Friday, 17/02/2017 14:36

X77: Stock under trading restriction

Pursuant to Regulations on Organization and Management of UPCoM at the HNX attached to Decision No.78/QĐ-SGDHN dated 05/02/2016 by Hanoi Stock Exchange, HNX announces the temporary suspension of X77 stock as follows:

-          Issuer: Thanh An 77 Joint stock company

-          Securities type: common stock

-          Stock code: X77

-          Par value: VND10,000/share

-          Number of shares under temporary trading suspension: 1,340,877 shares

-          Total value under temporary trading suspension (by par): VND 13,408,770,000

-          Trading restriction: X77 can only be traded on Friday weekly.

-          Effective date: 17/02/2017

-          Reason: Shareholders' equity in audited Reviewd FS 2015 is negative.  According to Point b, c Item 1, Article 9a of the Trading Regulation, the stock is put under restriction. 

Hanoi Stock Exchange will notify when X77 stock is allowed to be traded again after the companyremedies the cause for being put under trading suspension.

HNX

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>   G20: Explanation for the difference in the FS Q.IV.2016 (17/02/2017)

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>   TNB: Annual Corporate Governance Report 2016 (16/02/2017)

>   VNB: Explanation for business operation result in QIV. 2016 (16/02/2017)

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