FDG: Explanation for the change in reason of the share under suspension

On 18/04/2018, Hanoi Stock Exchange explained the change in reason of the share under suspension as follows:
 
- Old reason: DongThap Trading Corporation had a negative number in equity (VBD -48,178,033,810) in the audited consolidated Financial Statement of 2015. HNX sees the trading suspension is necessary to protect investors in accordance with Point d, Clause 1, Article 9 of the Regulations on Organization and Management of UPCoM. This decision has been approved by the State Securities Commission.
 
- New reason: Auditor refused to give opinion for the Separated FS and Consolidated FS 2017 of the Company. The Company had a negative number in equity. Therefore, HNX sees the trading suspension is necessary to protect investors in accordance with point d and b Clause 1 Article 32 of Regulations on Organization and Management of UPCoM
 
Hanoi Stock Exchange will notify when FDG stock is allowed to be traded again after the company remedies the cause for being put under trading suspension.

HNX

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