HLG: HNX Notice: Change of reason for trading restriction on UPCoM to HLG

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HLG: HNX Notice: Change of reason for trading restriction on UPCoM to HLG

HNX - 6/23/2020 4:28:00 PM

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As of 22/06/2020, pursuant to Regulation on organization and management of UPCoM of HNX attached to Decision No.634/QD-SGDHN dated 24/9/2019, HNX announced the change of reason for trading restriction to HLG stock as follows:
- Issuer: Hoang Long Group
- Stock code: HLG
- Previous reason for trading restriction: The company has delayed the disclosure of information more than 45 days for audited financial statements in 2019 and the securities have been delisted and have not yet solved the reasons for the delisting of securities.
- Changed reason for trading restriction : The auditor declined to comment on the financial statements for the 2019 financial institution and the securities have been delisted and have not yet solved the reasons for the delisting of securities. According to the provisions at Point m, Clause 1, Article 60 of Decree No. 58/2012 / ND-CP of July 20, 2012. Government and According to Point d, e Item 1, Article 32 of the Trading Regulation, the stock is put under restriction.

HNX shall inform normal trading resuming of HLG after the Company has remedied the causes leading to trading restriction status according to Regulation on trading registration.

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