KHL: Explanation for the stock delisting situation

On 03/04/2018, Hanoi Stock Exchange received the private financial statement and consolidated financial statement 2017 of Hung Long Mineral and Building Materials JSC (Stock code: KHL). After the consideration, Hanoi Stock Exchange realized that the operation result of Hung Long Mineral and Building Materials JSC was negative in three years (2015, 2016, 2017). Thus, the sock of KHL belongs to the delisting case regulated at point d clause 1 Article 60 Decree No. 58/2016/ND-CP dated 20/07/2012 of the Government regulated the details of implementing some articles of Stock Act and modified law, supplementing some articles of Stock Act.
Hanoi Stock Exchange requires Transport and Chartering Corporation to explain the reason and issue the solution to the stock delisting situation in accordance with Clause 2 Article 17 of The Stock Listing Regulation attached with Decision No. 639/QD-SGDHN dated 13/10/2016 of General Manager of Hanoi Stock Exchange.
The explanation document and the information disclosure sent to Listing Department – Hanoi Stock Exchange, No. 02 Phan Chu Trinh, Hoan Kiem District, Hanoi by the end of 13/04/2018.
 

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