st December 2020 of the Government; The Company was late in submitting the Audited Financial Statements 2022 over 45 days from the deadline of information disclosure
- Form of trading restriction: Trading is only available every Friday
- Applicable law(s): Points b, e 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, NHP Production Import-Export Joint Stock Company shall report to the HNX to explain the cause and provide remedial measures
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