MHL: Decision on stock under alert and Notice of stock status

MHL: Decision on stock under alert and Notice of stock status

Decision on stock under alert
 
On 08/04/2024, HNX announced that the following stock has been put under alert under Decision No. 377/QD-SGDHN:
-    Issuer: Minh Huu Lien Joint Stock Company
-    Stock code: MHL
-    Effective date: 11/4/2024
-  Reason: undistributed profit after tax on consolidated Financial Statements 2023 as of 30/09/2023 was negative; the auditor has qualified opinions to Consolidated Financial Statements 2023.
-  Basic review:  Consolidated Financial Statements 2023.
-   Applicable regulation: Point b, c Section 1, Article 37 Regulation on Listing and Trading securities attached to Decision No. 17/QD-HDTV dated 31/3/2022 by the Board of members of the Vietnam Stock Exchange.
------------------------------------------------------------------------------------------------

Notice of stock status

On April 08, 2024, HNX announces the status of Minh Huu Lien Joint Stock Company (stock code: MHL) as follows:
-  MHL shares are under alert according to Decision No. 377/QD-SGDHN dated April 08, 2024
because undistributed profit after tax on consolidated Financial Statements 2023 as of 30/09/2023 was negative; the auditor has qualified opinions to Consolidated Financial Statements 2023.
-  MHL shares are under trading restriction according to Decision No. 83/QD-SGDHN dated 21/02/2024 because  The company was late in submit audited Financial statement for fiscal year ended at 30/9/2023 over 45 working days since due date and The company is over late in submitting the reviewed semi annual financial statements for 2023
-  MHL shares are under trading suspension according to Decision No. 891/QD-SGDHN dated 31/08/2023 because the company continues violating the regulations on information disclosure after being put in restricted trading status: the company was late to disclose Financial statement Q3/2023

HNX