Following Decision No. 1247/QD-SGDHN dated December 07, 2023, HNX announces the continued trading restriction of PX1 stock as follows:
- Reason: according to point 2 Article 139 of Enterprise Law, the company has not organized Annual General Meeting of Shareholders for the recent 02 consecutive fiscal years within the maximum period from the end of the fiscal year; the company is late to submit the reviewed semi-annual financial statements of 2018, 2019, 2020, 2021, 2022, 2023 more than 45 days from the end of the time limit for information disclosure;
- Trading restriction: be traded on Friday weekly from the date that the shares are put out of trading suspension;
- Applicable law(s): Points b, and h, Section 1 Article 34 of the Regulations attached to Decision No.34/QD-HDTV dated 16/11/2022 of the Vietnam Stock Exchange.
Within 15 days from the date the stock is under continued trading restriction, Song Lam 2 Cement Joint Stock Company must send a document to the HNX to explain the cause and provide a remedy.