Cuchi Commercial And Industrial Developing Investment Joint Stock Company (Cidico) announced the resolution of the Board of Directors on December 07, 2013
Article 1: The Board of
Directors approved report on contribution in Hocmon
Food Joint Stock Company (*)
-
Project name: Hocmon Food Joint Stock Company
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Address: Xuan Thoi Thuong Commune, Hoc Mon District, HCM City
-
Charter capital: VND90,000,000,000
-
Total Investment: VND273,385,764,315
-
Construction time: 03 years; Project life cycle: 50 years
-
Cuchi Commercial And Industrial Developing Investment
Joint Stock Company contributed 20% of
charter capital: VND18,000,000,000 (04 phases)
+
Quarter 1/2014: VND1.8 billion
+
Quarter 2/2014: VND5.4 billion
+
Quarter 3/2014: VND5.4 billion
+
Quarter 4/2014: VND5.4 billion
Article 2: The Board of Directors approved to elect Mr. Nguyen
Van Tam, Deputy Chairman of the BOD, Deputy CEO as Representative fund of
Cidico and member of the BOD at Hocmon Food Joint Stock Company.
Article 3: The Board of Directors approved:
-
Mr. Le Van Tu, Right head of Administrative
Departmentwas
appointed as Administrative Department as from January 01, 2014.
-
Ms. Pham Tra My Hanh, Accounting staff appointed as Deputy
Accounting Department as from January 01, 2014.
Article 4: The Board of Directors approved to increase wage
coefficient and remuneration of the Board of Directors:
-
Wage coefficient: From VND2,750,000/ coefficient to
VND2,900,000/ coefficient
-
Remuneration of the Board of Directors: From VND3,000,000/
coefficient to VND4,000,000/ coefficient
-
Wage coefficient of Head of the Supervisory Board: from 2.0
to 2.2
-
Effective date: January 01, 2014.
Article 5: The Board of Directors approved to set up No 13 Petroleum
Business Store in 02 Huong Lo 2 Street, Xom Moi Hamlet, Trung Lap Commune , Cu
Chi district, HCM
City.
(*)Temporary
translation
