Monday, 22/07/2024 16:49

NSG: Decision on continued trading restriction on UPCoM & Notice of stock status

Decision on continued trading restriction on UPCoM
Following Decision No. 830/QD-SGDHN dated July 22, 2024, HNX announces the continued trading restriction of NSG stock as follows:
- Review basis: Saigon Plastic Joint Stock Company submitted Audited Financial Statement 2023 and they sent the dispatch No.19/CV-NSG dated July 18, 2024 to ask for being removed out of trading restriction because they organized their Annual General Meeting 2024;
- Reason for continued trading restriction: it had negative owner equity in Audited Financial Statement 2023; the auditor gave a disclaimer opinion on their Financial Statement 2023.
- Trading restriction: be traded on Friday weekly
- Applicable law(s): Points a, c 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, Saigon Plastic Joint Stock Company must send a document to the HNX to explain the cause and provide a remedy.

This decision replaces Decision No.526/QD-SGDHN dated May 23, 2024.
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Notice of stock status
On July 22, 2024, HNX announces the status of Saigon Plastic Joint Stock Company’s shares (stock code: NSG) as follows:
- NSG shares are put under continued trading restriction according to Decision No.830/QD-SGDHN dated 22/07/2024 due to the reason(s) that it had negative owner equity in Audited Financial Statement 2023; the auditor gave a disclaimer opinion on their Financial Statement 2023 as prescribed at Points a, c Section 1 Article 34 of the Regulations attached to Decision No.34/QD-HDTV dated November 16, 2022 of the Vietnam Stock Exchange.

HNX
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