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LUT: Decision on continued trading restriction on UPCoM

Oct 7th at 14:05
07-10-2024 14:05:19+07:00

LUT: Decision on continued trading restriction on UPCoM

Following Decision No. 1056/QD-SGDHN dated October 04, 2024, HNX announces the continued trading restriction of LUT stock as follows:
- Base for consideration: Reviewed Semi-annual Financial Statements 2024;
- Reason: the Company was late in submitting the Reviewed Semi-annual Financial Statements 2024 for more than 45 days from the end of the prescribed information disclosure period;
- Another reason/Other reasons: the Company was late in submitting the Audited Financial Statement 2023 for more than 45 days from the end of the prescribed information disclosure period; the company is forced into delisting out of auditor's disclaimer of opinion on the Financial Statements 2022;
- Trading restriction: be traded on Friday weekly;
- Applicable law(s): Points b, c Clause 1 Article 34 of the Regulation attached to Decision No. 34/QD-HDTV dated November 16, 2022 of the Vietnam Exchange
Within 15 days from the date the stock is under continued trading restriction, Luong Tai Construction JSC must send a document to the HNX to explain the cause and provide a remedy.

HNX

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