Thursday, 28/03/2024 18:01

LM7: Decision on trading restriction on UPCoM and Notice of stock status

Following Decision No. 174/QD-SGDHN dated March 27, 2024, HNX announces the trading restriction of LM7 stock as follows:
- Ground: Audited Financial Statement 2023
- Reason for trading restriction: the company had negative owner equity in the Audited Financial Statement 2023;
- Trading restriction: be traded on Friday weekly
- Applicable law(s): Point a, Section 1 Article 34 of the Regulations attached to Decision No.34/QD-HDTV dated 16/11/2022 of the Vietnam Exchange.
Within 15 days from the date the stock is under continued trading restriction, Lilama 7 JSC must send a document to the HNX to explain the cause and provide a remedy.
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On March 27, 2024, HNX announces the status of Lilama 7 JSC’s shares (stock code: LM7) as follows: LM7 shares are under trading restriction according to Decision No.174/QD-SGDHN dated 27/3/2024 due to the reason that the company had negative owner equity in the Audited Financial Statement 2023 as prescribed in Point a Clause 1 Article 34 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 Exchange

HNX

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