AVF: ​Decision on continued trading suspension on UPCoM & Notice of stock status

(1) Decision on continued trading suspension on UPCoM
Following Decision No. 592/QD-SGDHN dated 23/05/2024, HNX announces the continued trading suspension of AVF stock as follows:
- Reason for continued trading suspension: The company was late in submitting Audited financial statements 2023 for over 45 days
- Other reasons for trading suspension: The company did not have nay remedy to overcome the reason for trading restriction according to Point d Section 1 Article 46 of Law on Securities
- Applicable laws: Point e Section 1 Article 36 of the Regulations on Organization and Management of the UPCoM Exchange attached to Decision No.34/QD-HDTV dated 16/11/2022.
Within 15 days from the date the stock is under continued trading restriction as prescribed in Article 1 of this Decision, Anvifish Joint Stock Company must send a document to the HNX to explain the cause and provide a remedy.
This decision replaces Decision No.1238/QD-SGDHN dated 07/012/2023.
 (2) Notice of stock status
On May 23, 2024, HNX announces the status of Anvifish Joint Stock Company’s shares (stock code: AVF) as follows: 
- AVF shares was put under trading suspension according to Decision No.592/QD-SGDHN dated 23/05/2024 due the company did not have any remedy to overcome the reason for trading restriction according to Point d Section 1 Article 46 of Law on Securities, as prescribed in Points e Section 1 Article 36 of the Regulations attached to Decision No.34/QD-HDTV dated November 16, 2022 of the Vietnam Stock Exchange.
- AVF shares remains under under trading restriction according to Decision No. 1237/QD-SGDHN dated 07/12/2023 because the Company failed to convene the Annual General Meeting for the latest two consecutive years from the end of the fiscal year under Section 2 Article 139 of the Law on Enterprises; the Company was late in submitting the reviewed Semi-Financial Statements 2021, 2022, 2023 for more than 45 days;the company had negative owner equity in Review financial statement 2020; The auditor gave disclaimer opinion on Financial Statement 2019; it belongs to the case of trading restriction as prescribed in Points a, b, c, h Section 1 Article 34 of the Regulations attached to Decision No.34/QD-HDTV dated November 16, 2022 of the Vietnam Stock Exchange. Trading restriction: it is only traded on Friday weekly when it is removed from trading suspension.

HNX

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