C12: Decision on continued trading restriction on UPCoM

Following Decision No. 742/QD-SGDHN dated July 07, 2023, HNX announces the continued trading restriction of C12 stock as follows:
- Reason: the company has not organized Annual General Meeting of Shareholders for the recent 02 consecutive fiscal years within the maximum period from the end of the fiscal year according to clause 2, Article 39 of Enterprise Law
- Another reason: the company is late to submit the 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, 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, Bridge Joint Stock Company No.12 must send a document to the HNX to explain the cause and provide a remedy.