Ninh Van Bay Real Estate Joint Stock Company (Ninh Van Bay) has announced resolution of the 2012 annual shareholders’ meeting:
Article 1: Approving of the 2011 business
report and the 2012 plan.
Article 2: Approving of the 2011 business
results and the 2012 plan:
-
The 2011 business results:
Unit: dongs
+
Total consolidated
revenue: 175,427,182,286
+
Consolidated profit
before tax: -86,998,337,507
+
Consolidated profit
after tax: -90,008,409,922
+
Interest of the
parent company’s shareholders: -77,156,393,810
+
Dividend: -1,275
+
Short-term assets: 208,826,279,429
+
Long-term assets: 1,302,424,586,147
+
Total assets: 1,511,250,865,575
+
Liabilities: 597,614,251,130
+
Owners’ equity: 663,433,635,289
+
Minority interest: 250,202,979,156
+
Total resource: 1,511,250,865,575
-
The 2012 plan:
+
Total 2012 consolidated revenue: 190 bil. dongs,
consolidated profit before tax: 6.4 bil. dongs and consolidated profit after
tax: 3.2 bil. dongs.
-
Finishing the Emeralda Ninh Binh Project and putting it in to
service; continuing the construction of Six Sense Saigon River Project and
putting it in to service; and beginning Lac Viet New Tourist City Project &
Emeralda Hoi An Project.
Article 3: Approving of the 2011 control report.
Article 4: Approving of the compensation at 700 mil.
dong in 2012 for the BOD & the Supervisory Board.
Article 5: Approving of the 11th change of
the company’s business license about its head office.
Article 6: Approving of the change of the company’s
regulation about its head office.
Article 7: Approving of the audited firm chosen in
2012.
Article 8: Mobilized 2,000 bil. dongs to supplement
its capital under the Law by private placements, investment co-operation
contracts and others. Assigning the BOD to make plans.
-
By investment co-operation contracts, bonds and loan
contracts: the maximum interest is equal to long-term and mid-term interest
fixed by a bank adding to 4%. With the contracts under foreign currency, the
maximum interest is not over 8%.
-
By private placements, the BOD should choose objects that
have experiment in properties, finance and investment.
Article 9: The resolution is valid as from 25 Apr.
2012.
