CAD: Decision on continued trading restriction on UPCoM

Following Decision No. 886/QD-SGDHN dated August 29, 2023, HNX announces the continued trading restriction of CAD stock as follows:
- Ground for continued trading restriction: Reviewed semi-annual Financial Statement of 2023;
- Reason: the company has negative owner’s equity recorded in reviewed semi-annual Financial Statement of 2023;
- Other reasons: the auditing organization gave disclaimer of opinion on Financial Statements 2022;
- Trading restriction: be traded on Friday weekly;
- Applicable law(s): Points a, c 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, CADOVIMEX Seafood Import-Export and Processing JSC must send a document to the HNX to explain the cause and provide a remedy.