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TBT: Decision on being continued trading suspension & Notice of stock status Decision on being continued trading suspension
On May 23, 2024, HNX announces the continued trading suspension of Bentre Transportation Works Contruction JSC’s shares (stock code: TBT) stock as follows:
- Ground for trading suspension: The Company has not submitted the Audited Financial Statements 2023 to Hanoi Stock Exchange;
- Reason(s): The Company has no measures to overcome the cause that led to the company's shares being placed in trading restriction according to the provisions of Point d, Clause 1, Article 46 of the Securities Law;
- Applicable law(s): Point e, Clause 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 trading suspension, Bentre Transportation Works Contruction JSC must send a document to the HNX to explain the cause and provide a remedy plan.
This Decision replaces Decision No. 1244/QD-SGDHN dated December 07, 2023
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Notice of stock status
On May 23, 2024, HNX announces the status of Bentre Transportation Works Contruction JSC’s shares (stock code: TBT) as follows:
- TBT shares are under continued trading suspension due to the Company has no measures to overcome the cause that led to the company's shares being placed in trading restriction according to the provisions of Point d, Clause 1, Article 46 of the Securities Law; being placed in trading suspension according to the provisions at Point e Clause 1 Article 36 of the Regulation attached to Decision No. 34/QD-HDTV dated November 16, 2022 of the Vietnam Stock Exchange;
- TBT shares are under continued trading restriction due to the Company has not organized Annual General Meeting of Shareholders for the recent 02 consecutive fiscal years in the time limit from the end of fiscal year; the Company has negative owner’s equity recorded in the audited Financial Statement of 2017; the auditing organization gave disclaimer opinion on Financial Statements 2017 according to the provisions at Point a, c, h Clause 1 Article 34 of the Regulation attached to Decision No. 34/QD-HDTV dated November 16, 2022 of the Vietnam Stock Exchange.
HNX
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