Wednesday, 10/07/2024 16:29

S96: Decision on continued trading restriction & Notice of stock status

Decision on being continued trading restriction
On July 09, 2024, HNX announces the continued trading restriction of Song Da No 9.06 JSC’s shares (stock code: S96) as follows:
- Reason for trading restriction: the Company has not organized Annual General Meeting of Shareholders for the recent 02 consecutive fiscal years in the time limit from the end of fiscal year; 
- Other reason for trading restriction: the auditing organization gave a disclaimer of opinion on Financial Statements 2019;
- Trading restriction: be traded on Friday weekly;
- Applicable law(s): Point c, h Clause 1 Article 34 of the Regulation 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, Song Da No 9.06 JSC must send a document to the HNX to explain the cause and provide a remedy.
This Decision replaces Decision No. 1255/QD-SGDHN dated December 07, 2023.
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Notice of stock status
On July 09, 2024, HNX announces the status of Song Da No 9.06 JSC’s shares (stock code: S96) as follows: 
- S96 shares are under continued trading restriction due to the Company has not organized Annual General Meeting of Shareholders for the recent 02 consecutive fiscal years in the time limit from the end of fiscal year; the auditing organization gave a disclaimer of opinion on Financial Statements 2019 according to the provisions at Point c, h Clause 1 Article 34 of the Regulation attached to Decision No. 34/QD-HDTV dated November 16, 2022 of the Vietnam Stock Exchange.
- S96 shares are under trading suspension due to the Company has no measures to overcome the cause that led to the company's shares being placed in trading restriction according to the provisions of Point d, Clause 1, Article 46 of the Securities Law; being placed in trading suspension according to the provisions at Point e Clause 1 Article 36 of the Regulation attached to Decision No. 34/QD-HDTV dated November 16, 2022 of the Vietnam Stock Exchange.

HNX

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