A series of companies belonging to the "FLC group" of former Chairman Trinh Van Quyet are about to delist from the stock exchange.

(Dan Tri Newspaper) - The State Securities Commission has just announced the revocation of public company status for FLCHomes and 4 businesses in the FLC ecosystem.

On December 18th, the State Securities Commission issued a notice regarding the cancellation of the public company status of FLCHomes Real Estate Investment and Development Company (stock code: FHH).

In addition, the regulatory agency also revoked the public company status of four companies: FLC Stone Investment and Mining Joint Stock Company (AMD), FLC Mining and Asset Management Investment Joint Stock Company (GAB); HAI Agricultural Pharmaceutical Joint Stock Company (HAI) and CFS Investment, Trade and Import-Export Joint Stock Company (KLF).

All of these businesses are part of the FLC Group's ecosystem. Except for HAI Agricultural Chemicals, headquartered in Ho Chi Minh City, and FLC Mining Investment and Asset Management, headquartered in Thanh Hoa, the remaining businesses are registered at the FLC Landmark building (Tu Liem Ward, Hanoi ).

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

The shares of these companies are all listed on UPCoM but have been restricted or suspended from trading for extended periods due to numerous violations. Specifically, FLC shares, after being delisted from HoSE, were transferred to UPCoM but are now also under suspension.

At the extraordinary general meeting of shareholders on November 11, FLC General Director Bui Hai Huyen announced that the group plans to relist FLC shares on UPCoM in the first quarter of 2026, after fulfilling its financial obligations and restructuring its ecosystem.

Currently, FLC is working with an auditing firm and is expected to publish its financial report for the period 2021-2024 this year and the 2025 report in the first quarter of 2026, before submitting the application to reinstate the transaction.

On the UPCoM exchange, FLC shares have maintained a price of 3,500 VND/share for over 3 years and remain under trading restrictions. According to Ms. Huyen, the group's decision to take over ownership, management, and operation of Bamboo Airways was made after careful and comprehensive consideration, and in strict compliance with legal procedures.

The corporation is working with several domestic and international partners with experience in the aviation sector. The aim is to seek collaborative solutions, technical support, and investment capital for the airline.

Source: https://dantri.com.vn/kinh-doanh/loat-cong-ty-ho-flc-cua-cuu-chu-tich-trinh-van-quyet-sap-roi-san-20251218215639401.htm