On March 29, 2022, the Ministry of Public Security issued a decision to prosecute the case against Mr. Trinh Van Quyet, Chairman of the Board of Directors (BOD) of FLC Group. Regarding the case, FLC Group has sent a letter to shareholders, partners and customers.
In the letter, FLC said: “The case is related to Mr. Trinh Van Quyet personally conducting securities trading transactions recently and is still in the process of initial investigation, with no official conclusion. Mr. Trinh Van Quyet has been and continues to coordinate with relevant authorities in the process of investigating and clarifying related issues.
For clarity, FLC Group is not an entity involved and/or has activities related to this case. Accordingly, the incident completely does not affect or change the important orientations of FLC in production, investment, business activities as well as sustainable development in the coming time. At the same time, it also does not affect the legitimate rights and interests of customers, shareholders as well as partners having transactions and cooperation with the Group.
Immediately after receiving the information, in order to limit any risks that may arise and ensure the regular operation of the Group, Mr. Trinh Van Quyet authorized Ms. Vu Dang Hai Yen, Deputy General Director of the Group. FLC team. Accordingly, Ms. Vu Dang Hai Yen will represent and represent Mr. Trinh Van Quyet to perform the duties and rights of the Chairman of the Board of Directors of FLC Group Joint Stock Company – Chairman of the Board of Directors of Tre Viet Aviation Joint Stock Company; as well as all shareholder rights in these two enterprises in accordance with the law and the company’s charter. At the same time, Mr. Trinh Van Quyet also authorized Ms. Vu Dang Hai Yen to have all rights related to the properties and property rights owned by Mr. Trinh Van Quyet.
Besides this decision, the Board of Directors of FLC also had a meeting and quickly came up with measures and plans to ensure that FLC’s business activities run stably in the new situation, in accordance with the objectives and plans. set by the Board of Directors and the Board of Directors.
With the above change, the Board of Directors of FLC Group would like to send our most sincere apologies to our Shareholders, Partners and Customers and look forward to continuing to receive the support and trust that Shareholders, Dear Partners, Customers in the coming time.“
By Business and Marketing
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