On August 4, 2025, FLC Group Joint Stock Company (FLC: HoSE) held an extraordinary General Meeting of Shareholders (GMOS) for the year 2025.
According to the shareholder qualification check at 9:26 am on the same day, only 80 shareholders were present at the expected opening of the meeting, including 55 direct shareholders and 25 proxy shareholders. The total number of represented shares was over 228 million, equivalent to 32.1% of the charter capital.
This attendance rate did not meet the minimum requirement of 50% of the total voting shares, as stipulated in the Law on Enterprises of 2020 and the company’s charter.
As a result, the meeting could not proceed due to a lack of the required percentage of voting shares as mandated by law.
The 2025 extraordinary GMOS of FLC was unsuccessful.
Currently, FLC has not officially announced the timing of the next rescheduled shareholder meeting.
According to the previously published agenda, the Board of Directors (BOD) planned to report on the production and business results for the first six months of 2025 and present the business plan for 2026.
Additionally, the BOD also intended to propose the dismissal of Mr. Le Ba Nguyen from the position of BOD member and Mr. Nguyen Xuan Hoa from the position of Supervisory Board member, following their resignation requests. Replacements for these positions for the 2021-2026 term were also to be elected.
FLC has not disclosed information about the candidates for the BOD or Supervisory Board to replace the resigning personnel.
It is known that Mr. Le Ba Nguyen (born in 1977) joined the FLC BOD in July 2022 and was subsequently appointed as Chairman of the BOD, replacing Mr. Dang Tat Thang.
On December 5, 2024, Mr. Le Ba Nguyen submitted his resignation from the position of Chairman of the BOD and requested to withdraw from the FLC BOD. The FLC BOD then appointed Mr. Vu Anh Tuan as the new Chairman, with the remaining members being Mr. Nguyen Chi Cong, Mr. Nguyen Thanh Tung, and Mr. Do Manh Hung.
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