Licogi 16.6 Joint Stock Company (HNX: LCS) has disclosed the results of its Annual General Meeting of Shareholders held on 02/04/2011.The following resolutions were approved:
Unit: VND mil.
|
No. |
Items |
Plan 2011 |
|
1 |
Production |
761,819 |
|
2 |
Revenue |
611,080 |
|
3 |
Profit before tax |
26,945 |
|
4 |
Profit after tax |
20,645 |
|
5 |
Charter capital |
80,000 |
|
6 |
Dividend payment |
20% |
Investment Plan in 2011:
Unit: VND mil.
|
No. |
Items |
Plan 2011 |
|
1 |
Construction plant |
6,000 |
|
2 |
Office equipment |
250 |
|
3 |
Investment into light brick factory |
25,500 |
|
4 |
Investment into real estate projects |
30,000 |
|
5 |
Other investment |
5,000 |
|
|
Total |
66,750 |
3. Approving the Audited Financial Statement 2010:
4. Approving Report of Supervisory Board.
5. Approving Setting up Funds and Dividend payment in 2010 and plan in 2011:
Unit: VND
|
No. |
Items. |
2010 |
|
1 |
Profit before tax |
14,381,790,406 |
|
2 |
Income tax |
1,941,750,840 |
|
3 |
Profit after tax |
12,440,039,566 |
|
4 |
Setting up Funds |
2,488,007,913 |
|
|
- Investment and Development Fund 10% |
|
|
|
- Financial Reserve Fund 5% |
|
|
|
- Bonus and Welfare Fund 5% |
|
|
5 |
Profit after setting up Fund |
9,952,031,653 |
- Dividend payment 2010 in cash:
- Exercise rate: 20% of charter capital (Shareholders will receive VND 2,000 for every share they own.
- Outstanding shares: 4,100,000 shares
- Total dividend payment: VND 8,200,000,000
- Retained earnings transefered to 2011: VND 1,779,331,505
- Exercise date for dividend payment: April 2011.
- Dividend payment plan in 2011: 20% of par value.
6. Approving amendment in Company’s charter
7. Approving remuneration for the Board of Directors and Supervisory in 2010 and plan in 2011:
- Remuneration for the BOD: VND 204,000,000
- Remuneration for Supervisory Board: VND 84,000,000
- Remuneration for the BOD’s Secretary: VND 12,000,000
Plan in 2011:
- Remuneration for the BOD and Supervisory Board is the same as in 2010.
- Premium bonus for the BOD and Supervisory Board with 10% of extra plan profit.
- The BOD is authorized to decide specific remuneration for each member in the BOD and Supervisory.
8. The BOD is authorized to select auditor for Financial Statement 2011.
hnx
