MHL: Decision on being put under trading suspension
On September 16, 2024, HNX announces Decision No. 985/QD-SGDHN on being put under trading suspension of Minh Huu Lien JSC’s shares (stock code: MHL) as follows:
- Ground for trading suspension: Decision No.943/QD-SGDHN dated August 29, 2024 about the mandatory delisting;
- Reason(s): because the company was mandatory delisted because it caused a serious violation of the information disclosure obligation accoriding to Point O Section 1 Article 120 of the Decree No.155/2020/ND-CP;
- Effective date: September 20, 2024;
- Applicable law(s): Point d, Clause 1 Article 36 of the Regulations attached to Decision No.34/QD-HDTV dated November 16, 2022 of the Vietnam Stock Exchange.
Within 15 days from the date the stock is under trading suspension, Minh Huu Lien JSC must send a document to the HNX to explain the cause and provide a remedy plan.
HNX