ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print

Large shareholder in Vietnam's Bamboo Airways to be delisted

Property group FLC penalized for disclosure violation following founder's arrest

Vietnamese property conglomerate FLC Group partially owns Bamboo Airways, the country's third-largest airline.   © Reuters

HANOI -- FLC Group, a large shareholder in Bamboo Airways, will be delisted from Vietnam's main stock market effective Monday for violating disclosure requirements.

The Ho Chi Minh Stock Exchange said it will delist FLC, a young conglomerate whose portfolio is mostly in real estate. The decision affects around 710 million shares, held by about 80,000 investors as of last July.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more