FLC Announces Post-Second Extraordinary Shareholders’ Meeting Roadshow in South Korea

In March 2026, FLC Group will officially host a large-scale Roadshow in South Korea. This event is not only a trade and tourism promotion activity but also marks a new step in the Group’s strategy to expand its international market presence.

The event is expected to attract hundreds of investors, businesses, financial funds, and trade-tourism promotion organizations from both countries. At the Roadshow, FLC will introduce its ecosystem, including real estate, resorts, golf courses, and aviation, offering a comprehensive overview of the cooperation potential of Vietnamese enterprises in the international market.

The choice of South Korea is considered a strategic move, as this market consistently ranks among the top international visitors to Vietnam, particularly with a growing demand for golf, luxury resorts, and tourism combined with investment.

This event in South Korea continues the series of successful international Roadshows FLC has organized in the United States, Germany, Japan, and Singapore.

Previously, on November 11, FLC Group held its second extraordinary shareholders’ meeting.

At the meeting, FLC’s leadership reported the business results for the first nine months of the year, with real estate revenue reaching nearly VND 1.8 trillion, and cash flow from customers totaling VND 654 billion.

FLC’s leadership stated that real estate remains the Group’s core business, with over 50 projects under development and research across 11 provinces and cities nationwide, focusing on Hanoi, Quang Ninh, Thanh Hoa, Quang Tri, and Gia Lai.

Notable projects include Hausman Premium Residences within the FLC Premier Parc urban area, which received a construction permit in March 2025, launched sales in June, and is expected to be handed over six months ahead of schedule. Additionally, the FLC Quang Binh Hotel & Villas project, with a capacity of 433 rooms, is being accelerated for inauguration in 2026.

As of September 2025, FLC has handed over 2,301 out of 3,173 units in key projects and completed land title procedures for many customers.

Alongside investment and project development activities, FLC is also intensifying research and development of social housing projects in line with government policies, focusing on Hanoi, Quang Ninh, and other localities.

Financially, FLC reported tax payments and budget contributions of nearly VND 276 billion and aims to complete all remaining tax obligations by the second quarter of 2026. This is a top priority for the management in the restructuring process.

The Group is also enhancing investment cooperation, mergers, and acquisitions (M&A) with projects that have clear legal frameworks and high potential but limited resources, thereby improving capital efficiency and ensuring timely project handovers to customers.

In addition to real estate, the hotel and tourism sector recorded a total revenue of VND 441 billion in the first nine months of the year. Moving forward, the company will strengthen international cooperation through promotional programs in South Korea and China, targeting revenue of nearly VND 700 billion in 2025.

For the 2025–2026 period, FLC plans to focus resources on projects with complete legal frameworks and high liquidity, such as FLC Tropical Ha Long, FLC Quy Nhon, FLC Quang Tri, FLC Lavista Sadec, and FLC Hilltop Gia Lai. Simultaneously, the Group will promote the development of social housing projects in Hanoi, Quang Ninh, and other localities, aiming for green urban models with synchronized infrastructure and reasonable pricing, contributing to social welfare. Real estate sales for 2025–2026 are estimated to reach nearly VND 4 trillion.

Financial restructuring efforts will continue, focusing on optimizing cash flow, balancing capital, revaluing assets, and expanding credit limits to reduce debt pressure, maintain stable liquidity, and enhance capital mobilization capabilities. The restructuring process will be implemented alongside organizational streamlining, improved management efficiency, and increased internal transparency.

Additionally, the FLC Shareholders’ Meeting approved the resignation of Board of Directors members Mr. Le Ba Nguyen, Mr. Nguyen Chi Cong, and Mr. Do Manh Hung, as per their individual resignation letters.

The Supervisory Board also saw changes with the resignation of Mr. Nguyen Xuan Hoa as a member.

Three new Board of Directors members were elected, including Mr. Trinh Van Nam, Ms. Do Thi Hai Yen, and Ms. Phung Thi Thu Thao. The new Supervisory Board member is Ms. Tran Thi Doan. None of these individuals hold FLC shares.

Thus, the new FLC Board of Directors will consist of five members: Mr. Vu Anh Tuan – Chairman, and members Mr. Nguyen Thanh Tung, Mr. Trinh Van Nam, Ms. Do Thi Hai Yen, and Ms. Phung Thi Thu Thao. The new Supervisory Board will include three members: Mr. Bui Pham Minh Diep, Ms. Tran Thi My Dung, and Ms. Tran Thi Doan.