HCMC – The Hochiminh Stock Exchange (HOSE) has announced it will delist nearly 182.68 million shares of HAI Agrochem JSC (stock code: HAI), from April 18.
HOSE made this move to protect the interests and rights of investors as the company was found to have seriously violated regulations on information disclosure and other issues.
Earlier, HOSE decided to suspend this company from trading its shares on the HCMC bourse from August 31, 2022, as it continued to violate information disclosure regulations after its shares were put under trading restriction.
HOSE issued a reminder on April 3 to HAI Agrochem JSC regarding its delays in filing the 2022 audited financial statement. However, the company has yet to submit it until now.
Prior to HAI, another FLC-related pair of stocks, FLC and ROS, had also been delisted from HOSE.
Regarding the stock market today, the VN-Index of the Hochiminh Stock Exchange remained unchanged from the previous session at 1,069.45 points, with 190 gainers and 188 losers.
Trade on the southern bourse totaled 718.8 million shares worth over VND12.4 trillion changing hands, inching up 3% in volume and 8% in value over the previous session, including 65.3 million shares valued at more than VND1.4 trillion traded in block deals.
NVL took the lead by liquidity today with over 51.45 million shares transacted, followed by SHB with 41.55 million shares transacted.
On the Hanoi exchange, the HNX-Index slid 0.4 points, or 0.19%, at 211.94 points, with 91 advancers and 81 decliners.
The total trading volume reached 96.7 million shares valued at over VND1,344 billion, down 15% in volume and 21% in value over the previous session.