Wednesday, 10/07/2024 16:29

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

Decision on continued trading restriction on UPCoM
Following Decision No. 778/QD-SGDHN dated July 09, 2024, HNX announces the continued trading restriction of DLR stock as follows:
- Reason: according to clause 2 Article 139 of Enterprise Law, the company has not organized Annual General Meeting of Shareholders for the recent 02 consecutive fiscal years within the limit time from the end of the fiscal year;
- Other reasons: the auditing organization gave a disclaimer of opinion on Financial Statements 2023; the company has negative owner’s equity recorded in Annual Financial Statement of 2023;
- Trading restriction: be traded on Friday weekly;
- Applicable law(s): Points a, 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, Da Lat Real Estate JSC must send a document to the HNX to explain the cause and provide a remedy.
This Decision replaces Decision No. 280/QD-SGDHN dated 04/4/2024.
-------------------------------------------------------------------------------------------------------------------------------On Notice of stock status
July 09, 2024, HNX announces the status of Da Lat Real Estate JSC's shares (stock code: DLR) as follows: DLR shares are under trading restriction due to the reason(s) that according to clause 2 Article 139 of Enterprise Law, the company has not organized Annual General Meeting of Shareholders for the recent 02 consecutive fiscal years within the limit time from the end of the fiscal year; the auditing organization gave a disclaimer of opinion on Financial Statements 2023; the company has negative owner’s equity recorded in Annual Financial Statement of 2023 as prescribed at points a, 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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