FLC’s planned shift to a holding company structure could mark a new chapter for founder Trinh Van Quyet as he seeks to rebuild influence within the group’s business ecosystem.

After nearly three years of suspension, FLC shares can once again be transferred through a securities custody system, marking a new chapter for shareholders seeking liquidity.

The Hanoi Stock Exchange has announced the cancellation of nearly 710 million FLC shares from UPCoM, effective December 31, marking the company’s complete exit from Vietnam’s stock market.

FLC Group has appointed Vu Anh Tuan as its new Chairman and welcomed back Bui Hai Huyen as CEO, marking a significant leadership reshuffle as the company focuses on revitalizing its projects.

The Hochiminh Stock Exchange (HOSE) has announced the compulsory delisting of AMD and GAB, which are the final two stocks related to FLC Group on the stock market.

Bamboo Airways, the second private airline of Vietnam, has appointed a new CEO nine months after the CEO took office. It reportedly is going to recruit two senior executives from a large Japanese airline.

Bamboo Airways has found a new investor and will continue its restructuring and finish the investor conversion process this year.

Vietnamese conglomerate FLC Group plans to sell its stake in local carrier Bamboo Airways as part of its business restructuring plan, said FLC board chairman Le Ba Nguyen at an extraordinary general meeting last weekend.

Le Tien Dung, board chairman at FLC Faros Construction JSC (FLC Faros), a subsidiary of FLC Group JSC, has been picked as new general director at FLC Group with effect from today, March 2, replacing his predecessor Bui Hai Huyen.

FLC’s Vice Chairwoman and General Director Bui Hai Huyen and two other deputy general directors, Dam Ngoc Bich and Le Thi Truc Quynh, tendered their resignations on February 27.

The Hanoi Stock Exchange (HNX) has announced it will not allow FLC Group to trade its shares on the Unlisted Public Company Market (UPCoM).

The Hochiminh Stock Exchange (HOSE) has announced it will delist nearly 710 million shares of FLC Group, with a total value of nearly VND7.1 trillion, from February 20.

The arrest followed the expansion of the police’s ongoing investigation over the case of market manipulation and appropriation of assets by deceit at FLC Group and other affiliates.

The Ministry of Public Security on August 25 launched criminal proceedings against Trinh Van Quyet, former Chairman of FLC Group, and three others on a charge of fraudulent appropriation of property.

The Board of Directors of FLC Group has approved the resignation of Vice Chairman Dang Tat Thang and elected Mr. Doan Huu Doan to replace Mr. Thang as of August 17.

The Hochiminh Stock Exchange (HOSE) will ban FLC Group (FLC) and HAI Agrochem JSC (HAI) from trading their shares due to delays in releasing their audited 2021 financial reports.

Changes in leadership positions at Bamboo Airways, Louis Capital and Tien Phong Securities were the business highlights of last week.

Le Ba Nguyen has been named the new board chairman of FLC Group in the 2021-2026 tenure.

The Ho Chi Minh Stock Exchange (HoSE) just released a decision to transfer FLC shares of FLC Group (FLC) from a warning to the under supervision list starting from May 12.