MEC: Results of Annual General Meeting of Shareholders 2009

Song Da Someco JSC has disclosed the results of its Annual General Meeting of Shareholders held on 22/04/2009. The following resolutions were approved:

1. Report of Opearting result of 2008 and plan in 2009

•       2008:

- Product: VND 302.41 billion

- Revenue: VND 344.95 billion

- Profit before tax: VND 17.04 billion

- Payable to the state: VND 16.77 billion

- Ratio of profit after tax/ Charter Capital: 42.6%

- Average income: VND 3.331 million

- Investment: VND 12.65 billion

•        Plan in 2009

- Product: VND 345.646 billion

- Revenue: VND 342.440 billion

- Profit before tax: VND 17.285 billion

- Payable to the state: VND 18.184 billion

- Ratio of profit after tax/ Charter Capital: 24.7%

- Dividend payment rate: 15%

- Average income: VND 3.65 million

- Investment: VND 70.724 billion

2. Audited financial statement 2008; select auditor

- Total assets: VND 353.066 billion

- Total Resources: VND 353.066 billion

3. Profit distribution plan 2008:

- Profit of 2008:

+ Profit before tax: VND 17,036,374,638

+ Uncontributory Profit: VND 321,839,977

+ Contributory profit: VND 16,714,534,661

+ Income tax payable: VND 4,680,069,704

•  Set up fund

+ Investment and development fund: VND 6,491,888,819

+ Financial reserve fund: VND 734,816,989

+ Reward fund: VND 734,816,989

+ Welfare fund: VND 734,816,989

•  Dividend payment:

+ Profit use for dividend payment: VND 6,000,000,000

+ Charter Capital: VND 40,000,000,000

+ Dividend payment rate: 15%

4. Change in plan of 5 years (2006-2010) and development strategy to 2015

5. Reprot of the Board of Directors, Report of Supervisory Board

6. Plan to increase Charter Capital, depository and listing shares on HASTC

- Old Charter Capital: VND 40 billion

- New Charter Capital: VND 70 billion

- Purpose: Use for Operating and investment plan

- Method:  Issue for shareholders with the rate 4:3 with price is same par value

- Expected time: QIII/ 2009

7. Change in Company’s charter

8. Remuneration for the Board of Directors and Supervisory Board

•  2008: VND 540,000,000

+ Chair of the Board: VND 300,000,000

+ Diretor: VND144,000,000

+ Chief of Supervisory Board: VND 36,000,000

+ All Members of Supervisory Board: VND 60,000,000

•  2009:

+ Chair of the Board: VND 10,000,000/ month

+ Director: VND 6,000,000/ month

+ Cheif of Supervisory Board: VND 6,000,000

+ Member of Supervisory Board: VND 4,000,000/ month

9. Change in BOD

- Mr. Nguyen Dinh Thien has resigned from member of Supervisory Board

- Mr. Vu Duc Quang has been appointed representative in place Mr. Nguyen Van Thang. Mr. Vu Duc Quang  will also be Chief of Supervisory Board

- Mr. Vu Duc Quang and Ms. Pham Thi Canh have been appointed member of Supervisory Board.

hastc

>   HASTC Notice: Admission in principle of additional listing of MCO (11/05/2009)

>   LUT: Change in time for dividend payment (11/05/2009)

>   LBE: Results of Annual General Meeting of Shareholders 2009 (11/05/2009)

>   LBE: Results of Annual General Meeting of Shareholders 2009 (11/05/2009)

>   ICG: Notice of record date for Dividend payment (11/05/2009)

>   VDL: Notice of record date for Dividend payment (20/5/09) (11/05/2009)

>   HEV: Notice of transaction of principal shareholder (11/05/2009)

>   TKU: Explanation for difference in FS 2008 before and after auditing (11/05/2009)

>   HBE: Change in time for transfer of share purchase rights (11/05/2009)

>   SD5: Notice of record date for Dividend payment (19/5/09) (11/05/2009)