L44: Decision on continued trading restriction and Notice on stock status

Following Decision No. 546/QD-SGDHN dated May 23, 2024, HNX announces the continued trading restriction of L44 stock as follows:
- Base for consideration: Audited Financial Statement 2023;
- Reason: the Company was late in submitting the Audited Financial Statements 2023 over 45 days from the deadline of information disclosure;
- Other reasons: the Company interrupted major business and production operations over 1 year; the Company was late in submitting the Audited Financial Statements 2022 over 45 days from the deadline of information disclosure and had negative owner's equity in the Audited Financial Statements 2021;
- Form of continued trading restriction: Trading is only available every Friday
- Applicable law(s): Point a, b and dd Section 1 Article 34 of the Regulations attached to Decision No. 34/QD-HDTV dated November 16, 2022 by the Vietnam Exchange
Within 15 days from the date the stock is under continued trading restriction, the Company shall report to the HNX to explain the cause and provide remedial measures.
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On May 23, 2024, HNX announces the status of Lilama 45.4 Joint Stock Company (stock code: L44) as follows: L44 shares are under continued trading restriction under No. 546/QD-SGDHN dated May 23, 2024 as the Company interrupted major business and production operations over 1 year; had negative owner's equity in the Audited Financial Statements 2021; the Company was late in submitting the Audited Financial Statements 2022 and 2023 over 45 days from the deadline of information disclosure under Points a, b and dd Section 1 Article 34 of the Regulation attached to Decision No. 34/QD-HDTV dated November 16, 2022 by the Vietnam Exchange.

HNX

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