Thai Binh Cement to delist from HNX, revoke public company status

At an Extraordinary General Meeting of Shareholders on October 9, 2025, Thai Binh Cement Joint Stock Company's shareholders approved a proposal to delist securities from the HNX exchange and revoke the company's public company status. This decision was made because the company's charter capital and equity are less than VND 30 billion, failing to meet public company conditions.

The resolution was passed with a 100% approval rate from shareholders representing 1,379,184 voting shares. Post-delisting, the company will manage its shareholder list, tracking ownership changes and mediating transactions. Thai Binh Cement Joint Stock Company may also buy back shares from minority shareholders who wish to trade.

The resolution, including the plan for addressing shareholder rights, takes effect from October 9, 2025. The board of directors and the executive board are tasked with implementing the approved changes.