Sao Vang Rubber Joint Stock Company announced the board resolution dated March 25, 2013 as follows:
Article
1: The Board of
Directors approved contents:
1.
The
audited financial statements in 2012:
2.
Business
result in February in 2013:
-
Production in
industrial: 13.9 billion dongs
-
Net revenue :
51.5 billion dongs
-
Profit before
tax : 5 billion dongs
-
Salary fund (8%
of revenue): 4.1 billion dongs
3.
Expected
in business result in Quarter 1 in 2013:
-
Production in
industrial: 80.1 billion dongs
-
Net revenue :
218 billion dongs
-
Profit before
tax : 18 billion
dongs
-
Salary fund (8%
of revenue): 17 billion dongs
4.
The
Board of Directors approved reports in the 2013 Annual General Meeting (AGM
2013):
-
Contents of AGM
2013;
-
The audited
financial statements in 2012;
-
Report of the Board
of Directors;
-
Report of the
CEO on profit and loss in 2012, and business plan for 2013;
-
Remuneration of
the Board of Directors, the Board of Supervisors in 2012 and payment plan 2013;
-
The 2012 profit
distribution and dividend, plan for dividend and profit distribution in 2013.
-
Amending the
Articles of Association.
5.
Business
plan in 2013:
-
Production in
industrial: 375 billion dongs
-
Net revenue :
1,286 billion dongs
-
Profit before
tax : 65 billion
dongs
-
Dividend : 15% of Chapter capital
6.
The
Board of Directors approved to invest and product in tires
7.
The
Board of Directors approved salary plan
8.
Electing
Mr. Le Van Cuong, Chairman of the BOD as authorized
representative of Sao Vang Rubber Joint Stock Company
in Phillips Carbon Black Viet Nam Joint Stock Company.
Article
2: The resolution is valid as from March 25, 2013.
