Suspend trading of 29 stocks on UPCoM

December 13, 2023 07:14 Nhat Linh Print article

ANTD.VN - Hanoi Stock Exchange has just decided to suspend trading of 29 stocks registered for trading on UPCoM from December 15, 2023.

Hanoi Stock Exchange (HNX) has just decided to suspend trading of 29 stocks registered for trading on UPCoM, starting from December 15, 2023.

These stock codes include: AVF, B82, BT6, C12, CTA, CTN, FBA, GTT, HDO, HLA, HVG, KAC, KHL, KSS, NDF, NTB, PID, PX1, S27, S96, SD1, SD8, SDB, SDX, STL, TBT, TNM, V15, VNI.

A series of stocks on UPCoM have had their trading suspended.

According to HNX, the basis for considering suspending stock trading is that the registered trading organizations have not published audited annual financial statements for three consecutive financial years or more. This is a serious violation of the obligation to disclose financial statements of organizations registered to trade on the UPCoM market.

Previously, these businesses were restricted from trading due to late submission of financial reports as prescribed and no remedial measures were taken.

Pursuant to the regulations on registration and management of unlisted securities transactions issued together with Decision No. 34/QD-HDTV dated November 16, 2022 of the Board of Members of the Vietnam Stock Exchange and under the guidance of the Vietnam Stock Exchange, to protect the interests of investors, the Hanoi Stock Exchange has handled violations according to its authority.

Stocks will be considered for removal from trading suspension when the registered trading organization has a written request with documents proving that the cause leading to the stock's trading suspension has been completely remedied.

Source link: https://www.anninhthudo.vn/dinh-chi-giao-dich-29-co-phieu-tren-upcom-post560911.antd