PCN: Explanation for the stock delisting situation

On 03 April 2018, Hanoi Stock Exchange received 2018 audited financial statements of DMC-Northern Petrolium Chemicals Joint Stock Company (Stock code: PCN). After reviewing, Hanoi Stock Exchange found that: The after tax profit of DMC-Northern Petrolium Chemicals Joint Stock Company was negative in three years (2016, 2017, 2018). Thus, the stock of PIV 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 requested the Company to explain reason and send the explanation to Hanoi Stock Exchange on 08 April 2018 at the latest.

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