1. Operating Results of 2011 and Profit Distribution:
|
Items |
Unit |
Realized in 2011 |
|
Transportation Output |
Ton |
691,830 |
|
Revenue |
VND |
197,923,569,062 |
|
Profit before tax |
VND |
573,809,682 |
|
Profit after tax |
VND |
400,246,097 |
|
Setting up funds |
|
|
|
- Investment and Development fund (10%) |
VND |
40,024,610 |
|
- Finance reserve fund (5% ) |
VND |
20,012,304 |
|
- Bonus and welfare fund (6%) |
VND |
24,014,765 |
|
- Other expenses for operating of the BOD |
VND |
102,000,000 |
|
Retained earnings |
VND |
214,194,418 |
|
Dividend payment 2011 |
% |
0 |
2. Operating Plan and Dividend payment plan in 2012:
|
Items |
Unit |
Plan 2012 |
|
Transportation Output |
Ton |
610,000 |
|
Total revenue |
VND |
170,000,000,000 |
|
Profit before tax |
VND |
1,500,000,000 |
|
Profit after tax |
VND |
1,125,000,000 |
|
Setting up funds |
|
|
|
- Investment and Development fund |
10% of profit after tax |
112,500,000 |
|
- Finance reserve fund |
5% profit after tax |
56,250,000 |
|
- Bonus and welfare fund |
6% of profit after tax |
67,500,000 |
|
Investment in ship |
|
USD 2-3million |
|
Sell Transco Sun |
|
|
3. Reports of the BOD and Supervisory Board
4. Approving the issue shares to increase charter capital from VND60billion to VND102billion:<>
- Total number of shares to be offered: 4,200,000 shares
- Total value of shares to be offered: VND 42,000,000,000
- Expected exercise time: from June 2012.
4.1. The plan of issue shares:
- Stock type: Common stock
- Subject of the issue: outstanding shareholders
- Exercise rate: 10:5.
- Number of shares to be offered: 3,000,000 shares
- Issue price: VND 10,000 – 11,000 per share
4.2. Plan of bonus share issue:
- Stock type: Common stock
- Subject of the issue: outstanding shareholders
- Exercise rate: 10:2
- Number of shares to be offered: 1,200,000 shares
5. The BOD is authorized to select the auditor for Financial Statement in 2012 from following list:
- Auditing and Accounting Financial Consultancy Services Company Limited – AASC
- Deloitte Vietnam Company Limited
6. Mr. Le Tat Hung – Chair of the Board also holds Manager Position.
7. Remuneration and Expenses for the BOD and Supervisory in 2012:
- Members of the BOD: VND1,500,000/person/month
- Members of Supervisory Board: VND1,000,000/person/month
- Secretaries: VND500,000/person/month
The Board of Director, Supervisory Board and Management Board are responsible for carrying out these tasks.
