|
DXP: Notice of annual general meeting of shareholders 2011
Doan Xa Port Joint Stock Company (HNX: DXP) has disclosed the annual general meeting of shareholders 2011. The following resolutions were approved:
1. Operation results 2010 and operation plan 2011
- Operation results 2010:
+ Output: 4,400,000 tons
+ Total revenue: VND 194,739,707,325
+ Profit (Loss) before tax: VND 81,984,232,388
- Operation plan 2011:
+ Output: 4,000,000 tons
+ Total revenue: VND 150,000,000,000
+ Profit (Loss) before tax: VND 52,000,000,000
+ Dividend payment: 30% of current charter capital (78.75 billions)
2. Audited financial statement 2010
3. Report of the Supervisory Board on the company’s management in 2010
4. Profit distribution plan and dividend payment 2010
- Profit (Loss) before tax: VND 81,984,232,388
- Profit (Loss) after tax: VND 73,602,531,648
- Retained earning: VND 4,966,100,227
- Profit after tax for undistributed: VND 78,568,631,875
- Profit distribution:
+ Bonus Fund: VND 3,500,000,000
+ Welfare fund: VND 1,500,000,000
+ Executive Board bonus Fund: VND 500,000,000
+ Investment & Development Fund: VND 34,000,000,000
+ Dividend payment (5% in cash): VND 28,875,000,000
- First dividend payment with exercise rate of 35% was in December/2010: VND 18,375,000,000
- Second dividend payment with exercise rate of 20%: VND 10,500,000,000; Expected exercise date: May/2011
+ Retained earning: VND 10,193,631,875
5. Approving plan of bonus share issue for outstanding shares with exercise rate of 2: 1 was 31/12/2010 from Investment & Development Fund.
+ Increasing charter capital from VND 52,500,000,000 to VND 78,750,000,000
+ The odd shares and shares unsold will be determined by the Board of Directors
+ Registering Depository of shares of seasoned issue is at Vietnam Securities Depository and listing shares of seasoned issue on HNX.
+ The Board of Directors is authorized to make procedures related to the seasoned issue.
6. Investment in 2011
- To Invest in capital construction
- To invest in production equipment
- Expected Expenditure of new plant and equipment is VND 25 billions
7. Admendment of the company’s charter
8. List of Auditor
+ Viet Nam Deloitte Ltd, Company
+ Branch in Ha Noi: BDO Company Ltd
+ IFC-ACA Group
+ AASCN
+ Branch in Hai Phong: IFC-ACA Group
9. Remuneration of Board of Directors 2011 and Supervisory Board is 2% of profit before tax.
hnx
|
