FLC convenes extraordinary general meeting to restructure after taking over Bamboo Airways

(NLDO) - These moves take place in the context of FLC's efforts to comprehensively restructure after a long period of crisis.

In the latest announcement sent to the Hanoi Stock Exchange, FLC Group Joint Stock Company (stock code: FLC) said that the Board of Directors of this group has just approved the plan to organize the second extraordinary general meeting of shareholders, scheduled to take place on November 11, 2025 at the FLC Landmark building in Hanoi. Previously, the first meeting in August 2025 was unsuccessful due to insufficient shareholder attendance as prescribed.

The main content of the congress on November 11 is to approve the dismissal of resigned personnel and elect new members to the Board of Directors and Supervisory Board for the 2021-2026 term. In addition, the congress will discuss the first 6-month performance report, the 2026 business plan and policies to handle the group's difficulties and backlog.

FLC plans to hold the second extraordinary general meeting of shareholders, scheduled to take place on November 11, 2025 at the FLC Landmark building in Hanoi.

Before the meeting, FLC announced the resignation of two members of the Board of Directors, Mr. Do Manh Hung and Mr. Nguyen Chi Cong - who also holds the position of Deputy General Director in charge of corporate governance, due to the inability to arrange time to undertake the work.

These two leaders requested the company to convene a shareholders' meeting to approve their resignation, and at the same time be exempted from attending Board of Directors meetings while waiting for the decision.

Previously, in December 2024, Chairman of the Board of Directors Le Ba Nguyen (brother-in-law of former Chairman of the Board of Directors of FLC Trinh Van Quyet) also submitted a withdrawal request.

Consecutive resignations have left FLC's Board of Directors with only 2 out of 5 members.

Regarding the business situation, recently, FLC has begun to restart a number of large-scale real estate projects and taken over the management of Bamboo Airways from the group of investors represented by Mr. Le Thai Sam.

In the market, FLC shares are still being kept under restricted trading on the UPCoM floor by the Hanoi Stock Exchange (HNX) because the company has been continuously late in submitting audited financial reports for many years.

Source: https://nld.com.vn/flc-trieu-tap-dai-hoi-bat-thuong-sau-khi-tiep-quan-bamboo-airways-196251025081446035.htm