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SPP: Stock under trading restriction
HNX - 5/29/2020 10:36:00 AM
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Pursuant to Regulations on Organization and Management of UPCoM at the HNX attached to Decision No.634/QD-SGDHN dated 24/09/2019 by Hanoi Stock Exchange, HNX announces the trading restriction of the stock as follows:
-          Issuer: Saigon Plastic Packaging Joint Stock Company
-          Securities type: common stock
-          Stock code: SPP
-          Par value: VND 10,000/share
-          Number of shares being under trading restriction: 25,120,000 shares
-          Total value (by par): VND 251,200,000,000
-          Trading restriction: be traded on Friday weekly
-          Effective date: 29/05/2020
-          Reason: Owner’s equity of the Company in the audited financial statement 2019 is negative. According to Point b, Item 1, Article 9a of the Rules, the stock is put under restriction.
Hanoi Stock Exchange will notify when the stock is allowed to be traded again after the company remedies the cause for being put under trading restriction
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