Tuong An Vegetable Oil Joint Stock Company has announced the resolution of Annual General Meeting 2012 as follows:
Article 1: Approving the profit and loss,
profit, dividend in 2012
-
Sales:
145,000
tons
-
Revenue:
VND4,350
billion
-
Profit
after tax: VND50
billion
-
Dividend: 16%
-
Bonus fund for exceeding profit target: 5% of the exceeded
profit after tax to the BOD, the Management Board and the Supervisory Board
after distributed to funds and paid 16% dividend.
Article
2: Approving the
plan of profit distribution, funds and dividend for 2011:
-
Profit
before tax: VND28,571,778,276
-
Business
income tax – current: -VND3,221,067,114
-
Business
income tax – deferred: -VND118,820,457
-
Profit
after tax: VND25,231,890,705
-
Distribution
to funds:
-
Investment
& development fund (10%): VND2,523,189,071
-
Reserve
fund supplementing charter capital (5%):
VND1,261,594,535
-
Bonus
& welfare fund (5%): VND1,261,594,535
-
Retained
earnings of 2010: VND25,775,208,284
-
Total
retained earnings for payment dividend: VND45,960,720,848
-
Dividend
16%: VND30,368,320,000
-
Retained
earnings after paying dividend: VND15,592,400,848
-
Dividend
for 2011: 16% in cash
-
Objects:
according the list recorded on date March 28, 2012
-
Payment
date: May 11, 2012.
Article
3: Approving the
remuneration for the Board of Directors, the Board of Supervisors paid in 2011
and the plan pay in 2012:
-
Total
remuneration paid of the Board of Directors in 2011: VND348 million
-
BOD
Chairman: VND6 million/month
-
Member: VND4 million/month
-
Secretary: VND3 million/month
-
Secretary
assistant: VND2 million/month
-
Total
remuneration for the Board of
Supervisors in 2011:
-
Head:
VND4
million/month
-
Member: VND2 million/month/person
-
Plan
of remuneration for the BOD and the BOS in 2012:
-
The
BOD:
-
BOD
Chairman: VND6 million/month
-
Member: VND4 million/month
-
Secretary: VND3 million/month
-
Secretary
assistant: VND2 million/month
-
Total
remuneration for the Board of Supervisors in 2011:
-
Head:
VND4
million/month
-
Member: VND2 million/month/person
Article
4: Approving the
list of auditing firms in 2012:
-
DTL
Auditing Company
-
Deloitte
-
A&C
-
Assigning
the BOD to decide the choosing an auditing firm for the fiscal 2012.
Article
5: Approving the
profit and loss, reports the audited financial statements, reports of the Board
of Supervisors and the reports of the Board of Directors in 2011.
-
Some
main targets in 2011:
+
Sales: 137,548
tons
+
Revenue:
VND4,432,339,425,146
+
Profit
before tax: VND28,571,778,276
+
Profit
after tax: VND25,231,890,705
Article
6: Approving the
re-appointment Mr. Ha Binh Son as CEO Rights in term 03 years as from January
01, 2012.
Article
7: Amending the
company’s regulation
Article
8: Approving the
appointment member of the BOD and the BOS in term 2012-2017
-
Member
of the BOD in term 2012-2017:
+
Mr.
Truong Huynh Bich
+
Mr.
Nguyen Hung Cuong
+
Mr.
Ha Binh Son
+
Mr.
Duong Anh Tuan
+
Mr.
Van Tich Vinh
-
Members
of the BOS:
+
Mr.
Nguyen Dinh Ngan
+
Mr.
Ho Minh Son
+
Mr.
Nguyen Duc Thuyet
Article
9: This resolution
took effect from April 27, 2012.
