Viet Nam Petroleum Transport Joint Stock Company (“VIPCO”) announced the board resolution dated October 04, 2013 as follows:
Article 1: About the transfer of capital contributed in Nam Hai
Dinh Vu Port Joint Stock Company.
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The Board of Directors approved the transfer of all
12,000,000 shares or VND120 billion in Nam Hai Dinh Vu Port JSC to Gemadept
Corporation at VND10,000/share. The transfer will be divided into two stages:
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Stage 1: in November 2013, finish the transfer of 4,000,000
shares, equivalent to VND40 billion.
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Stage 2: until the end of Quarter 1/2014, finish the
transfer of 8,000,000 shares, equivalent to VND80 billion.
Article 2: About the company restructuring plan:
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The Board of Directors approved to temporarily stop the
transform of VIPCO Crew Co., Ltd. into a branch – center.
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Mr. Ngo Quang Trung – a member of the Board of Directors,
Deputy CEO, continues to complete a plan to transform VIPCO Real Estate Co.,
Ltd.
Article 3: About the organization of staff:
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Because in the process of restructuring, to match with the
provisions of the VIPCO’s Charter, the Board of Directors approved the charters
of VIPCO Crew Co., Ltd. and VIPCO Real Estate Co., Ltd.
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Cancel the appointment of Mr. Vu Quang Khanh as Chairman of
VIPCO Hai Phong Co., Ltd. from September 17, 2013 because of merger.
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Cancel the appointment of Ms. Vu Thi Thu Huong as a
supervisor of VIPCO Hai Phong Co., Ltd. from September 17, 2013 because of
merger.
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Cancel the appointment of Mr. Mai The Cung as a
representative for VIPCO’s capital, as a member of the Board of Supervisors of VP
Petrochemical Transport JSC.
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Agree to sign a labor agreement to hire Mr. Vu Van Thai as
Diretor of VIPCO Crew Co., Ltd. in three months as from October 01, 2013.
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Assign Mr. Pham Van Vinh, a member of the Board of
Directors, CEO, to choose and propose to the Board to consider and elect
supervisors in VIPCO Ha Long, VIPCO Crew and VIPCO Real Estate.
