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Economic News

Last updated: Friday, January 19, 2018

 

HNX Officially Allows Transfer of Stock Listing

Posted: Monday, December 18, 2017


The Hanoi Stock Exchange (HNX) recently issued Decision 958/QD-SGDHN on amendments and supplements to the Regulations on Securities Listing at HNX.

Accordingly, the transfer of stock listing from HNX to the Hochiminh Stock Exchange (HOSE) must comply with following regulations:

Fully satisfying conditions for listing in Clause 8, Article 1 of Circular No. 29/2017/TT-BTC. Clause 8 stipulates that a listing organisation that transfer the share listing from HNX to HOSE or vice versa must be approved by its General Meeting of Shareholders and must meet listing requirements on the new exchange.
An application of stock listing transfer comprises a set of original copies and a set of electronic copies submitted directly at the Stock Exchange or sent by post to the Stock Exchange.

Within five working days from the date of receiving the complete and valid application, the Stock Exchange shall approve or refuse the stock listing transfer. In case of refusal, a written explanation must be made.

Nguyen Thanh








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