Friday, 24/05/2024 20:05

MIM: Notice on continued UPCoM trading restriction and Notice of stock status

Following Decision No. 549/QD-SGDHN dated 23/05/2024, HNX announces the continued trading restriction of MIM stock as follows:
- Reason for continued trading restriction: the company was late in submitting Audited financial statement 2023 for over 45 days; the auditor gave disclaimer opinion on the most recent Audited Financial statement;
- Trading restriction: be traded on Friday weekly when it is removed from trading suspension
- Applicable laws: Points  b, c Section 1 Article 34 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, Mineral And Mechanical Joint Stock Company must send a document to the HNX to explain the cause and provide a remedy.
This decision replaces Decision No.64/QD-SGDHN dated 05/02/2024.
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On May 23, 2024, HNX announces the status of Mineral And Mechanical Joint Stock Company’s shares (stock code: MIM) as follows: MIM shares are under continued trading restriction since 23/05/2024 according to Decision No.549/QD-SGDHN because the company did not disclose the Audited Financial Statement for 2023 for over 45 days; the company was compulsory delisted because the auditor gave disclaimer opinion on the most recent Financial statement as prescribed in Points b,c  Section 1 Article 34 of the Regulations on Organization and Management of the UPCoM Exchange attached to Decision No.34/QD-HDTV dated 16/11/2022. Trading restriction: be traded on Friday weekly when it is removed from trading suspension
- The company is put under trading suspension according to Decision No. 63/QD-SGDHN dated 05/02/2024 because the company was compulsory delisted due to serious breach of information disclosure according to Point o Section 1 Article 120 of Decree No.155/2020/ND-CP dated 31/12/2020 as prescribed at Point d Section 1 Article 36 of the Regulations attached to Decision No.34/QD-HDTV dated November 16, 2022 of the Vietnam Stock Exchange. Trading restriction: be traded on Friday weekly when it is removed from trading suspension
 

HNX

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