|
BII: Decision on continued trading restriction on UPCoM and Notice of stock status Decision on continued trading restriction on UPCoM
Following Decision No. 753/QD-SGDHN dated July 09, 2024, HNX announces the continued trading restriction of BII stock as follows:
- Reason for continued trading restriction: 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
- Reason for other trading restriction: the company was late in submitting Audited financial statements 2023 for over 45 days; the company was late in submitting Reviewed financial statements 2023 for over 45 days, The Company is forced into mandatory delisting out of the auditor gave disclaimer opinion on Financial Statement 2022 as prescribed in Point b, c, h 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.
- Trading restriction: be traded on Friday weekly
- Applicable law(s): Points b, c, h Section 1 Article 34 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 restriction as prescribed in Article 1 of this Decision, Bao Thu Industrial Development and Investment JSC must send a document to the HNX to explain the cause and provide a remedy.
This decision replaces Decision No. 540/QD-SGDHN dated May 23, 2024 and Decision No. 688/QD-SGDHN dated July 07, 2023.
----------------------------------------------------------------------------------------------------
Notice of stock status
On July 09, 2024, HNX announces the status of Bao Thu Industrial Development and Investment JSC’s shares (stock code: BII) as follows:
- BII shares are put under continued trading restriction according to Decision No.753/QD-SGDHN dated 09/07/2024 due to the reason(s) that 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 Audited financial statements 2023 for over 45 days; the company was late in submitting Reviewed financial statements 2023 for over 45 days, The Company is forced into mandatory delisting out of the auditor gave disclaimer opinion on Financial Statement 2022 as prescribed in Point b, c, h 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. HNX
|
