FLC continues to be late in submitting audited financial reports for 2 consecutive years.

On May 25, FLC Group Corporation (stock code: FLC) sent an official dispatch to the State Securities Commission and Hanoi Stock Exchange regarding the roadmap to overcome the company's violations of information disclosure.

Accordingly, the group has not been able to follow the previously announced schedule of submitting audited financial reports before May 26.

FLC's document dated May 25 stated: On April 28, 2023, FLC Group committed that the 2021 audit report would be officially released no later than May 25, 2023. However, up to now, according to Document No. 63/2023/CV UHY of UHY Auditing and Consulting Company Limited dated May 25, 2023, after the discussion and agreement process, there are still some issues that have not reached consensus between the two parties, so the financial report has not been completed.

"Up to now, the issuance of FLC's 2021 audited financial statements has not been completed. FLC will urgently coordinate with UYH to issue financial statements and disclose information according to regulations.

After the 2021 financial statements are released, the FLC Group Board of Directors will convene an annual general meeting of shareholders to approve the selection of an auditor for the 2022 financial statements. On that basis, the company will work with the auditor to audit the 2022 financial statements," the document stated.

Thus, once again, FLC leaders broke their promise to more than 64,700 shareholders of the group about bringing shares back to the stock exchange.

FLC Group headquarters in Hanoi.

Recently, on May 22, the Hanoi Stock Exchange announced that FLC shares were put on restricted trading list from May 25 due to late submission of audited financial statements for 2022 more than 45 days from the deadline for information disclosure as prescribed.

At the same time, FLC shares continue to be suspended from trading because the organization registering the transaction is a company that has been forced to delist due to serious violations of information disclosure obligations and other cases as prescribed.

S. Nhung

Source: https://nld.com.vn/kinh-te/tap-doan-flc-lai-that-hua-voi-co-dong-20230526113329218.htm