LUT: Decision on continued trading restriction on UPCoM

Following Decision No. 514/QD-SGDHN dated May 23, 2024, HNX announces the continued trading restriction of LUT stock as follows:
- Base for consideration: Audited Financial Statement 2023;
- Reason: the Company was late in submitting the Audited Financial Statement 2023 for more than 45 days from the end of the prescribed information disclosure period;
- Other reasons: the company is forced into delisting out of auditor's disclaimer of opinion on the Financial Statements 2022; the company was late in submitting the reviewed Semi-annual Financial Statement 2023 for more than 45 days from the end of the prescribed information disclosure period;
- Trading restriction: be traded on Friday weekly;
- Applicable law(s): Point b, c Clause 1 Article 34 of the Regulation attached to Decision No. 34/QD-HDTV dated November 16, 2022 of the Vietnam Exchange
Within 15 days from the date the stock is under continued trading restriction, Luong Tai Construction JSC must send a document to the HNX to explain the cause and provide a remedy.

HNX

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