Following Decision No. 14/QD-SGDHN dated January 12, 2024, HNX announces the following TTB 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 implementation of a number of articles of the Law on Securities
- Effective date: January 19, 2024
- Applicable laws: Point d Section 1 Article 36 of the Regulations on registration and management of transactions 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, Tien Bo Group Joint Stock Company shall send a document to the HNX to explain the cause and provide a remedy.