|
FPT: Resolution of the Board of Directors
On March 16, 2010, the Board of Directors of FPT Corporation unanimously adopted the following contents:
Article 1: Plan to distribute the 2009 profit:
- Paying dividend in cash for the year 2009: 25%/ par value (VND2,500.share) was made by two payments in the year.
- The remaining profit will be used to pay dividend in stock to the existing shareholders at a ratio of 3:1 (Each shareholders owning every 03 old shares will receive 01 new share), before June 30, 2010. All new shares will be listed after the payment.
Article 2: Plan to issue and list bonus shares from capital surplus and undistributed profit to the existing shareholders:
- Issuing and listing bonus shares at a ratio of 4:1 (Each shareholders owning every 04 existing shares after the dividend payment will receive 01 new share).
- Time of implementation: Not later than December 31, 2010.
- Authorizing the Board of Directors to decide an appropriate time or delay the bonus issue in 2010 in order to ensure shareholders’ interest.
Article 3: Plan to pay dividend in cash for 2010 and submitting the plan to the 2010 Annual General Meeting for approval:
- Cash dividend for 2010: Not less than VND1,500/share (15%/par value)
- Total of dividend payments in advance will not over VND1,500/share above.
- The cash dividend rate for the whole year 2010 will be decided by the 2011 Annual General Meeting.
Article 4: Members of the Board of Directors, the Board of Supervisors, the Directorate of FPT Corporation and other relating individuals, organizations are responsible to implement this resolution. Articles in Resolution No.01.03-2010/NQ-FPT-HDQT against this resolution are not effective any longer.
hose
|
