Ninh Van Bay Real Estate Joint Stock Company (Ninh Van Bay) has announced the resolution of the 2012 annual general meeting as follows:
Article 1: Approving of the 2011
operation report and 2012 plan.
Article 2: Management Board reported the
2011 business results and the 2012 plan:
-
The 2011 business results:
Unit: dongs
+
Consolidated revenue: 175,427,182,286
+
Consolidated profit before tax: (86,998,337,507)
+
Consolidated profit after tax: (90,008,409,922)
+
Profit after tax of the parent company's shareholders: (77,156,393,810)
+
EPS (dongs/share): (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
+
Owner’s capital: 663,433,635,289
+
Minority interest: 250,202,979,156
+
Total equity: 1,511,250,865,575
-
The 2012 plan:
+Consolidated
revenue & profit: total revenue in 2012 is expected at 190 bil. dongs,
consolidated profit before tax is expected at 6.4 bil. dongs and consolidated
profit after tax is at 3.2 bil. dongs.
+Investment plan:
finishing and putting the Emeralda Ninh Binh Project into service; continuing
the Six Sense Saigon Project; investing into Lac Viet New Tourist
City, Emeralda Hoi An.
Article 3: Approving of the 2011 operation report of
the Supervisory Board.
Article 4: Approving of the 2012 compensation for the
BOD and the Supervisory Board at 700 mil. dongs.
Article 5: Approving of the change of the head
office’s address and its business licence.
Article 6: Approving of the company’s regulation
change about its address change.
Article 7: Assigning the BOD to choose the audited
firm.
Article 8: Mobilizing 2,000 bil. dongs of capital
under private placement, capital cooperation and others. Authorizing the BOD to
make a plan of issue method, issue price and procedure.
-
Under the capital cooperation, bonds or loans: the maximum interest is equal to bank loan
interest in mid & long term added 4%. In case the issue is under foreign
currencies, the interest has to be fewer than 8%.
-
Under private placement: the objects reached experience in
properties, finance and investment business.
Article 9: The resolution is valid as from 25 Apr.
2012.
