FTM: Decision on continued trading restriction on UPCoM and Notice of stock status
Following Decision No. 916/QD-SGDHN dated August 21, 2024, HNX announces the continued trading restriction of FTM stock as follows: - Issuer: Duc Quan Investment and Development Joint Stock Company - Securities type: common stock - Stock code: FTM - Base of review: Reviewed semi-annual Financial Statements 2024 - Reason: the company had negative owner equity in the Reviewed semi-annual Financial Statements 2024 - Other reasons: the auditor had disclaimer opinion on Financial Statement 2023 - Form of restriction: Trading is available every Friday - Applicable law(s): Points a, c 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, FTM must send a document to the HNX to explain the cause and provide a remedy. This Decision replaces Decision No.346/GD-SGDHN dated 04/04/2024 ---------------------------------------------------------------------------------------------- Notice of stock status On August 21, 2024, HNX announces the status of Duc Quan Investment and Development Joint Stock Company’s shares (stock code: FTM) as follows: FTM shares are under trading restriction following the Decision 916/QD-SGDHN dated 21/08/2024 due to the company had negative owner equity in the Reviewed semi-annual Financial Statements 2024; the auditor had disclaimer opinion on Financial Statement 2023 according to the provision at Points a, c Clause 1 Article 34 of the Regulation attached to Decision No. 34/QD-HDTV dated November 16, 2022 of the Vietnam Stock Exchange.
HNX
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