LTC: Decision on continued trading restriction on UPCoM and Notice of stock status
Following Decision No. 1030/QD-SGDHN dated October 01, 2024, HNX announces the continued trading restriction of LTC stock of Low Current-Telecom Joint Stock Company as follows: - Ground for continued trading restriction: Audited Financial Statements 2023; - Reason: The auditor gives disclaimer of opinion to the Financial Statements 2023; - Trading restriction: trading is only available every Friday; - Applicable law(s): Point c Section 1 Article 34 of the Regulations attached to Decision No. 34/QD-HDTV dated 16/11/2022 by the Vietnam Exchange. Within 15 days from the date the stock is under continued trading restriction, Low Current-Telecom Joint Stock Company shall send documents to the HNX for explanation and remedial measures. ------------------------------------------------------------------------------------------------------------------------------ On October 01, 2024, HNX announces the status of Low Current -Telecom Joint Stock Company’s shares (stock code: LTC) as follows: - LTC stock is under trading restriction under Decision No. 1030/QD-SGDHN dated October 01, 2024 due to the reasons that the auditing company gave a disclaimer of opinion to the Company’s Financial Statements 2023 under Point c Section 1 Article 34 of the Regulations attached to Decision No. 34/QD-HDTV dated November 16, 2022 by the Vietnam Exchange; - LTC stock is under alert according to Decision No. 730/QD-SGDHN dated July 09, 2024 due to the reason(s) that the company has not organized Annual General Meeting of Shareholders 2024 within the time limit from the end of the fiscal year according to the provisions of Clause 2, Article 139 of the Law on Enterprises so it belonged to the cases under Point b Clause 1 Article 33 of the Regulation attached to Decision No. 34/QD-HDTV dated November 16, 2022 of the Vietnam Exchange.
HNX
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