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The shares would be listed on Mar. 3 but not be tradeable, the bourse said.
Though FLC meets the requirements of a public company and is therefore eligible to list, it has violated disclosure regulations and so its shares would not be tradeable until it has resolved the issues.
Within 15 days from Friday the company needs to explain the reasons for the violations and how it intends to resolve them, HNX said.
FLC was delisted from the country’s main bourse in Ho Chi Minh City on Feb. 13.
It immediately appealed to authorities to reconsider the decision, and told shareholders that it would strive to list on UPCoM.
