On November 13, 2012, Da Nang Contruction Building Materials Vicem Joint Stock Company (COXIVA) sent the board resolution dated October 18, 2012 with main contents as follows:
Article 1: The Board of Directors approved reports
on business performance in the first nine months of 2012 and plan for Quarter
IV/2012.
-
Cement business: 85,000 tons
-
Consumption of building materials:
+
QTC baked brick: 9,900,000 bricks
+
Cement packing bags: 7,900,000 bags
-
Profit before tax: VND1.4 billion.
Article 2: The Board of Directors passed the
following decisions:
-
To approve the provisional settlement value of Cam Ranh
Cement Project until August 18, 2011: VND523,116,736,195, including VAT of 10%.
-
To finish the relocation of Bac My An Cement Warehouse to Hoa
Chau Warehouse.
Article 3: The Board of Directors approved to wind
up Ninh Thuan Branch, effective January 01, 2013.
