Cat Loi Joint Stock Company announced the resolution of the Board of Directors dated October 22, 2012 as follows:
Article
1: The Board of
Directors approved the report on profit and loss in Quarter 3/2012:
-
Total
revenue: 313,544 million dongs
-
Budget
payable: 16,492 million dongs
(VAT and Corporate income tax)
-
Profit
before tax: 12,115 million dongs
-
Selling
quantity:
+
Tobacco
smoke filler (converted to 90mm): 2,719 million filters
+
Print
label: 432 million sheets
+
Wax-paper:
355 tons
Article
2: The Board of
Directors approved the business plan for Quarter 4/2012:
-
Total
revenue: 330,000 million dongs
-
Budget
payable: 15,000 million dongs
-
(VAT and Corporate income tax)
-
Profit
before tax: 15,000 million dongs
-
Selling
quality:
+
Tobacco
smoke filler (converted to 90mm): 2,700 million filters
+
Print
label: 470 million sheets
+
Wax-paper:
400 tons
Article
3: The Board of
Directors approved the business plan for 2012:
-
Total
revenue: 1,335,600 million dongs
-
Budget
payable: 67,000 million dongs
-
(VAT and Corporate income tax)
-
Profit
before tax: 45,000 million dongs
-
Selling
quality:
+
Tobacco
smoke filler (converted to 90mm): 11,500 million filters
+
Print
label: 2,050 million sheets
+
Wax-paper:
1,600 tons
Article 4: The Board of Directors approved market
expenses for 2013: 4,200,000,000 dongs
-
Market
works: 700,000,000 dongs
-
Publications
introduce the company 50,000,000 dongs
-
Souvenirs,
promotional gifts: 200,000,000
dongs
-
Public
relation expense 600,000,000 dongs
-
Customer
conferences, seminars 2,500,000,000
dongs
-
New
Year Calendar: 150,000,000 dongs
Article
5: The Board of
Directors approved to pay for the 2012 dividend
-
Dividend
pay-out ratio: 10%/ of chapter
capital (VND1,000/ share)
-
Purpose for the payment
for 2011 dividend in cash
-
Record
date: November 20, 2012
-
Payment
date: December
20, 2012
Article
6: The Board of
Directors approved to amending
the financial regulation
Article
7: The Board of
Directors approved to amending
the internal spending
regulations
Article
8: The Board of
Directors approved to change form of accounting
from 2013: ledger from January 01, 2013.
Article
9: The Board of
Directors approved to settle 8-color wax printer
-
Name
of project: investing in 01 8-color wax printer new 100%, speed 250m/minutes
-
Total
project: VND21,581,509,186
-
Execution
time: June, 2012
-
Implement:
VND18,018,492,690 dongs
Article
10: The Board of
Directors approved to report on research new products
Article
11: The Board of
Directors approved to report on risk consulting
Article 12: This resolution took effect on October
22, 2012.
