HCMC bourse leaders complicit in real estate tycoon’s $144 mln fraud: prosecutors
Former Ho Chi Minh Stock Exchange (HoSE) chairman Tran Dac Sinh and subordinates enabled former FLC Group chairman Trinh Van Quyet misappropriate VND3.6 trillion ($144.3 million) from investors, prosecutors said Tuesday.
Society - Wed, April 10, 2024 | 4:25 pm
Ministry of Public Security rejects rumors on Sacombank chairman’s exit ban
Vietnam’s Ministry of Public Security has rejected rumors that chairman of Ho Chi Minh City-based Sacombank Duong Cong Minh has been banned from leaving the country which led to the dumping of the bank’s shares on Tuesday.
Companies - Tue, April 2, 2024 | 6:17 pm
State Securities Commission official turns blind eye to FLC chairman’s violations for fear of job loss
State Securities Commission (SSC) official Le Cong Dien has admitted he spotted multiple problems while checking the capacity profile of Faros Construction JSC - a member of FLC Group - but did not dare to reject its listing application as he was afraid his job could be affected.
Society - Wed, February 28, 2024 | 8:13 am
HCMC bourse leaders complicit with FLC chairman appropriating $146 mln
Former chairman of the Ho Chi Minh City Stock Exchange (HoSE) Tran Dac Sinh and three other officials helped then chairman of real estate developer FLC Group Trinh Van Quyet to list shares on the bourse, appropriating VND3.6 trillion ($146 million) from investors.
Society - Sun, February 25, 2024 | 7:47 pm
Seven officials accused of helping former FLC chairman manipulate stock market
Seven officials have been accused of assisting Trinh Van Quyet, former chairman of real estate developer FLC Group, in manipulating stocks, said the Ministry of Public Security’s investigation agency (C01) on Saturday.
Society - Sat, February 24, 2024 | 8:43 pm
Vietnam gov’t urges six agencies to help Bamboo Airways stay afloat
Deputy Prime Minister Le Minh Khai has asked six government agencies to support Bamboo Airways to overcome its hardships and successfully restructure its operations.
Companies - Mon, December 25, 2023 | 7:31 pm
Former FLC Group chairman faces trial for stock market manipulation, asset appropriation
Investigators of the Ministry of Public Security proposed Saturday that Trinh Van Quyet, former chairman of real estate developer FLC Group, be prosecuted for stock market manipulation and asset appropriation.
Society - Sat, October 28, 2023 | 7:35 pm
15 under house arrest as stock manipulation probe expands
The Ministry of Public Security's investigative agency placed 15 people under house arrest Friday for suspected involvement in the stock market manipulation scam related to former FLC Group chairman Trinh Van Quyet.
Society - Fri, June 23, 2023 | 10:03 pm
New investor to take over Bamboo Airways
Bamboo Airways, a subsidiary of Vietnamese private firm FLC, has found a new investor to replace former FLC chairman Trinh Van Quyet and other shareholders, according to CEO Nguyen Manh Quan.
Companies - Mon, March 20, 2023 | 2:58 pm
FLC shares suspended from trading on unlisted public company market
The Hanoi Stock Exchange (HNX) on Friday approved the registration of FLC Group on the unlisted public company market (UPCoM), but included it on a list suspended from trading.
Finance - Sat, February 25, 2023 | 11:25 am
12-year journey of FLC 'empire'
FLC of FLC Group JSC, one of the stocks bringing the most emotions to investors, has officially closed its 12-year journey in the Vietnamese stock market.
Companies - Wed, February 15, 2023 | 11:16 pm
BIDV seizes luxurious Rolls-Royce of ex FLC chairman to offset debts
BIDV bank announced Saturday it had seized the golden plated Rolls-Royce Ghost of Trinh Van Quyet, former chairman of FLC Group, to offset the debts that subsidiary FLC Faros owes the bank.
Companies - Sat, September 10, 2022 | 3:50 pm
Former FLC chairman investigated for fraudulent appropriation of assets
Former chairman of FLC Group Trinh Van Quyet and his two sisters are being investigated over alleged fraudulent appropriation of assets on the local bourse.
Economy - Thu, August 25, 2022 | 10:38 pm
FLC investment projects aborted en masse after arrest of group chairman
Many provinces in Vietnam have terminated FLC Group's investment projects over delays after the arrest of its former chairman Trinh Van Quyet for alleged stock market manipulation.
Real Estate - Sun, August 7, 2022 | 8:31 am
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