FLC Group

Update news FLC Group

All FLC-related stocks to be delisted from HOSE

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 replaces new CEO, will recruit foreign managers

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 finds a new investor

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

FLC to sell stake in Bamboo Airways

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.

FLC Group gets new general director

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 general director, two deputy general directors resign

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.

FLC shares suspended from trading on UPCoM

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

FLC shares to be delisted next week

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.

FLC Faros Vice General Director arrested

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.

Trinh Van Quyet prosecuted for fraud

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.

FLC names new vice president to replace Dang Tat Thang

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.

FLC, HAI face trading suspension

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.

Big bosses of airline, securities company leave ‘hot seats’

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

FLC has new chairman

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

FLC shares to trade under supervision due to late financial statement

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.

Three stocks in FLC family put on warning list

Three stocks linked to Vietnamese diversified conglomerate FLC Group, including FLC, ROS and HAI, will be put on the warning list as from April 26 by the Hochiminh Stock Exchange (HOSE).

Prior to Trinh Van Quyet’s arrest, FLC Group had proposed many giant projects

The FLC Group has recently proposed many large-scale projects, with a total investment of up to VND80,000 billion.

Another sister of former FLC Group CEO arrested

Trinh Thi Thuy Nga, the sister of former FLC Group CEO Trinh Van Quyet, has been arrested by the Police Investigation Agency in a stock market manipulation case.

Watchdog agency tightens control over share trading

The cash flow into stocks of big companies is being strictly supervised.

Another detained on charge of stock market manipulation

The police decided to launch criminal proceedings against and detain Trinh Thi Minh Hue, a member of FLC Group's accounting department, for assisting Trinh Van Quyet on the charge of stock market manipulation.