Petrovietnam Drilling and Well Services Joint Stock Company announced the resolution of the 2012 annual general meeting dated May 12, 2012:
Article 1: AGM approved report
of the Board of Directors in 2011 and operation plan of the Board of
Directors for 2012.
Article 2: AGM approved business
result in 2011 and business plan for 2012:
o
Business result in 2011: (after
audited)
-
Income was 9,211 billion dongs
-
Profit before tax was 1,229
billion dongs
-
Profit after tax was 1,067 billion
dongs
1.2 Business plan for 2012:
-
Income was 10,100 billion dongs
-
Profit before tax was 1,314
billion dongs
-
Profit after tax was 1,150 billion
dongs
Article 3: AGM approved profit distribution in 2011 and profit
distribution and financial plan for 2012:
3.1 Payment for the 2011 dividend in cash: 15%
of charter capital.
3.2 Dividend plan for 2012:
-
AGM authorized the Board of
Directors to decide.
3.3. Financial plan for 2012:
-
Issuing 400 billion par value to
shareholders and strategic shareholders
Article 4: AGM approved report
of the Board of Supervisors in 2011 and operation plan of the Board of
Supervisors for 2012.
Article 5: AGM approved to amend
the company’s regulation.
Article 6: AGM approved
remuneration of the Board of Directors, the Board of Supervisors in 2012:
+ Chairman of the Board of Directors and Head of the Board of
Supervisors will be received wages according to statutory regulation.
+ A Member of the Director Board who concurrently will be received 5,000,000 dongs/members/ month.
+ A Member of the Supervisory Board who concurrently will be received 3,000,000 dongs/members/ month.
Article 7: AGM approved to choose an auditing firm for fiscal year 2012 in 04 auditing firm:
(Ernst & Young Viet Nam, KPMG, Deloitte Viet Nam, Price Waterhouse Coopers Viet
Nam).
Article 8: AGM approved to elect
another member to the Board of Directors and another member to the Supervisory
Board in the term from 2012 to 2014:
-
Ms. Nguyen Thi Thuy – a member of
the Supervisory Board
-
Ms. Pham Bao Ngoc - a member of
the Supervisory Board
-
Mr. Nguyen Van Tu - a member of
the Supervisory Board
-
AGM approved the
resignation of Mr. Trinh Thanh Binh - a Member of fund representative of PVN from the position of a
member of the BOD.
-
AGM approved Mr. Tran Van Hoat – Deputy CEO and a Member of fund representative at PVN
was appointed as a member of the BOD.
