FLC Faros Construction JSC (ROS) has recently announced changes to its business registration. Specifically, the company’s chartered capital has increased from VND 5.676 trillion to VND 6.076 trillion, marking a significant rise of VND 400 billion. The entire capital contribution is sourced from private investors.
The registration change was issued on January 10, 2026. Currently, Ms. Pham Tu Anh (born in 1993) serves as the Chairwoman of FLC Faros. Appointed in December 2025, she has held multiple managerial positions within the FLC ecosystem and is the spouse of Mr. Trinh Van Nam, who recently joined the FLC Group’s Board of Directors.
Previously, on June 26, 2025, the Hanoi High People’s Court handed down an appellate judgment for Mr. Trinh Van Quyet, former Chairman of FLC. His sentence was significantly reduced from 18 years to 7 years in prison for “Fraud to Appropriate Assets,” along with a fine of VND 4 billion and a restitution order of over VND 680 billion for stock manipulation. The total financial obligation of Mr. Quyet and his family amounted to over VND 1.7 trillion, which has been fully paid.
In connection with this case, as of the date ROS shares were delisted (September 5, 2022), 63,075 investors held over 567 million ROS shares (excluding defendants). Among them, more than 27,800 individuals have filed claims for compensation.
The court identified 133 individuals who purchased ROS shares during the initial public offering as direct victims, eligible for compensation of VND 7,215 per share. Other investors who can prove share ownership at the time of the incident will receive VND 5,466 per share, totaling over VND 1.783 trillion in compensation.
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