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Property developer FLC misses $45M bond repayment
Property developer FLC has not paid VND1.12 trillion ($45 million) in bonds and coupons, which were due last year, as it continues to go through a major restructuring.
How former FLC chairman earned $146M from stock manipulation
Former FLC chairman Trinh Van Quyet had instructed his sisters and employees to manipulate trading of shares worth VND3.6 trillion ($146 million) in a subsidiary.
FLC redeems $40.9M bonds before maturity
Conglomerate FLC has decided to retire three lots of bonds worth VND982.9 billion (US$40.9 million).
October 17, 2023 | 09:09 pm PT
FLC forced to pay $3.3M overdue taxes
The Hanoi Tax Department will reach into 19 bank accounts of property developer FLC to collect overdue taxes worth VND81.6 billion ($3.34 million.)
October 16, 2023 | 02:00 am PT
Bamboo Airways chairman resigns from FLC board
Bamboo Airways chairman Le Thai Sam has resigned as a director of FLC Group, and shareholders will consider it at the upcoming annual general meeting.
August 11, 2023 | 10:18 pm PT
All FLC-related stocks delisted from main bourse
The two remaining companies related to property developer FLC that were still traded on the Ho Chi Minh Stock Exchange have now been delisted for not submitting their financial reports.
June 28, 2023 | 08:48 pm PT
Lender NCB wants to sell 11% stake in Bamboo Airways pledged as collateral
National Citizen Commercial Bank plans to seek shareholders’ permission this month to sell 203 million shares, equivalent to a 11% stake, of Bamboo Airways.
May 5, 2023 | 10:14 pm PT
FLC wants restrictions on trading its shares lifted
Property developer FLC wants the restrictions on trading its shares lifted as soon as possible even as it strives to overcome management and financial challenges.
March 23, 2023 | 11:25 pm PT
FLC uses Bamboo Airways shares as collateral
Property developer FLC will use nearly 155 million Bamboo Airways shares as collaterals for loans from lender OCB, repeating a decision it made three years ago.
March 20, 2023 | 03:14 pm PT
How FLC plans to restructure
Conglomerate FLC plans to restructure after nearly a year of chaos by focusing on property development and resort operations and selling an unspecified stake in Bamboo Airways.
March 8, 2023 | 08:21 pm PT
FLC to sell stake in Bamboo Airways
Property developer FLC is set to sell its stake in carrier Bamboo Airways as part of the company's restructuring plan.
March 4, 2023 | 07:59 pm PT
FLC appoints new CEO
FLC has named Le Tien Dung, chairman of its construction subsidiary FLC Faros, its new CEO in place of Bui Hai Huyen, who stepped down Monday.
March 1, 2023 | 08:01 pm PT
CEO resigns in latest setback for embattled FLC
Bui Hai Huyen, CEO of property developer FLC, resigned on Monday, aggravating an already difficult situation for the company.
February 26, 2023 | 10:54 pm PT
FLC share trading suspended on UPCoM until it comes clean on violations
The Hanoi Stock Exchange has suspended the trading of property developer FLC’s shares on its Unlisted Public Company Market just days after approving their listing.
February 24, 2023 | 08:55 pm PT
Embattled FLC gets green light to list on UPCoM
Property developer FLC, whose 710 million shares have been delisted from the Ho Chi Minh Stock Exchange, has been allowed to list on the Unlisted Public Company Market.
February 19, 2023 | 07:01 pm PT
Disgraced property developer FLC strives to list on UPCoM
FLC announced plans Friday to list on the Unlisted Public Company Market (UPCoM) Exchange after being delisted by the Ho Chi Minh Stock Exchange for violations three days ago.
February 17, 2023 | 04:26 pm PT
FLC appeals to stock authorities to reconsider delisting decision
Property developer FLC has pleaded force majeure for its failure to meet disclosure requirements and asked for its shares to be relisted on the Ho Chi Minh Stock Exchange.
February 14, 2023 | 08:10 pm PT
FLC shares delisted from HCMC bourse
The Ho Chi Minh Stock Exchange has decided to delist the shares of property developer FLC for “severe violation in fulfilling disclosure obligations.”
February 13, 2023 | 08:21 pm PT
FLC fails to achieve quorum in extraordinary meeting
Property developer FLC has failed to organize an extraordinary meeting as the number of participants at the meeting held less than 50% of the voting shares.
February 5, 2023 | 11:02 pm PT
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