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FTM: Decision on continued trading restriction on UPCoM and Notice of stock status

22/08/2024
Following Decision No. 916/QD-SGDHN dated August 21, 2024, HNX announces the continued trading restriction of FTM stock as follows:
- Issuer: Duc Quan Investment and Development Joint Stock Company
- Securities type: common stock
- Stock code: FTM
- Base of review: Reviewed semi-annual Financial Statements 2024
- Reason: the company had negative owner equity in the Reviewed semi-annual Financial Statements 2024
- Other reasons: the auditor had disclaimer opinion on Financial Statement 2023
- Form of restriction: Trading is available every Friday
- Applicable law(s): Points a, c Clause 1 Article 34 of the Regulation 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 continued trading restriction as prescribed in Article 1 of this Decision, FTM must send a document to the HNX to explain the cause and provide a remedy.
This Decision replaces Decision No.346/GD-SGDHN dated 04/04/2024
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Notice of stock status

On August 21, 2024, HNX announces the status of Duc Quan Investment and Development Joint Stock Company’s shares (stock code: FTM) as follows:
FTM shares are under trading restriction following the Decision 916/QD-SGDHN dated 21/08/2024 due to the company had negative owner equity in the Reviewed semi-annual Financial Statements 2024; the auditor had disclaimer opinion on Financial Statement 2023 according to the  provision at Points a, c Clause 1 Article 34 of the Regulation attached to Decision No. 34/QD-HDTV dated November 16, 2022 of the Vietnam Stock Exchange.
 
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