Phuong Nam Cultural Joint Stock Corporation announced the resolution of Annual General Meeting 2013 dated April 26, 2013 as follows:
Article
1: AGM approved the
financial statements report in 2012 with targets as follows:
-
Net
revenue: VND325,115,708,828
-
Gross
profit: VND116,047,054,487
-
Total
profit after tax: -VND16,875,325,666
Article
2: AGM approved the
business plan for 2013:
-
Profit
before tax: VND15,000,000,000
-
Dividend: 8%
Article
3: AGM approved the
investment list submitted the Meeting with total investment of 2013: VND29,030
billion.
Article
4: AGM approved to
elect Ms. Phan Thi Le, Chairman of the BOD as legal representative.
Article 5: AGM approved to choose one of five
companies in the list of independent auditing companies below:
-
Grant
Thornton Viet Nam
-
AFC
-
DTL
-
Deloitte
Viet Nam
-
Ernst
& Young Viet Nam.
Article 6: AGM approved the remuneration of
the Board of Directors and the Board of Supervisors and the Senior management
in 2013:
-
Remuneration
of the CEO: 105,000,000 dongs/month
-
Remuneration
of Chairman of the BOD: VND50,000,000/person/month
-
Remuneration
of member Board of Directors: VND5,000,000/person/month
-
Head
of the Board of Supervisors: VND5,000,000/person/month
-
Member
of the Board of Supervisors: VND3,000,000/person/month
-
Bonus
fund of the Board of Directors:
+
1%
of profit after tax if completed plans
+
1%
of profit after tax and 10% of the exceeded profit.
Article
7: AGM approved to
continues private placement
Article
8: This resolution
takes effect from April 26, 2013
