Sai Gon Cable Corporation announced the resolution of the Board of Directors dated March 27, 2012 as follows:
Article 1: The BOD approved the profit and loss in 2011
with some main targets as follows:
-
Profit
and loss in 2011:
+
Revenue:
VND277,177 million
+
Profit
before tax: VND12,418 million
+
Profit
after tax: VND10,291 million
+
Plan
for dividend and profit distribution in 2011.
-
Remuneration
for the Board of Directors, the Board of Supervisors, the company’s Secretary
and wage fund in 2011:
+
Remuneration
for the BOD, BOS and the company’s Secretary: VND594,000,000
+
Wage
fund in 2011: VND8,191,800,000 (not include personal income tax)
Article 2: Business plan for 2012:
-
Revenue:
VND400 billion
-
In
which:
|
No
|
Plan
|
Expected value (million dongs)
|
|
1
|
Telecommunication cable
|
50,000
|
|
2
|
Electrical cable
|
80,000
|
|
3
|
Copper conductor
|
270,000
|
|
|
Total
|
400,000
|
-
Profit
before tax: VND30 billion
-
Dividend
for 2012: 12 %
Article 3: The BOD approved the plan to hold the 2012
Annual General Meeting.
Article 4: This resolution takes effect from March 27,
2012.
