|
PGS: Board Resolution
Petrovietnam Southern Gas JSC announces the Board Resolution approved on 12/3/2010 as follows:
1. Approval of documents to be submitted to AGM 2010 as follow:
- Time of the AGM: 8,30 am, 21/4/2010 at Rex Hotel, 141 Nguyen Hue Street, District 1, HCM City
- Audited financial statement of 2009
- Proposal for adjustment of dividend payout ratio of 2009 from 12% to 19% and expected Profit distribution plan for 2010.
- Proposal for bonus plan to the BOD and BOM
- Proposal for salary for BOD and Supervisory Board in 2010
- Selection of auditing company in 2010
- Assignment of Directors.
- General Manager’s report on operating results of 2009 and operating plan of 2010
- Report of BOD on 2009
- Report on Supervisory Board in 2009
2. Approval of profit distribution plan of 2009 and 2010. Plan for charter capital increase from VND 67,2 bil to VND 125 bil of CNG Vietnam JSC according to the proposal of representative of PGS in CNG Vietnam JSC as follow:
- 2009:
+ Dividend payout ratio: 5% of charter capital
+ Appropriation for financial provision fund: 5% of profit after tax
+ Appropriation for bonus and welfare fund: VND 1,34 bil
+ Appropriation for bonus to BOM: VND 200 mil
- 2010:
+ Dividend payout ratio: 12% of charter capital
+ Appropriation for financial provision fund: 5% of profit after tax
+ Appropriation for investment development fund: 10% of profit after tax
+ Appropriation for bonus and welfare fund: 10% of profit after tax
+ Appropriation for bonus to BOM: VND 200 mil
- Charter capital increase of CNG Vietnam JSC: From VND 67,2 bil to VND 125 bil.
3. Profit distribution plan of 2009 and 2010 of PV Gas D according to the proposal of representative of PGS in PV Gas D, as follow:
- 2009:
+ Approval of auditted financial statements of 2009
+ Appropriation for financial provision fund: 5% of profit after tax
+ Appropriation for investment development fund: 46,34%
+ Appropriation for bonus and welfare fund: Total salary of 3 months
+ Dividend payout ratio of 2009: 40%/ par value
+ Bonus to BOD and BOM: No more than VND 300 mil
- 2010:
+ Appropriation for financial provision fund: 5% of profit after tax
+ Appropriation for investment development fund: 5% of profit after tax
+ Appropriation for bonus and welfare fund: No more than total salary of 3 months in case of profit/charter capital ratio is greater than planned.
+ Dividend payout ratio of 2010: 20%/ par value
+ Bonus to BOD and BOM: No more than VND 300 mil.
hnx
|
