ONW: Change of reason for trading restriction on UPCoM to ONW
ONW: Change of reason for trading restriction on UPCoM to ONW
As of 20/02/2020, pursuant to Regulation on organization and management of UPCoM of HNX attached to Decision No.634/QD-SGDHN dated 24/9/2019, HNX announced the change of reason for trading restriction to ONW stock as follows:
- Issuer: One World Services Joint Stock Company
- Stock code: ONW
- Previous reason for trading restriction:
+ The company did not disclose information about the annual general meeting of shareholders in 2019 within 6 months from the end of the fiscal year.
+ The company did not disclose information about the audited financial statements of 2018 within 45 days as regulated.
- Changed reason for trading restriction: The company did not disclose information about the annual general meeting of shareholders in 2019 within 6 months from the end of the fiscal year and has no remedy for the problem. According to Point c, Item 1, Article 31 and Point a, Item 1, Article 32 of the Trading Regulation, the stock is put under restriction.
HNX shall inform normal trading resuming of ONW after the Company has remedied the causes leading to trading restriction status according to Regulation on trading registration.
HNX