BT6: 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. 725/QD-SGDHN putting the BT6 stock of Beton 6 Corporation 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, Beton 6 Corporation 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 Beton 6 Corporation’s shares (stock code: BT6) as follows:
- BT6 shares are put on alert according to Decision No.725/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.
- BT6 shares was put under trading suspension according to Decision No.585/QD-SGDHN dated 23/05/2024 due the company did not have any remedy to overcome the reason for trading restriction according to Point d Section 1 Article 46 of Law on Securities, as prescribed in Points e Section 1 Article 36 of the Regulations attached to Decision No.34/QD-HDTV dated November 16, 2022 of the Vietnam Stock Exchange.
- BT6 shares remains under trading restriction due to the company’s equity is negative on Reviewed Semi-annual Financial Statements 2023, according to the  provisions at Point a, Clause 1 Article 34 of the Regulation attached to Decision No. 34/QD-HDTV dated November 16, 2022 of the Vietnam Stock Exchange.

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