FLC convenes extraordinary shareholders' meeting in November

(Dan Tri) - At the extraordinary general meeting of shareholders on November 11, FLC Group will reorganize many senior leaders, approving policies to handle issues in business, investment and finance.

A series of high-level personnel changes have been made.

FLC Group Joint Stock Company recently announced the second extraordinary general meeting of shareholders for 2025, to be held on November 11th in Hanoi . It is expected that the group's leadership will propose the dismissal of three members of the Board of Directors and the election of two new members for the 2021-2026 term.

The list of three Board members whose dismissals will be proposed this time includes Mr. Le Ba Nguyen, Mr. Nguyen Chi Cong, and Mr. Do Manh Hung. The effective date will be from the date the dismissals are approved by the General Meeting.

Previously, two members of the Board of Directors, Mr. Do Manh Hung and Mr. Nguyen Chi Cong, resigned on October 20th, less than a year after their appointments. In their resignation letters, both Mr. Hung and Mr. Cong stated that due to personal reasons, they were unable to allocate time to fulfill their duties as members of the Board of Directors.

The FLC Group's Board of Directors currently has 5 members, but so far 3 have submitted their resignations. Previously, in early December 2024, Mr. Le Ba Nguyen - Chairman of the Board of Directors and also the brother-in-law of former FLC Chairman Trinh Van Quyet - also requested to withdraw from the Board of Directors, citing his inability to arrange time to attend meetings.

In addition, the general meeting also proceeded to dismiss Mr. Nguyen Xuan Hoa from his position as a member of the supervisory board.

FLC Group's headquarters in Hanoi (Photo: Tien Tuan).

How is FLC doing in business?

In addition to restructuring its personnel, FLC also plans to report on its business performance for the first six months of the year and its business plan for 2026; address existing and emerging issues in business, investment, and finance; and consider amending its charter and internal regulations on corporate governance.

FLC has recently undergone several high-level personnel changes. Its shares were delisted from the HoSE and transferred to the UPCoM market, but are now subject to trading restrictions due to the company's failure to submit audited financial statements for several consecutive years. In June of this year, FLC sent a document to the State Securities Commission explaining this situation.

At the extraordinary general meeting of Bamboo Airways shareholders on September 25th, FLC Group agreed to take over the management of the airline.

Bamboo Airways Chairman Le Thai Sam stated that continuing to own, manage, and operate Bamboo Airways at this time exceeds the financial and managerial capabilities of the new group of investors.

Therefore, he suggested that FLC Group consider taking over the ownership, management, and operation of Bamboo Airways. The Chairman of Bamboo Airways reported to the general shareholders' meeting the plan to transfer all shares of the investor group to FLC Group.

Source: https://dantri.com.vn/kinh-doanh/flc-trieu-tap-hop-co-dong-bat-thuong-vao-thang-11-20251026100131553.htm