PLO: Decision on being put on alert, Decision on trading restriction and Notice of stock status
Following Decision No. 475/QD-SGDHN dated May 16, 2024, HNX announces the following stock will be put on alert as follow: - Issuer: Petec Logistics Joint Stock Company - Stock code: PLO - Base of review: Audited Financial Statements 2023 - Reason: The auditing organization expressed a qualified opinion on the Annual Financial Statements for 03 consecutive years - Effective date: 23/05/2024 - Applicable law(s): Point a Section 1 Article 33 of the Regulations attached to Decision No.34/QD-HDTV dated 16/11/2022 of the Vietnam Exchange. Within 15 days from the date the stock is under alert, Petec Logistics Joint Stock Company must send a document to the HNX to explain the cause and provide a remedy. ------------------------------------------------------------------------------------------------------------------------------------- Following Decision No. 474/QD-SGDHN dated May 16, 2024, HNX announces the trading restriction of PLO stock as follows: - Ground for trading restriction: Audited Annual Financial Statement of 2023; - Reason: the company has negative owner’s equity recorded in Audited Annual Financial Statement of 2023; - Effective date: 23/5/2024; - Trading restriction: be traded on Friday weekly; - Applicable law(s): Point a Section 5 Article 34 of the Regulations attached to Decision No.34/QD-HDTV dated 16/11/2022 of the Vietnam Exchange. Within 15 days from the date the stock is under trading restriction, Petec Logistics Joint Stock Company must send a document to the HNX to explain the cause and provide a remedy. ------------------------------------------------------------------------------------------------------------------------------------- On May 16, 2024, HNX announces the status of Petec Logistics Joint Stock Company’s shares (stock code: PLO) as follows: - PLO shares are under alert from 23/5/2024 according to Decision No.475/QD-SGDHN dated May 16, 2024 due to the reason(s) that the auditing organization expressed a qualified opinion on the Annual Financial Statements for 03 consecutive years as prescribed at point(s) a Section 1 Article 33 of the Regulations attached to Decision No.34/QD-HDTV dated 16/11/2022 of the Vietnam Exchange; - PLO shares are under trading restriction from 10/4/2024 according to Decision No.474/QD-SGDHN dated May 16, 2024 due to the reason(s) that the company has negative owner’s equity recorded in Audited Annual Financial Statement of 2023 as prescribed at point(s) a Section 5 Article 34 of the Regulations attached to Decision No.34/QD-HDTV dated 16/11/2022 of the Vietnam Exchange.
HNX
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