Vinaship Joint Stock Company announced the resolution of the 2012 annual general meeting dated June 18, 2012:
Article 1: AGM approved reports of the Board of Directors, the Supervisory Board and the Senior Management in 2011.
Article 2: AGM approved report on the audited financial statements in 2011, profit and loss in
2011, investment and profit distribution:
-
Profit and loss in 2011:
+
Products was 2,450,000 tons,
attaining 111.36% of plan
+
Total income was
1,024,777,413,701, attaining 111.38% of plan
+
Profit before tax was
35,800,685,892, attaining 102.28% of plan
+
Investing in fleet development: Selling 03 ships and buying 01
ship
-
The 2011 profit distribution, fund
distribution:
+
Profit after tax: 32,342,062,604
dongs
+
Investment & development fund (10%): 3,234,206,260
dongs
+
Financial reserve fund (5%): 1,617,103,130
dongs
+
Bonus and welfare fund (5%): 1,617,103,130
dongs
+
Fund for the
Board of Directors according to AGM 2011 (2% of profit after tax and 3% of
the exceeded profit): 670,861,828 dongs
+
Dividend: the company has not paid dividends, AGM authorized
the Board of Directors to decide
dividend.
Article 3: AGM approved to amend the articles of association.
Article 4: AGM approved business, investment and
development plan for 2012:
-
Business plan:
+
Products: 2,250,000 tons
-
Total revenue: 890,000,000,000 dongs, in which:
+
Revenue from transports: 760,000,000,000
dongs
+
Other income: 130,000,000,000 dongs
+
Profit before tax: balance income and expenditure
-
Investment & development:
+
The company will consider to build one new 34,000 DWT (PR08) ship
and one or two 17,500 DWT ships at Pha Rung Shipyard Company Ltd.
+
The company will sell three or four old ships (Ha Tien, Ha Dong, Ha Nam, Binh
Phuoc).
Article 5: AGM approved fund distribution, profit distribution (if any) and remuneration of the
Board of Directors, the Board of Supervisors in 2012:
-
The 2012 fund distribution:
+
Investment & development fund: 10%
+
Financial reserve fund: 5%
+
Bonus and welfare fund: 5%
+
Fund for the Board of Directors: temporarily not set up
-
Remuneration of the Board of Directors, the Board of
Supervisors in 2012:
+
Chairman of the BOD: 5
million dongs
+
Deputy Chairman of the BOD: 4
million dongs
+
A member of the BOD: 3
million dongs
+
Head of the Board of Supervisors: 2
million dongs
+
A member of the Board of Supervisors and secretaries of the Board of
Directors: 1 million dongs
Article 6: AGM approved plan for increasing charter
capital and listing additional shares on HOSE. AGM authorized the Board of
Directors to choose issuance date in 2012:
-
Current charter capital: 200 billion dongs
-
Number of shares were issued additionally: 10,000,000 shares
-
Stock type: Common Stock
-
Issue method :
issuing to the existing shareholders of
10,000,000 shares
-
Total value (basing on par value): 100 billion dongs
-
Charter capital after issuing: 300 billion dongs
Article 7: AGM approved to elect members to the Board of Directors and the Supervisory Board in the
term from 2012 to 2017:
-
The Board of Directors: 07 members
+
Mr. Do Van Hoi
+
Mr. Cao Minh Tuan
+
Mr. Mai Xuan Ngoat
+
Mr. Vuong Ngoc Son
+
Mr. Nguyen Quang Duy
+
Mr. Duong Ngoc Tu
+
Mr. Pham Van Toan
-
The Supervisory Board: 03 members
+
Mr. To Hanh
+
Mr. Dinh Huy Dung
+
Ms. Tran Thi Kim Lan
Article 8: AGM authorized the Board of Directors to
choose an auditing firm for 2012 in 04
firms: (Deloitte Viet Nam,
AASC, ASC, AVA).
