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Recently, FLC Corporation has submitted an explanatory document to the State Securities Commission (SSC) and the Hanoi Stock Exchange (HNX) regarding the late submission of fourth-quarter 2023 financial reports (BCTC) and an extraordinary shareholder meeting voting record.
Specifically, according to document number 50/FLC-BNSPC from FLC on February 20, 2024, the company received letter number 368/SGDHN-QLNY from HNX regarding the “reminder to disclose information and request explanation with signs of suspicion of violating regulations on the disclosure of fourth-quarter 2023 financial reports with HNX.”
FLC stated that the 2021 audit financial reports of the company have not yet been issued due to disagreement between the Group and UHY Auditing and Consulting Company regarding the audit opinion of the separate and consolidated financial reports for the financial year ending December 31, 2021.
As a result, FLC has not been able to issue the 2021, 2022, and the 4th quarter of 2023 audit financial reports.
FLC is currently coordinating with the auditing firm to complete the additional procedures as a basis for providing appropriate audit opinions and disclosing information according to regulations.
After the issuance of the 2021, 2022, first quarter 2023, second quarter 2023, and third quarter 2023 financial reports, FLC will continue to carry out the audit of the fourth-quarter 2023 financial reports and disclose information according to regulations.
Regarding the delayed extraordinary information disclosure, according to FLC’s explanation, on January 2, the Group held an extraordinary shareholder meeting in 2024 and submitted an information disclosure file on the meeting results that did not meet the conditions stipulated through the CIMS system.
On January 8, HNX issued a rejection notice and requested additional voting record supplements.
Immediately after receiving the notice from HNX, FLC submitted the supplementary documents as requested and continued to be rejected because the company’s request to seal the voting record with a red stamp.
On January 9, FLC supplemented the requested documents from HNX and the file was approved.
