Wednesday, 10/07/2024 16:29

ATB: Decision on being put on alert and Notice of stock status

Decision on being put on alert
On July 09, 2024, Hanoi Stock Exchange announced Decision No. 718/QD-SGDHN putting the ATB stock of An Thinh Joint Stock Company under alert:
- Reason for being put on alert: the company did not organize Annual General Meeting of Shareholders when the fiscal year ends according to Clause 2, Article 139 of the Enterprise Law.
- Effective date: 15/07/2024
- Applicable law(s): Point b Clause 1 Article 33 of the Regulation attached to Decision No. 34/QD-HDTV dated 16/11/2022 of the Board of members of the Vietnam Stock Exchange
Within 15 days from the date the stock is put on alert, An Thinh 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 July 09, 2024, HNX announces the status of An Thinh Joint Stock Company’s shares (stock code: ATB) as follows:
- ATB shares are put on alert according to Decision No.718/QD-SGDHN dated 09/07/2024 due to the reason(s) the company did not organize Annual General Meeting of Shareholders when the fiscal year ends according to Clause 2, Article 139 of the Enterprise Law as prescribed at Point b Section 1 Article 33 of the Regulations attached to Decision No.34/QD-HDTV dated November 16, 2022 of the Vietnam Stock Exchange.
- ATB shares are under continued trading restriction due to the Company was late in submitting the reviewed Semi-Financial Statements 2023 and the audited Financial Statements 2022, 2023 for more than 45 days, the auditing company gave a disclaimer opinion on the company’s 2021 financial statement at Point b, c Clause 1 Article 34 of the Regulation attached to Decision No. 34/QD-HDTV dated November 16, 2022 of the Vietnam Stock Exchange. ATB shares will only be traded on Friday weekly when being moved out of trading suspension.

HNX

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