On April 11, 2023, the Hochiminh Stock Exchange (HOSE) issued Decision No.171/QĐ-SGDHCM regarding the delisting of stock of Urban Development and Construction Corporation (UDC):
- Stock type : common stock
- Stock code : UDC
- Par value : 10,000 dongs/share
- Delisting volume : 35,000,000 shares
- Delisting value : VND350,000,000,000
- Effective delisting date : May 12, 2023
- Last trading date : May 11, 2023
- Reason: The Company’s business result was negative number in three consecutive years. This is the case of securities being delisted under the rule under Point e, Clause 1, Article 120 under Decree 155/2020/NĐ-CP dated December 31, 2020.