SDP: Decision on continued trading restriction on UPCoM & Decision on being continued alert & Notice of stock status Decision on continued trading restriction on UPCoM
Following Decision No. 167/QD-SGDHN dated March 26, 2024, HNX announces the continued trading restriction of SDP stock as follows:
- Ground for continued trading restriction: The Audited Financial Statement 2023;
- Reason for trading restriction: the company had negative owner equity according to Audited Financial Statements 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 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, SDP must send a document to the HNX to explain the cause and provide a remedy.
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Decision on being continued alert
On March 26, 2024, Hanoi Stock Exchange announces Decision No. 168/QD-SGDHN putting the SDP stock under continued alert:
• Issuer: SDP Joint Stock Company
• Securities type: common stock
• Stock code: SDP
• 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 Vietnam Stock Exchange
Within 15 days from the date the stock is put on alert as prescribed in Article 1 of this Decision, SDP Joint Stock Company must send a document to the HNX to explain the cause and provide a remedy.
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Notice of stock status
On March 26, 2024, HNX announces the status of SDP Joint Stock Company’s shares (stock code: SDP) as follows:
- SDP shares are continued trading restriction according to Decision No.167/QD-SGDHN dated March 26, 2024 due to the reasons that the company had negative owner equity in 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 Stock Exchange
- SDP shares are continued alert according to Decision No.155/QD-SGDHN dated March 26, 2024 because the auditor had qualified opinion on the financial statement from over 3 consecutive years 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. HNX
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