HVG: Decision on continued trading suspension on UPCoM
Following Decision No. 1270/QD-SGDHN dated December 07, 2023, HNX announces the continued trading suspension of HVG stock as follows: - Reason for trading suspension: the company did not disclose the Audited Financial Statement for 2020, 2021, 2022 - Reason for continued trading suspension: The company did not have nay remedy to overcome the reason for trading suspension according to Point d Section 1 Article 46 of Law on Securities - Other reasons: the company was compulsory delisted due to serious breach of information disclosure according to Decision No.411/QD-SGDHCM dated 29/07/2020 - Applicable law(s): Points e, d Section 1 Article 36 of the Regulations attached to Decision No.34/QD-HDTV dated November 16, 2022 of the Vietnam Stock Exchange. This decision replaces Decision No.50/QD-SGDHN dated 13/02/2023 for putting NDF under trading suspension. Within 15 days from the date the stock is under continued trading restriction as prescribed in Article 1 of this Decision, HVG must send a document to the HNX to explain the cause and provide a remedy.
HNX
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