Vietnam Securities Depository and Clearing Corporation News

HLG: Cancellation of Securities Registration

Date update 07/07/2023 - 16:33:43

Vietnam Securities Depository (VSD) would like to announce securities registration cancellation of the issuer as follows:

Securities name:

Stock of Hoang Long Group

Securities code:

HLG

ISIN:

VN000000HLG3

Par value:

10,000 VND

Quantity of registration-cancelled securities:

44,375,385 Securites

Value of registration-cancelled securities:

443,753,850,000 VND

Reason:

Hoang Long Group cancelled the status of a public company

Valid date:

19/07/2023

- On 14th July 2023, VSD shall fix the list of HLG share owners to cancel registration.
Members are requested to cooperate with VSD to implement the following tasks:
- From 13th July 2023, VSD will not accept lodging, withdrawal and ownership transfer of HLG shares. DMs are kindly request to inform investors accordingly.
- On 17th July 2023, VSD will generate and send the list of HLG deposited share owners (report code CA001) to DMs in the electronic form.
Depository members (DMs) are requested to compare share holders’ information in the List generated and sent in the form of Certificate of Authorization by VSD with the information managed by DMs then send Confirmation (Form 03/THQ) in the form of Certificate of Authorization on the accuracy of the list of shareholders (For DMs who have not completed the connection to VSD’s terminal-based gateway/ISO-based gateway or where the connection has been disrupted, the Confirmation with Certificate of Authorization shall be sent to thongbaoxacnhan@vsd.vn). In case of rejection due to data errors, VSD's members are requested to send written notice on details of errors for necessary correction.
Deadline for sending confirmation: by 11.30 am, 18th July 2023
If DMs do not send confirmation document by the above deadline, VSD will consider the list provided to DMs by VSD accurate and confirmed for VSD to send the list of shareholders to issuer. In case of arising disputes and losses to shareholders, DMs will have to bear all the related responsibilities.
- From 19th July 2023, the share code of HLG, ISIN VN000000HLG3 issued by VSD will become invalid and VSD will not accept registration, depository, clearing and settlement of HLG shares. VSD will automatically withdraw all deposited HLG shares on the valid date of registration cancellation. Members are requested to withdraw HLG shares from investors' accounts on 19th July 2023 and inform relevant investors to contact the issuer for issuing passbooks/certificate of share ownership.
This notification is for Members' information and action.