Mr. Trinh Van Quyet appears at the extraordinary GMS, ambitious to bring FLC back to its position

Lục Giang |

The appearance of Mr. Trinh Van Quyet at the extraordinary General Meeting of Shareholders attracted great attention from shareholders in the context that FLC is implementing a comprehensive restructuring plan.

Mr. Trinh Van Quyet is not named in the list of candidates for the Board of Directors of FLC

On the morning of May 27, FLC Group held the Extraordinary General Meeting of Shareholders in 2026 at The West building, No. 256 Cau Giay, Hanoi.

Present at the General Meeting, Mr. Trinh Van Quyet expressed his expectation that shareholders will continue to accompany the enterprise in the coming period to gradually bring FLC back to its inherent position in the industry.

This is one of the rare times Mr. Trinh Van Quyet has reappeared at an important business event after a period of many fluctuations in the FLC ecosystem.

In the discussion section, many questions related to personnel and the role of Mr. Trinh Van Quyet continued to be of interest to shareholders.

Many shareholders raised the question of why at the end of 2025 FLC held a general meeting and elected the Board of Directors and the Supervisory Board, but this time continued to re-elect. Some shareholders also directly asked about the possibility of Mr. Trinh Van Quyet returning to the FLC Board of Directors as well as when FLC shares could be traded again.

Answering this content, a representative of FLC said that Mr. Trinh Van Quyet is the founder of the group, playing a major role in the policies and development orientations of the FLC ecosystem.

Whether Mr. Quyet returns or at what time will return will depend on Mr. Quyet personally and requires the participation and approval of the General Meeting of Shareholders," said a representative of FLC.

Notably, in documents issued to shareholders, the list of members of the Board of Directors for the 2026-2030 term includes 5 people but does not include the name of former Chairman of FLC's Board of Directors Trinh Van Quyet.

The list of candidates includes Mr. Vu Anh Tuan, Mr. Nguyen Thanh Tung, Mr. Trinh Van Nam, Ms. Do Thi Hai Yen and Ms. Phung Thi Thu Thao. The resumes of these candidates have not been announced.

FLC wants to implement more than 50 projects in 11 provinces and cities

According to the report at the congress, 2025 is assessed by FLC as a period of focusing on comprehensive restructuring, consolidating the operating platform and gradually restoring business operations in the direction of "safety, efficiency and sustainability".

In the context of the real estate and resort tourism market still facing many difficulties, the group said it has prioritized financial restructuring, optimized cash flow, handled legal backlogs and focused resources on key projects.

The Group is also promoting the implementation of projects such as FLC Premier Parc, FLC Tropical Ha Long, FLC Quang Tri, FLC Hausman and FLC Hilltop Gia Lai.

Some projects have also been updated with new progress. In which, FLC Hausman has met the conditions to open for sale from June 2025 and is expected to be handed over in the third quarter of 2026. FLC Grand Hotel Quang Binh has restarted construction from the end of 2025 and is expected to operate at the end of 2026.

In the resort tourism segment, FLC said it will continue to exploit the resort - aviation - golf ecosystem model, while promoting attracting international visitors from Korea, China, India and many other Asian markets. The Group also mentioned continuing to coordinate with Bamboo Airways in the process of restructuring aviation operations.

The 2026 plan shows that FLC continues to set great ambitions in the real estate sector when stating that it is researching and implementing more than 50 projects in 11 provinces and cities across the country.

In addition to existing projects, businesses are also studying to expand land funds in many localities such as Ho Chi Minh City, Khanh Hoa, Bac Ninh, Ha Tinh, Can Tho, Dak Lak and Lao Cai.

Notably, FLC also submitted to shareholders a policy allowing enterprises to implement many asset handling and restructuring plans such as divestment, sale, transfer, transfer, debt assignment, swap, share splitting, merger or restructuring of investments in companies, subsidiaries, affiliated companies and projects.

Lục Giang
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