Following Decision No. 752/QD-SGDHN dated July 12, 2023, HNX announces the continued trading restriction of L44 stock as follows:
- Ground for continued trading restriction: Annual General Mandate 2023 No. 01/2023/NQ-DHDCD dated June 20, 2023 and Official Dispatch No. 03/CT-HDQT dated July 03, 2023 by Lilama 45.4 JSC
- Reason for continued trading restriction: the Company interrupted major business and production operations over 1 year
- Other reason for continued trading restriction: the Company was late in submitting the Audited Financial Statements 2022 over 45 days from the deadline of information disclosure and had negative owner's equity in the Audited Financial Statements 2021
- Form of continued trading restriction: Trading is only available every Friday
- Applicable law(s): Point a, b and d Section 1 Article 34 of the Regulations attached to Decision No. 34/QD-HDTV dated November 16, 2022 by the Vietnam Stock Exchange
Within 15 days from the date the stock is under continued trading restriction, the Company shall report to the HNX to explain the cause and provide remedial measures