HoSE puts a series of stocks on warning list

The Ho Chi Minh City Stock Exchange (HoSE) has just decided to put a series of stocks on warning status since July 11, including many notable codes such as HPX shares of Hai Phat Investment JSC; IBC of Apax Holdings Investment JSC; POM of Pomina Steel JSC; TTB of Tien Bo Group JSC.

The reason for being put on warning is that listed organizations have not held a General Meeting of Shareholders for more than 6 months from the end of the fiscal year, according to the provisions of Point d, Clause 1, Article 37 of the Regulations on Listing and Trading of Listed Securities issued under Decision No. 17 dated March 31, 2022 of the Board of Members of the Vietnam Stock Exchange.

In addition, TTB has been suspended from trading since July 7, 2023, and IBC shares are being monitored for restricted trading due to the delay in submitting the 2022 audited financial report more than 45 days from the prescribed deadline.

HVN is under the control of HoSE because the parent company's after-tax profit is negative.

In addition, for the same reason, HoSE has put the code HVN of Vietnam Airlines Corporation - JSC on warning since April 25. Currently, HVN is under the control of HoSE because the parent company's after-tax profit is negative, undistributed after-tax profit, and equity are also negative by thousands of billions of VND.

In addition, the company was 30 days late in submitting its audited financial statements for 2022.

Previously, all of the above stocks were put on the list of stocks ineligible for margin trading by HoSE in the third quarter.

As a rule, investors will not be allowed to use margin provided by brokerage firms to purchase stocks on this list .

Source: https://www.nguoiduatin.vn/hose-dua-loat-co-phieu-vao-dien-canh-bao-a615844.html