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 TIE: Change of reason for trading restriction on UPCoM (TIE)
HNX - 8/26/2020 4:56:00 PM
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As of 25/08/2020, 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 TIE stock as follows:
- Issuer: Telecommunications Industry Electronics Joint Stock Company
- Stock code: TIE
- Previous reason for trading restriction:
+ The auditor had contradictory opinion on consolidated financial statement for fiscal year 2018; The company did not disclose information about Annual general meeting of shareholders 2020 in six (6) months for the end of the fiscal year (According to Notice No.889/TB-SGDHN dated 08th August 2019 and Notice No.788/TB-SGDHN dated 12th August 2020)
- Changed reason for trading restriction: The auditor had contradictory opinion on consolidated financial statement for fiscal year 2019. According to Item 1, Article 32 of the Trading Regulation, the stock is put under restriction.
HNX shall inform normal trading resuming of TIE after the Company has remedied the causes leading to trading restriction status according to Regulation on trading registration
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