POM: Decision on being put on alert & Notice of stock status
POM: Decision on being put on alert & Notice of stock status
Decision on being put on alert
On July 09, 2024, Hanoi Stock Exchange announced Decision No. 736/QD-SGDHN putting the POM stock of Pomina Steel Corporation under alert:
· Reason for being put on alert: the company did not organize Annual General Meeting of Shareholders when the fiscal year ends according to Clause 2, Article 139 of the Enterprise Law.
· Effective date: 15/07/2024
· Applicable law(s): Point b Clause 1 Article 33 of the Regulation attached to Decision No. 34/QD-HDTV dated 16/11/2022 of the Board of members of the Vietnam Stock Exchange
Within 15 days from the date the stock is put on continued alert, Pomina Steel Corporation must send a document to the HNX to explain the cause and provide a remedy.
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Notice of stock status
On July 09, 2024, HNX announces the status of Pomina Steel Corporation’s shares (stock code: POM) as follows:
- POM shares are put on alert according to Decision No.736/QD-SGDHN dated 09/07/2024 due to the reason(s) the company did not organize Annual General Meeting of Shareholders when the fiscal year ends according to Clause 2, Article 139 of the Enterprise Law as prescribed at Point b Section 1 Article 33 of the Regulations attached to Decision No.34/QD-HDTV dated November 16, 2022 of the Vietnam Stock Exchange.
- POM shares are put under trading restriction according to Decision No.501/QD-SGDHN dated 22/05/2024 because the company was compulsory delisted according to Point I Section 1 Article 120 of the Decree No.155/2020/ND-CP dated 31/12/2020 of the Government on some articles of Securities Law as prescribed in Point e Section 1 Article 34 of the Regulations attached to Decision No.34/QD-HDTV dated November 16, 2022 of the Vietnam Stock Exchange.
HNX
