|
PAN: Resolution of AGM 2015 PAN Pacific Corporation announced the resolution of the 2015 annual general meetingas follows:
Article 1: AGM approved the audited financial statements; Business result and profit distribution plan for 2014.
1) AGM approved the audited financial statements (consolidated and parent company)
By: dongs
|
No.
|
|
The audited consolidated financial statements
|
The audited financial statements of parent company
|
|
1
|
Total assets
|
2,253,204,205,392
|
1,161,689,073,748
|
|
2
|
Net revenue
|
1,121,777,324,124
|
11,864,697,892
|
|
3
|
Profit before tax
|
182,748,450,193
|
71,868,605,053
|
|
4
|
Profit after tax
|
159,503,743,654
|
70,732,362,661
|
|
5
|
Profit after tax of parent company’s shareholder
|
100,274,078,710
|
70,732,362,661
|
2) AGM approved profit distribution in 2014:
- Dividend pay-out ratio: 10%/ par value (VND1,000/ share)
- Remuneration of the Board of Directors, the Board of Supervisors: 1,000,000,000 dongs.
- Investment & Development fund & Financial reserve fund: 0 dongs.
- Welfare fund of parent company: 3,536,618,133 dongs
- Bonus fund of the Senior management for exceeding profit target:
3) AGM approved the report of the Board of Supervisors and the Board of Directors in 2014.
Article 2: AGM approved business plan for 2015 and profit distribution plan for 2015:
1) Business plan for 2015:
- Revenue from service supply & selling: 2,530 billion dongs
- Consolidated profit before tax: 280 billion dongs
- Consolidated profit after tax: 250 billion dongs
- Profit after tax of parent company’s shareholder: 150 billion dongs
2) Profit distribution plan:
- Dividend: 10%/ par value
- Remuneration of the Board of Directors, the Board of Supervisors: 3 billion dongs.
- Bonus & welfare fund: 5% of profit
Article 3: Choosing an auditing firm for fiscal year 2015 in 4 auditing firm: (Deloitte, E&Y, PWC, KPMG).
Article 4: AGM approved to contribute into PAN Food
AGM approved to increase charter capital of PAN Food from VND100,000,000,000 to VND1,000,000,000,000 in May 2015.
PAN contributes by cash: VND576,320,803,597
PAN contributes by stock:
- 3,391,757 LAF shares (VND33,968,446,355)
- 7,272,655 ABT shares (VND289,710,750,048)
Amending the PAN Foods’s regulation
Article 5: AGM approved issue stock to existing shareholders:
- Stock type: common stock
- Par value: VND10,000/share
- Estimated offering volume: 16,628,749 shares
- Total value offering: 166,287,490,000 dongs
- Estimated offering price: VND10,000/share.
- Issue ratio: 5:1 (Each shareholder will receive one right for each share held. For every 05 rights, they will be entitled to purchase 01new shares.)
- Transfer restriction: the new shares will be transfer 01 time.
- Implement date: in 2015.
Article 6: AGM approved the Employee Stock Ownership Plan (ESOP):
- Stock type: common stock
- Par value: VND10,000/share
- Transfer restriction: the new shares will be transfer within 01 year from the finish date of this offering.
- Estimated offering volume: 1,000,000 shares
- Total value offering: 10,000,000,000 dongs
- Implement date: in 2015.
Article 7: AGM approved to amend the company’s regulation
Change of company’s name:
New name: The PAN Group JSC
New short name: The Pan Group
Article 8: This resolution takes effect from April 24, 2015. HOSE
|
