PX1: Notice on continued UPCoM trading suspension and Notice of stock status
Following Decision No. 593/QD-SGDHN dated May 23 2023, HNX announces the continued trading suspension of PX1 stock as follows: - Reason for trading suspension: the company did not disclose the Audited Financial Statement for 2023 - Reason for continued 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 - Effective date: 03/06/2024 - Applicable law(s): 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. Within 15 days from the date the stock is under continued trading suspension as prescribed in Article 1 of this Decision, PX1 must send a document to the HNX to explain the cause and provide a remedy. This decision replaces Decision No.1248/QD-SGDHN dated 07/12/2023. ------------------------------------------------------------------------------------------------------- On May 23, 2024, HNX announces the status of Cement Joint Stock Company Song Lam 2 ’s shares (stock code: PX1) as follows: PX1 shares are under continued trading suspension since 23/05/2024 according to Decision No.593/QD-SGDHN because 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 as prescribed in 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 - The company is put under trading restriction according to Decision No. 1247/QD-SGDHN dated December 07, 2023 because the company did not organize Annual General Meeting of Shareholders in the most recent 02 fiscal years according to Clause 2, Article 139 of the Enterprise Law; the company was late in submitting Review financial statements for 2018, 2019, 2020, 2021, 2022 and 2023 for over 45 days as prescribed at Points b, h Section 1 Article 34 of the Regulations attached to Decision No.34/QD-HDTV dated November 16, 2022 of the Vietnam Stock Exchange.
HNX
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