Decision on continued trading restriction on UPCoM
Following Decision No. 486/QD-SGDHN dated May 17, 2024, HNX announces the continued trading restriction of S12 stock as follows:
- Ground for continued trading restriction: Audited Financial Statement of 2023;
- Reason for trading restriction: the Company has negative owner’s equity recorded in the Financial Statements 2023; the auditing organization gave a disclaimer of opinion on Financial Statements 2023;
- Trading restriction: be traded on Friday weekly;
- Applicable law(s): Point a, c, Clause 1 Article 34 of the Regulation 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 restriction as prescribed in Article 1 of this Decision, Song Da No 12 Joint Stock Company must send a document to the HNX to explain the cause and provide a remedy.
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Notice of stock status
On May 17, 2024, HNX announces the status of Song Da No 12 Joint Stock Company’s shares (stock code: S12) as follows:
- S12 shares are under continued trading restriction due to the Company has negative owner’s equity recorded in the Financial Statements 2023 and the auditing organization gave a disclaimer of opinion on Financial Statements 2023 according to the provisions at Point a, c, Clause 1 Article 34 of the Regulation attached to Decision No. 34/QD-HDTV dated November 16, 2022 of the Vietnam Stock Exchange.
- S12 shares are under alert due to the auditor had qualified opinions on Financial Statement for more than 3 years and more at Point a Clause 1 Article 33 of the Regulation attached to Decision No. 34/QD-HDTV dated November 16, 2022 of the Vietnam Stock Exchange.