FLC Group’s stock status update on UPCoM.
FLC Group Joint Stock Company has submitted an official statement to the State Securities Commission and the Hanoi Stock Exchange (HNX) regarding the trading status of FLC shares on the UPCoM system.
According to FLC, on October 22, 2025, the company received a notice from HNX maintaining the restricted trading status for FLC shares.
In the document submitted to regulatory authorities, FLC stated that it is collaborating with the auditing firm to finalize outstanding financial reports. However, both parties have yet to reach a consensus on the audit opinion for the 2021 financial statements, preventing the company from issuing audited financial reports for 2021, 2022, 2023, 2024, and the first half of 2025 as required.
Despite recent challenges, FLC Group remains committed to addressing difficulties proactively and transparently. The company is determined to restore its operations to a stable and sustainable state.
Regarding information disclosure, FLC is actively implementing corrective measures to ensure compliance with current legal regulations. The company is in the process of finalizing standalone and consolidated financial statements for 2021–2024, along with other related reports. FLC has reviewed and supplemented necessary documentation, provided explanations, and completed essential procedures to address issues in the preparation and auditing of previous financial statements.
Once the financial statements are fully audited, FLC plans to convene the Annual General Meeting of Shareholders and disclose all required information in accordance with legal procedures.
The company pledges to keep regulatory authorities informed of its progress, ensuring transparency and compliance with disclosure obligations while minimizing any impact on shareholders and investors.
FLC also requests that regulatory bodies acknowledge its efforts and provide additional time to complete outstanding tasks, helping the company establish a consistent and sustainable information disclosure process.
FLC stock price movement prior to delisting.
Previously, FLC was one of the most liquid stocks on the market during 2020–2021 but has since been removed from HoSE’s trading list. The inability to fulfill audited financial reporting obligations remains the primary obstacle for FLC to resume trading or relist.
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