The Ho Chi Minh City Stock Exchange (HoSE) has announced the temporary suspension of trading for VMD shares of Vimedimex Pharmaceutical Joint Stock Company.
Previously, HoSE issued Decision No. 798/QĐ-SGDHCM on September 16, 2025, placing VMD shares under warning due to the listed company’s delayed submission of the 2025 semi-annual audited financial report, exceeding the deadline by over 15 days. HoSE also sent Official Letter No. 1396/SGDHCM-NY on the same date, requesting the company to disclose measures and a roadmap to address the warning status of its securities.
As of October 2, 2025 (more than 15 days past the deadline), the company has yet to disclose the required measures and roadmap to rectify the warning status of its securities.
In accordance with Article 39, Clause 1, Point d of the Listing and Trading Rules for Listed Securities, issued under Decision No. 22/QĐ-HĐTV dated April 18, 2025, by the Board of Members of the Vietnam Stock Exchange: “1. Securities will be temporarily suspended from trading in the following cases: …d) The listed company fails to provide an explanation and a solution to address the warning, control, or restricted trading status of its securities within the deadline set by the Stock Exchange.” Consequently, VMD shares have been classified as securities subject to temporary trading suspension.
Therefore, HoSE will implement the temporary suspension of VMD shares as per regulations.
On September 24, Vimedimex approved the selection of UHY Auditing and Consulting Company Limited to conduct the semi-annual financial report audit and the 2025 annual financial report audit for the company.
Previously, in July 2025, Vimedimex submitted a report to the State Securities Commission and HoSE, requesting a three-month postponement of the 2025 semi-annual financial report disclosure due to force majeure, as stipulated in Circular No. 96/2020.
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