PEC: Decision on continued trading restriction on UPCoM & Notice of stock status
(1) Decision on continued UPCoM trading restriction Following Decision No. 649/QD-SGDHN dated 10/06/2024, HNX announces the continued trading restriction of PEC stock as follows: - Reason for continued trading restriction: the auditing company gave a disclaimer opinion on the company’s 2023 financial statement - Trading restriction: be traded on Friday weekly; - Applicable laws: Point 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, Power Engineering Joint Stock Company must send a document to the HNX to explain the cause and provide a remedy. This decision replaces Decision No.557/QD-SGDHN dated 23/05/2024. (2) Notice of stock status On June 10, 2024, HNX announces the status of Power Engineering Joint Stock Company’s shares (stock code: PEC) as follows: - PEC shares are under continued trading restriction according to Decision No.649/QD-SGDHN dated June 10, 2024 because the auditing company gave a disclaimer opinion on the company’s 2023 financial statement at Point c Clause 1 Article 34 of the Regulation attached to Decision No. 34/QD-HDTV dated November 16, 2022 of the Vietnam Stock Exchange. - PEC shares are under alert according to Decision No.440/QD-SGDHN dated May 16, 2023 because the auditing company gave qualified opinions for 03 consecutive years as prescribed 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
HNX
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