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
SDE stock as follows:
- Issuer: Song Da Electrical Engineering
JSC
- Securities type: common stock
- Stock code: SDE
- Par value: VND10,000/share
- Number of shares under temporary trading suspension: 1,751,092 shares
- Total value under temporary trading suspension (by par):
VND 17,510,920,000
- Trading restriction: SDE can only be traded on Friday weekly.
- Effective date: 26/04/2019
- Reason: Negative equity in audited financial statements of 2017. According to Point b, Item 1, Article 32 of the Trading Regulation, the stock is put under restriction
Hanoi Stock Exchange will notify when SDE stock is allowed to be traded again after the company remedies the cause for being put under trading suspension.