Following Decision No. 1293/QD-SGDHN dated December 08, 2023, HNX announces the following IBC stock will be put under trading suspension as follow:
- Reason for trading suspension: The Company was forced into delisting out of serious violations on information disclosure under Point o Section 1 Article 120 of Decree No. 155/2020/ND-CP dated December 31, 2020 by the Government detailing the enforcement of a number of articles of the Law on Securities
- Effective date: December 15, 2023
- Applicable laws: Point d Section 1 Article 36 of the Regulations on trading registration and management of unlisted securities promulgated together with Decision No. 34/QD-HDTV dated November 16, 2022 by the Vietnam Stock Exchange
Within 15 days from the date the stock is put under trading suspension as prescribed in Article 1 of this Decision, Apax Holdings Joint Stock Company shall send a document to the HNX to explain the cause and provide a remedy.
