FLC: Decision on continued trading restriction and Notice on stock status

Decision on continued trading restriction
On July 20, 2025, Hanoi Stock Exchange announced Decision No. 1268/QD-SGDHN putting the FLC stock of FLC Group JSC under trading restriction as follow:
- Issuer: FLC Group JSC
- Securities type: common stock
- Stock code: FLC
- Base of review: The reviewed semi-annual financial statements for 2025;
- Reason: The company submitted the reviewed semi-annual financial statements for 2025 more than 45 days after the regulatory deadline for information disclosure;
- Other reason: The company failed to convene the Annual General Meeting of Shareholders for the two most recent fiscal years within the maximum timeframe from the end of the fiscal year, as stipulated in Clause 2, Article 139 of the Law on Enterprises;
- Trading time: The shares are only allowed to be traded on Fridays of each week starting from the date they are removed from suspended trading status;
- Applicable law(s): Points b and h, Clause 1, Article 33 of the Regulation on Registration and Management of Unlisted Securities Trading, issued together with Decision No. 23/QD-HDTV dated April 18, 2025, by the Members’ Council of the Vietnam Exchange.
- Within 15 days from the date the shares are subject to trading restrictions as prescribed in Article 1 of this Decision, FLC Group Joint Stock Company must submit a written explanation to the Hanoi Stock Exchange, clarifying the reasons and proposing a corrective plan.
- This Decision replaces Decision No. 824/QD-SGDHN dated July 10, 2025, of the Hanoi Stock Exchange regarding the continuation of trading restrictions on FLC shares.
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Notice of stock status
On July 20, 2025, HNX announces the status of FLC Group JSC’s shares (stock code: FLC) as follows:
Trading restriction under Decision No. 1268/QD-SGDHN dated October 20, 2025, due to:
The Company failed to submit the reviewed semi-annual financial statements for 2025 within 45 days after the regulatory disclosure deadline; The Company did not convene the Annual General Meeting of Shareholders for the two most recent fiscal years within the maximum time limit from the end of the financial year, as stipulated in Clause 2, Article 139 of the Law on Enterprises; This case falls under the category of securities subject to trading restriction as prescribed in Points b and h, Clause 1, Article 33 of the Regulation on Registration and Management of Unlisted Securities Trading, issued with Decision No. 23/QD-HDTV dated April 18, 2025, by the Members’ Council of the Vietnam Exchange. Trading schedule: The shares are only allowed to be traded on Fridays of each week, starting from the date the shares are removed from suspended trading status.

- Trading suspension under Decision No. 570/QD-SGDHN dated May 23, 2025, due to:
The Company failed to implement corrective measures to address the cause of the trading restriction, as stipulated in Point d, Clause 1, Article 46 of the Law on Securities;
The Company is subject to mandatory delisting due to serious violations of information disclosure obligations, and other cases deemed necessary for delisting by the Stock Exchange or the State Securities Commission to protect investors’ interests, as prescribed in Point o, Clause 1, Article 120 of Decree No. 155/2020/ND-CP dated December 31, 2020, detailing the implementation of certain provisions of the Law on Securities; This case falls under the category of securities subject to trading suspension under Points e and đ, Clause 1, Article 35 of the Regulation on Registration and Management of Unlisted Securities Trading.