On April 03, 2012, the Hochiminh Stock Exchange (HOSE) issued Announcement No.352/2012/TB-SGDHCM declaring the delisting of stock of Basa Joint Stock Company (BASACO):
- Head office: 861 National Highway 91, Thoi Thanh, Thoi Thuan, Thot Not Can Tho.
- Tel: 0710.3854299 Fax: 0710.3649400
- Number of shares delisted: 9,600,000 shares
- Total value : VND96,000,000,000.
- Delisted on the Hochiminh Stock Exchange under Decision No.37/2012/QD-SGDHCM dated April 03, 2012 by HOSE.
Reason: Basa Joint Stock Company violated Article 14.1(dd) of Decree 14/2007/ND-CP dated 01/19/2007 by the Government because it had losses (audited) in three consecutive years.
Effective date of the delisting : May 03, 2012
Last trading date on HOSE : May 02, 2012