HOSE delists more than 49.5 million TNA shares

ANTD.VN - More than 49.5 million TNA shares of Thien Nam Import-Export Trading Joint Stock Company will be delisted from November 19 due to serious violations of information disclosure obligations.

Ho Chi Minh City Stock Exchange (HOSE) has just decided to compulsorily delist TNA shares of Thien Nam Import Export Trading Joint Stock Company.

According to the announcement, more than 49.5 million TNA shares will be officially delisted from November 19. The last trading day of this stock is September 13 because TNA was previously suspended from trading.

The reason given by HOSE for this decision is that this listed organization has seriously violated its obligation to disclose information on the stock market.

TNA shares are about to be delisted

Previously, TNA shares were controlled from October 17, 2024 because the listed organization was 30 days late in submitting its semi-annual audited financial report compared to the prescribed deadline.

To date, TNA has not yet published its audited semi-annual financial report for 2024.

Explaining the delay in announcement, TNA said that in the past time, the Company's Board of Directors has actively worked with the auditor, however, there are still some figures that have not been agreed upon between the Company and the auditor during the process of auditing the 2023 financial statements and the 2024 semi-annual audited financial statements.

Therefore, up to now, the Company has not yet been able to disclose the audited financial statements for 2023 and is slow to disclose the reviewed semi-annual financial statements for 2024 in accordance with regulations.

The company said it will continue to work with the auditor to make disclosures about the reports in accordance with regulations.

In addition, TNA shares were warned because the auditing organization had an exception opinion on the audited 2022 financial statements of the listed organization.

HOSE said that since the time of suspension of trading, the company's information disclosure violations have not been resolved and are likely to continue to occur and prolong, seriously violating the obligation to disclose information and affecting the rights of shareholders.

Regarding business performance, at the end of the third quarter of 2024, Thien Nam Import-Export Trading Joint Stock Company recorded a 95% decrease in revenue compared to the same period last year, with only 46.3 billion VND left. After deducting expenses, the company lost more than 10 billion VND after tax, while in the same period last year it still made a profit of 2 billion VND.

Accumulated in the first 9 months of 2024, the company's net revenue reached 718 billion VND, down nearly 82% over the same period; after-tax loss was 36 billion VND.

Source: https://www.anninhthudo.vn/hose-huy-niem-yet-hon-495-trieu-co-phieu-tna-post595363.antd