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HNG: HNG to be put into supervision status On April 16, 2020, the Hochiminh Stock Exchange issued Decision No.180/QD-SGDHCM to put the shares of Hoang Anh Gia Lai Agricultural Joint Stock Company (stock code: HNG) into supervision status as of April 23, 2020.
Reason: The profit after tax of shareholders of parent company in 2018 was -659.15 billion dongs, the profit after tax of shareholders of parent company in 2019 was -2,425.92 billion dongs and the undistributed profit after tax at December 31, 2019 was -2,323.76 billion dongs, based on the 2019 audited consolidated financial statements. This is the case of securities supervised according to Item b, Point 1.1, Clause 1, Article 23 of the Listing Regulations on the Hochiminh Stock Exchange attached to Decision No.85/QD-SGDHCM dated March 19, 2018.
The trading time for HNG shares will be limited (traded only in the afternoon sessions and under the order-matching and put-through methods) from April 23, 2020. Based on the Company’s explanations, the Hochiminh Stock Exchange will announce the resumption of the full-time transaction of HNG in the form of supervised stock. HOSE
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