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DZM: Decision on being put under trading restriction and Notice of stock status

May 27th at 15:08
27-05-2024 15:08:34+07:00

DZM: Decision on being put under trading restriction and Notice of stock status

Following Decision No. 537/QD-SGDHN dated May 23, 2024, HNX announces the following DZM stock will be put under trading restriction as follow:
- Base for consideration: Audited Financial Statement 2023;
- Reason: the company is late in submitting the audited Financial Statement 2023 for more than 45 days from the deadline of information disclosure;
- Effective date: May 29, 2024;
- Trading restriction: be traded on Friday weekly from the day the shares are put out of trading suspension;
- Applicable law(s): Point b Section 1 Article 34 of the Regulations on registration and management of transactions of unlisted securities promulgated together with Decision No. 34/QD-HDTV dated November 16, 2022 by the Vietnam Exchange
Within 15 days from the date the stock is put under trading restriction, Dzi An Mechanoelectric Joint Stock Company shall send a document to the HNX to explain the cause and provide a remedy.
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On May 23, 2024, HNX announces the status of Dzi An Mechanoelectric Joint Stock Company’s shares (stock code: DZM) as follows:
- DZM stock is under trading restriction according to Decision No. 537/QD-SGDHN dated May 23, 2024 due to the reasons that the company is late in submitting the audited Financial Statement 2023 for more than 45 days from the deadline of information disclosure under point b Section 1 Article 34 of the Regulations on registration and management of transactions of unlisted securities promulgated together with Decision No. 34/QD-HDTV dated November 16, 2022 by the Vietnam Exchange; trading restriction: the stock is allowed to be traded only on Friday weekly from the day it is put out of trading suspension;
- DZM stock is under trading suspension according to Decision No. 61/QD-SGDHN dated February 05, 2024 as the Company was forced into delisting because of serious violations on information disclosure under Point d Section 1 Article 36 of the Regulations attached to Decision No. 34/QD-HDTV dated November 16, 2022 by the Vietnam Exchange.

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