National Seed Joint Stock Company announced the resolution of the Board of Directors on April 06, 2012 as follows:
The Board of Directors approved the report on profit and loss in Quarter 1/2012 and business plan for Quarter II/2012.
The Board of Directors approved to pay for the second 2011 cash dividend to the existing shareholders: 20%
Payment date: expected in May, 2012.
The Board of Directors approved to authorize the Chairman, CEO to choose a consulting firm for issuingbonus shares to the existing shareholders.
Issuing date: expected in Quarter IV/2012.
The Board of Directors approved to authorize the Chairman, CEO to continue fulfill procedures of ESOP 2011.
· The Board of Directors approved investment & construction plans in Quarter II/2012:
+ Fulfilling procedures of renting land in Ha Nam.
+ Choosing a consulting design company for Dong Van project.
+ Finishing the repair of office in Research Center in Ba Vi.
The Board of Directors approved to choose Deloitte auditing firm for fiscal year 2012.
The Board of Directors approved to assign works in the Board of Directors:
The Board of Directors established 03 subcommittees:
· Science and Technology subcommittee:
- Mr. Tran Dinh Long: Head of personnel subcommittee
- Ms. Nguyen Thi Binh: Member
- Mr. Do Ba Vong: Member
- Investment subcommittee
- Ms. Le Thi Le Hang - Head of investment subcommittee
- Mr. Pham Ngoc Ly: Member
- Mr. Nguyen Khac Hai: Member
· Administrator subcommittee:
- Mr. Nguyen Khac Hai - Head of administrator subcommittee
- Ms. Nguyen Thi Binh – Member
- Mr. Pham Ngoc Ly – Member
- Ms. Tram Kim Lien – Chairman of the BOD is in charge general of subcommittees.
- The Board of Directors approved to elect 03 deputy CEO:
- Mr. Pham Ngoc Ly: Deputy CEO
- Mr. Do Ba Vong: Deputy CEO
- Mr. Nguyen Hai Tho: Deputy CEO and the authorized information disclosure staff.
- The Board of Directors approved to remuneration of the Board of Directors, the Board of Supervisors in 2012: 10,000,000 dongs/ person/month
- The Board of Directors supply annual shareholders’ meeting by email.
- The administrator subcommittees fulfill wage regulations and consult bonus regulations.
