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Stock news: 18 stock codes are suspended and restricted from trading

Stock news: 18 stock codes are suspended and restricted from trading

Wednesday 29, 05 2024
The Hanoi Stock Exchange (HNX) has decided to suspend trading for 9 stock codes from June 3 and restrict trading for 9 other codes from May 29.

List of companies suspended from trading

On May 23, HNX decided to suspend trading for KSH shares of Damac GLS Joint Stock Company, NHP shares of NHP Manufacturing Import-Export Joint Stock Company, PSG shares of Saigon Petroleum Investment and Construction Joint Stock Company, DPS shares of Soc Son Development Investment Joint Stock Company, PVA shares of Nghe An Petroleum Construction Joint Stock Company, SJC shares of Song Da 1.01 Joint Stock Company, CLG shares of Cotec Real Estate Investment and Development Joint Stock Company, TBH shares of Bach Hoa Group Joint Stock Company, and PPI shares of Pacific Infrastructure Investment and Development Joint Stock Company.

stock codes suspended from trading Vietnam 2024 May

The suspension date is June 3. The reason given by HNX is that these companies have not taken measures to address the reasons leading to the stocks being put under restricted trading. Specifically, most of the organizations have not disclosed audited financial statements (AFS) for the years 2021, 2022, 2023 to HNX.

Moreover, within 15 working days from the date the stocks are suspended from trading, companies must submit documents to HNX explaining the reasons and proposing solutions to address the suspension.

List of companies restricted from trading

On the same day, HNX also decided to restrict trading for LCM shares of Lao Cai Minerals Exploitation and Processing Joint Stock Company, RIC shares of Royal International Corporation Joint Stock Company, SQC shares of Saigon - Quy Nhon Minerals Joint Stock Company, PEC shares of Power Mechanical Joint Stock Company, TGG shares of The Golden Group Joint Stock Company, TTB shares of Progressive Corporation Joint Stock Company, DZM shares of DzI An Electrical and Mechanical Joint Stock Company, IBC shares of Apax Holdings Investment Joint Stock Company, KLF shares of Commerce and Import-Export Investment Joint Stock Company.

The reason is that these enterprises have delayed the submission of audited financial statements for 2023 for over 45 days from the deadline for information disclosure as required.

stock codes restricted from trading Vietnam 2024 May

Accordingly, these stocks will only be traded on Fridays, starting from May 29. Only the codes TGG, TTB, DZM, IBC, and KLF will be applicable from the date they are removed from the suspended trading list.

Within 15 days from the date of restricted trading, companies must submit documents to HNX explaining the reasons and proposing solutions.

Source: vietnambiz

Compiled by VietnamCredit

 

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