HNX

Monday, 16/07/2012 10:45

BVN: Results of General Meeting of Shareholders 2012

Vietnam Cotton JSC has disclosed the results of its General Meeting of Shareholders. The following resolutions were approved:

 

  1. Operating result 2011:

- Revenue: VND 433,198,348,326

- Profit before tax: VND 23,693,705,014

- Profit after tax: VND 18,717,007,874

- Dividend payment: 20%

- Averages income: VND 6,366,000

  1. Profit distribution 2011

- Bonus 5% of amount which over profit after tax of plan for the BOD, Supervisory board and Management board: VND 373,350,394

- Development and investment fund: VND 1,871,700,787

- Financial reserve: VND 1,871,700,787

- Bonus for the BOD, Supervisory board and Management board: VND 562,500,000

- Reward and welfare fund: VND 1,479,360,630

- Dividend payment: 20% (VND 10,000,000,000)

- Retained earning: VND 2,540,395,276

  1. Operating plan 2012:

- Revenue: VND 386,000,000,000

- Profit before tax: VND 17,700,000,000

- Profit after tax: VND 14,300,000,000

- Development fund: VND 1,430,000,000

<P STYLE='TEXT-ALIGN: JUSTIFY; LINE-HEIGHT: 19PT; MARGIN: 0PT 0PT 0PT 36PT; MSO-LINE-HEIGHT-RULE: EXACTLY' class=MsoNormal>- Financial reserve: VND 1,430,000,000

- Bonus for the BOD, Supervisory board, Management board: 715,000,000

- Reward and welfare fund: VND 1,144,000,000

- Dividend payment: 20%

- Payment for Chair of the board: VND 5,000,000

- Payment for Director: VND 3,000,000

- Payment for Chief of Supervisory board: VND 3,000,000

- Payment for member of Supervisory board: VND 2,000,000

  1. Select an auditor for fiscal 2012: Auditing and Accounting Consultancy service Co., LTD
  2. Chair of the board also holds General Manager position
  3. The BOD in 2012 – 2016 period:

- Mr. Tran Anh Hao

- Mr. Tran Thanh Hung

- Mr. Vu Xuan Long

- Mr. Ho Dang Phu

- Mr. Nguyen Huu Thanh

  1. Supervisory board in 2012 – 2016 period:

- Ms. Vu Thi Thuy Duong

- Mr. Le Xuan Hoa

- Ms. Bui Thi Dieu Huong

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>   SEL: Explanation for difference in financial statement Year 2011 before and after auditing (16/07/2012)

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