Thu Duc Water Supply Joint Stock Company announced the resolution of the 2012 Annual General Meeting on April 18, 2012:
1. Reports of the BOD in 2011:
-
Profit
and loss in 2011:
+
Supply
water: 39,999 million m3 or 100.05% of the plan
+
Revenue
from water: 305,668 billion dongs or 99.93%
+
Construction
of new water meter: 12,549 pieces or 133.33%
+
To
replace water meter: 10,957 pieces or 109.57%
+
Rate
of households using clean water: 81.56%, increasing 0.06%
+
Network
development water supply: 83,427m or 100%
+
To
repair pipe: 14,401m or 100%
-
Financial
operations result:
+
Total
revenue: VND327,380 billion, or 101.33%
+
Profit
before tax: VND24.87 billion or 101.76%
2. Business plan for 2012:
-
Business
targets:
+
Supply
water: 40,500 million m3
+
Revenue
from water: 336,474 billion
+
Construction
of new water meter: 12,000 pieces
+
To
replace water meter: 11,020 pieces
+
Rate
of households using clean water: 83.08%
+
Network
development water supply: 68,450m
+
To
repair pipe: 14,775m
+
Main
targets
+
Total
revenue: VND354.10 billion
+
Profit
before tax: VND25.14 billion
+
Dividend
rate: 12%/charter capital
+
Wage
fund of the employees: VND37,314 billion
+
Average
income: VND9.51 million/person/month
+
Approved
the reports of the Board of Directors in term I and the plan for term II
+
Approved
the reports of the Board of Supervisors in 2011, term I and the plan for term
II.
+
Approved
the financial statements and the plan 2011 profit distribution.
-
Financial
statements including:
+
Total
assets: VND333,330,850,169
+
Liabilities:
VND214,766,607,041
+
Owner’s
equity: VND118,564,243,128
+
Total
resources: VND333,330,850,169
+
Total
revenue: VND327,380,370,903
+
Profit
before tax: VND24,870,710,363
+
Profit
after tax: VND21,084,111,843
-
The
plan 2011 profit distribution and dividend:
+
Profit
distribution: VND17,705,016,144
-
Distributed
to:
+
Financial
reserve fund (10%): VND1,770,501,614
+
Bonus
fund (7%): VND1,239,351,130
+
Welfare
fund (10%): VND1,770,501,614
+
Bonus
to the Board Management (2%): VND354,100,323.
+
Investment
& development fund: VND4,002,672,509
+
Dividend
57.61%: VND10,200,000,000
+
Rate
of dividend/charter capital: 12%
+
Record
date: May 08, 2012
+
Exercise
ratio: 12% (01 share will be receive VND1,200)
+
Payment
date: May 22, 2012
+
Trading
method: in cash
-
Remuneration
for the Board of Directors, the Board of Supervisors and Secretary in 2011 and
the plan 2012.
-
Total
remuneration for the Board of Directors, the Board of Supervisors and Secretary
in 2011: VND28,000,000
-
Year
2012:
+
BOD
Chairman: VND3,500,000/person/month
+
Member
of the Board of Directors: VND3,000,000/person/month
+
Head
of the Board of Supervisors: VND2,500,000/person/month
+
Member
of the Board of Supervisors: VND1,500,000/person/month
+
Secretary
of the Board of Directors: VND1,500,000/person/month
+
Amending
the company’s regulation
+
Authorized
the BOD ca choosing an auditing firm for audit financial statements in 2012.
+
Appointment
of the Board of Directors, the Board of Supervisors in term II:
+
Members
of the Board of Directors: 06 persons
+
Members
of the Board of Supervisors: 03 persons
-
In
term II:
+
The
Board of Directors:
+
Mr.
Nguyen Xuna Cau
+
Mr.
Huynh Tuan Anh
+
Mr.
Nguyen Hoai Nam
+
Mr.
Nguyen Van Du
+
Mr.
Nguyen Vite Cuong
+
Mr.
Trinh Tuan Minh
+
The
Board of Supervisors:
+
Mr.
Hoang Thanh Binh
+
Mr.
Quach Trong Luong
+
Hoang
Ngoc Lam
3. Personnel of the Board of Directors, the
Board of Supervisors, the Board Management and Chief Accountant.
-
The
Board of Directors:
+
Mr.
Huynh Tuan Anh: BOD Chairman
+
Mr.
Nguyen Xuan Cau: member
+
Mr.
Nguyen Hoai Nam:
member
+
Mr.
Nguyen Van Du: member
+
Mr.
Nguyen Viet Cuong: member
+
Mr.
Trinh Tuan Minh: member
-
The
Board of Supervisors:
+
Mr.
Hoang Ngoc Lam: Head
+
Mr.
Quach Trong Luong: member
+
Mr.
Hoang Thanh Binh
-
The
Board Management, Chief Accountant:
+
Mr.
Nguyen Xuan Cau: a member of the Board of Directors cum Director
+
Mr.
Nguyen Hoai Nam:
a member of the Board of Directors cum Deputy Director
+
Ms.
Nguyen Thi Nhoc Hanh: Chief Accountant.
-
This
resolution takes effect from April 18, 2012.
