Mientrung Petroleum Construction Joint Stock Company will be delisted on the Hochiminh Stock Exchange (HOSE), according to announce No. 444/TB-SGDHCM dated April 15, 2014:
- Stock
symbol: PXM
- Delisting
volume: 15,000,000 shares
- Total
delisting value: VND150,000,000,000
- Shares
were delisted on HOSE according to the Decision No.163/QD-SGDHCM on April 15,
2014.
- Reason:
Mientrung Petroleum Construction Joint Stock Company violated Article 60.1(dd)
of Decree 58/2012/ND-CP dated July 20, 2012 by the Government because The firm
posted an undistributed loss of VND265.74 billion at December 31, 2013,
exceeding the real charter capital of VND150 billion.
- Effective
date of the delisting: May 15, 2014
- Last
trading date on HOSE: May 14, 2014
