CTC: Decision on stock under continued alert and Notice on stock status
CTC: Decision on stock under continued alert and Notice on stock status
* Decision on stock under continued alert:
Following Decision No. 706/QD-SGDHN dated 05/07/2024, HNX announces the stock under continued alert as follows:
- Issuer: Hoang Kim Tay Nguyen Group Joint Stock Company
- Securities type: common stock
- Stock code: CTC
- Effective date: 10/07/2024
- Reason: The company fixed the problem of being "not to convene the Annual General Meeting 2023 over 6 months from the end of the fiscal year", however they haven't resolved the reason of "undistributed profit after tax at 31/12/2023 was negative".
- Basic of review: Financial statement 2023
- Applicable law(s): Point b Section 1 and 4 Article 37 of the Regulations attached to Decision No. 17/QD-HDTV dated 31/03/2022 by the Board of Members of the Vietnam Stock Exchange
- Within 15 days from the date of this Decision as prescribed in Article 1 of this Decision, the Company shall send a document to the HNX to explain the cause and provide a remedy.
------------------------------------------------------------------------------------------------------------
* Notice of stock status:
On 05/07/2024, HNX announces the status of Hoang Kim Tay Nguyen Group Joint Stock Company (stock code: CTC) as follows:
- CTC shares are under alert according to Decision No. 706/QD-SGDHN dated 05/07/2024 because the company fixed the problem of being "not to convene the Annual General Meeting 2023 over 6 months from the end of the fiscal year", however they haven't resolved the reason of "undistributed profit after tax at 31/12/2023 was negative".
- CTC shares are under supervision according to Decision No. 303/QD-SGDHN dated 04/04/2024 because Profit after tax of 2022 and 2023 on audited Financial Statements 2023 were negative and the auditor has qualified opinions to Financial Statements 2022 and 2023;
- CTC shares are under trading suspension according to Decision No. 1207/QD-SGDHN dated 29/11/2023 because the listed organization continues to violating regulation on information disclosure after being put under trading restriction, specifically: the company is late in disclosing Financial Statements for the third quarter of 2023.
HNX
