S27: Decision on continued trading restriction on UPCoM

On December 07, 2023, HNX announces the continued trading restriction of Song Da 27 JSC’s shares (stock code: S27) as follows:
- Reason for trading restriction: the Company has not organized Annual General Meeting of Shareholders for the recent 02 consecutive fiscal years in the time limit from the end of fiscal year; the auditing organization gave adverse opinion on Financial Statements 2017; the Company has negative owner’s equity recorded in the audited Financial Statements 2017;  
- Trading restriction: be traded on Friday weekly;
- Applicable law(s): Point a, c, h Clause 1 Article 34 of the Regulation attached to Decision No. 34/QD-HDTV dated November 16, 2022 of the Vietnam Stock Exchange
Within 15 days from the date the stock is under continued trading restriction as prescribed in Article 1 of this Decision, Song Da 27 JSC must send a document to the HNX to explain the cause and provide a remedy.

HNX

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