FGL: Decision on being put on continued alert on UPCoM and Notice of stock status
Decision on being put on continued alert on UPCoM
On March 25, 2024, Hanoi Stock Exchange announced Decision No. 162/QD-SGDHN putting the FGL stock under continued alert:
• Base of review: Audited Financial Statement 2023
• Reason: The audit organization have expressed a qualified opinion on the Annual Financial Statements for 03 consecutive years or more
• Applicable law(s): Point a, Clause 1 Article 33 of the Regulation attached to Decision No. 34/QD-HDTV dated November 16, 2022 of the Board of members of the Vietnam Stock Exchange
Within 15 days from the date the stock is put on continued alert, Gia lai Coffee Joint Stock Company must send a document to the HNX to explain the cause and provide a remedy.
This Decision replaces Decision No. 198/QD-SGDHN dated March 29, 2023 on being put on alert.
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Notice of stock status
On March 25, 2024, HNX announces the status of Gia lai Coffee Joint Stock Company’s shares (stock code: FGL) as follows: FGL shares are put on alert according to Decision No.162/QD-SGDHN dated 25/03/2024 due to the reasons that The audit organization have expressed a qualified opinion on the Annual Financial Statements for 03 consecutive years or more as prescribed in Point a Clause 1 Article 33 of the Regulation on registration and management of transactions of unlisted securities promulgated together with the Decision No. 34/QD-HDTV dated November 16, 2022 of the Vietnam Stock Exchange