Alpha Seven Group suspends 2024 stock dividend plan

Alpha Seven Group Joint Stock Company (HNX:DL1) announced on October 24, 2025, the suspension of its 2024 stock dividend issuance plan. The decision was formalized through Board of Directors' Resolution No. 12/2025/NQ-HĐQT, which overrides an earlier resolution (No. 11/2025/NQ-HĐQT dated August 7, 2025) that had initiated the plan.

The company stated the reason for the suspension is to allow additional time to complete necessary documentation, improve the quality and effectiveness of the issuance, and ensure shareholder benefits. The board of directors will determine the appropriate time to resume the plan in compliance with legal regulations and the company's charter.

The board has authorized the general director to manage all related tasks, including submitting a request to the State Securities Commission to halt the processing of dividend-related documents and making other necessary decisions to align with regulatory requirements and current circumstances.