DCS: Decision on continued trading restriction on UPCoM and Notice of stock status

Decision on continued trading restriction on UPCoM
Following Decision No. 780/QD-SGDHN dated July 09, 2024, HNX announces the continued trading restriction of DCS stock as follows:
- Reason: the Company has not convened the Annual General Meeting of Shareholders for the recent 02 consecutive fiscal years in the time limit from the end of fiscal year according to the provisions of Clause 2, Article 139 of the Law on Enterprises;
- Other reasons: the company is late in submitting the Reviewed Semi-annual Financial Statement of 2023 and Audited Financial Statement of 2022 and 2023 more than 45 days from the end of the time limit for information disclosure; the auditing organization gave disclaimer opinion on Financial Statements 2021; 
- Trading restriction: be traded on Friday weekly;
- Applicable law(s): Points b, c and h Section 1 Article 34 of the Regulations attached to Decision No.34/QD-HDTV dated 16/11/2022 of the Vietnam Exchange.
Within 15 days from the date the stock is under continued trading restriction, Dai Chau Group 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 Dai Chau Group Joint Stock Company’s shares (stock code: DCS) as follows:
- DCS shares are under trading restriction according to Decision No. 780/QD-SGDHN dated July 09, 2024 due to the reasons that the Company has not convened the Annual General Meeting of Shareholders for the recent 02 consecutive fiscal years in the time limit from the end of fiscal year according to the provisions of Clause 2, Article 139 of the Law on Enterprises; the company is late in submitting Audited Financial Statements of 2022 and 2023, and Reviewed Semi-annual financial statement 2023 more than 45 days from the end of the time limit for information disclosure; the auditing organization gave disclaimer opinion on Financial Statements 2021 as prescribed at points b, c and h Section 1, Article 34 of the Regulations attached to Decision No.34/QD-HDTV dated 16/11/2022 of the Vietnam Exchange.

HNX

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