Monday, 07/10/2024 12:32

TKC: Decision on continued trading restriction on UPCoM and Notice on stock status

Decision on continued trading restriction UPCoM
Following Decision No. 1066/QD-SGDHN dated October 04, 2024, HNX announced that the following stock remains under trading restriction as follow:
-  Issuer: Tan Ky Construction Real Estate Trading Corporation 
-  Stock code: TKC
-  Reason:  The Company was late in submitting the Reviewed Semi Annual Financial Statements 2024 over 45 days;
- Other reason: The Company was late in submitting the Audited Financial Statements 2023 over 45 days; The Company was forced into delisting over its failure to fulfill financial obligations to the stock exchange under Point o Section 1 Article 120 of Decree No. 155/2020/ND-CP dated 31/12/2020 by the Government detailing implementation of certain articles of the Law on Securities; 
- Trading restriction: Trade is available only every Fridays from the date of being lifted out of trading suspension;
-   Applicable regulation: Points b and g section 1 Article 34 of the Regulations on Listing and Trading securities attached to Decision No. 17/QD-HDTV dated November 16, 2022 by the Board of members of the Vietnam Stock Exchange.;
- Within 15 days from the date of this Decision as prescribed in Article 1 of this Decision, the Company shall send a document to the HNX to explain the cause and provide a remedy.
This Decision replaces Decision No. 533/QD-SGDHN dated May 23, 2024.
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Notice of stock status
Following Notice No. 4448/TB-SGDHN dated October 04, 2024, HNX announces the status of Tan Ky Construction Real Estate Trading Corporation’s shares (Upcom: TKC) as follows: 
- TKC shares are under continued trading restriction under Decision No. 1066/QD-SGDHN dated October 04, 2024 due to the Company was late in submitting the Reviewed Semi Annual Financial Statements 2024 over 45 days; The Company was late in submitting the Audited Financial Statements 2023 over 45 days; the company is a company that is forced to be delisted due to failure to fulfill its financial obligations to the Stock Exchange according to the provisions of Point o, Clause 1, Article 120 of Decree No. 155/2020/ND-CP dated December 31, 2020 of The Government details the implementation of a number of articles of the Securities Law (Decree No. 155); in the case of stocks that are restricted from trading according to the provisions of Points b, g Clause 1, Article 34 of the Regulations on Registration and Management of Unlisted Securities Trading. Trading restriction period: Only allowed to trade every Friday from the date the stock is removed from the trading suspension;
-  TKC shares are under trading suspension following Decision No. 117/QD-SGDHN dated March 13, 2024 as the Company was forced into delisting out of their serious infringement on information disclosure under Point o Section 1 Article 120 of Decree No. 155/2020/ND-CP;
- TKC shares are put under alert following Decision No. 732/QD-SGDHN dated July 09, 2024 due to the reason(s) that the company has not convened the Annual General Meeting of Shareholders 2024 in the time limit from the end of fiscal year according to the provisions of Clause 2, Article 139 of the Law on Enterprises according to Point b, Clause 1 Article 33 of the Regulations attached to Decision No. 34/QD-HDTV dated November 16, 2022 of the Vietnam Exchange.

HNX

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>   TOP: Decision on continued trading restriction on UPCoM (07/10/2024)

>   TOP: Notice of stock status (07/10/2024)

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