Wednesday, 08/04/2015 20:24

SHN: HNX requests for explanations and recovery plan

On 02/04/2015, Hanoi Stock Exchange (HNX) requested Hanoi Investment General Corporation to explain reason and bring out the recovery plan for the situation of being delisted mandatorily as follows:

 

On 31/03/2015, HNX received audited financial statement 2014 of Hanoi Investment General Corporation. HNX realized that accumulated loss as of 31/12/2014 is higher than paid-in capital. Accordingly, SHN stock will be under compulsory delisting in accordance with point d, Item 1, Article 60, Decision No.58/2012/ND-CP dated on 20/07/2012.

 

Hanoi Stock Exchange request the Company explaining reason and bring out the recovery plan for the situation of being delisted mandatorily according to Clause 2, Article 16 of Securities Listing Regulation, attached with Decision No. 18/QD-SGDHN dated 17/01/2014 of General Manager of Hanoi Stock Exchange before 09/04/2015.

HNX

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