FLC plans to re-trade shares from the first quarter of 2026

According to CEO Bui Hai Huyen, FLC shares can be traded again on UPCoM at the earliest in the first quarter of 2026, after the company releases its financial reports.

Ms. Bui Hai Huyen, CEO of FLC at the meeting on the morning of November 11.

On the morning of November 11, FLC Group Joint Stock Company held its second extraordinary general meeting of shareholders with 216 shareholders attending, accounting for 35.6% of voting shares.

During the discussion, about two-thirds of the questions shareholders asked FLC's board of directors were related to information disclosure and the status of the group's shares. "When will FLC complete its audited financial report, and when will the shares be able to be traded again?", asked Mr. Nguyen Khac Minh, who owns hundreds of thousands of FLC shares.

Previously, nearly 710 million FLC shares were suspended from trading from February 2023.

General Director Bui Hai Huyen said the group has worked with a number of auditing units, providing preliminary documents for them to make initial assessments. According to her, the FLC Board of Directors (BOD) at the meeting also submitted to the shareholders' meeting authorization to select an independent auditing unit.

Once approved, the Board of Directors will work with the auditors to “maximize” the release of financial statements. FLC plans to release the remaining audited reports this year. The company will release its 2025 report in the first or early second quarter of 2026.

Next, the group will report to the State Securities Commission and the Stock Exchange for approval to resume trading of shares. "FLC expects shares to be traded on UPCoM as early as the first quarter of 2026," Ms. Huyen informed.

FLC CEO affirmed that the temporary suspension of trading does not take away shareholders' ownership rights, and does not affect the rights of stockholders.

Regarding real estate - FLC's core business, Deputy General Director Le Doan Linh said the company has 50 projects in 11 provinces and cities after the merger. "The land fund that the company owns is up to more than 10,000 hectares," Mr. Linh said.

Mr. Linh also informed about the progress of completion and handover of apartments at some of FLC's projects. For example, the luxury apartment project in Dai Mo (Hanoi) is 1 year ahead of schedule and is expected to hand over more than 400 apartments to customers by mid-2026. With the resort complex in Quang Tri, the company aims to complete the 13-storey hotel block next year.

In addition, the group also researches and promotes investment in potential new markets such as Lao Cai, Ho Chi Minh City, Nha Trang, Hau Giang , Gia Lai... In the first 9 months of this year, FLC recorded revenue from the real estate sector of about 1,800 billion VND.

FLC shareholders vote at an extraordinary meeting on the morning of November 11. Photo: FLC

Regarding the aviation sector, after taking over Bamboo Airways, Ms. Bui Hai Huyen said that the group is working with a number of domestic and international partners with experience in leasing - purchasing aircraft and finance to find cooperation solutions and support investment capital for this airline.

Also at the extraordinary meeting, shareholders unanimously elected 3 additional members of the Board of Directors for the 2021-2026 term, namely Mr. Trinh Van Nam, Ms. Do Thi Hai Yen and Ms. Phung Thi Thu Thao. Thus, the company's Board of Directors will have 5 members, in addition to 3 new members, including Chairman Vu Anh Tuan and Mr. Nguyen Thanh Tung.

FLC said it has completed the consolidation of its senior management apparatus, closely following the restructuring process for stable and sustainable development in the coming period.

According to VnE

Source: https://baohaiphong.vn/flc-du-kien-giao-dich-lai-co-phieu-tu-quy-i-2026-526310.html