PXS: PXS to be put into supervision

On April 17, 2020, the Hochiminh Stock Exchange issued Decision No.185/QD-SGDHCM to put the stock of Petroleum Equipment Assembly and Metal Structure Joint Stock Company (stock code: PXS) into supervision status as from April 24, 2020.

Reason: The profit after tax of 2018 was -139.41 billion dongs and the undistributed profit after tax at 12/31/2018 was -100.1 billion dongs, according to the audited financial statements in 2018. In addition, the profit after tax of 2019 was -268.59 billion dongs according to the audited financial statements in 2019.  This is the case of securities supervised according to Point b, Clause 1.1, 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 PXS shares will be limited (traded only in the afternoon sessions and under the order-matching and put-through methods) from April 24, 2020. 

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