DHG Pharmaceutical Joint Stock Company announced Board Resolution dated March 21, 2014 with main details as follows:
Article 1: The Board of Directors approved to organize the annual general meeting of shareholders 2014:
Meeting date: 8:00, April 28, 2014
Meeting venue: Meeting Hall of DHG Pharma Factory, Tan Phu Industrial Park, Chau Thanh A District, Hau Giang Province.
Contents:
- Report on activities of the Board of Directors.
- Report on activities of the Board of Supervisors.
- The audited consolidated financial statements.
- Approval for the 2013, 2014 profit distribution.
- Amending the Articles of Association.
- Electing another member to the Board of Directors and another member to the Supervisory Board in the term from 2013 to 2017
- Choosing an auditing firm.
- Other relating issues.
Article 2: The plan of issuing shares to increase charter capital, which will be submitted to the 2014 AGM:
- Name of stock: Stock of DHG Pharmaceutical Joint Stock Company
- Stock type: common stock
- Par value: VND10,000/share
- Total number of issued shares: 65,376,429 shares
- Number of outstanding shares: 65,366,299 shares
- Treasury stock volume: 10,130 shares
- Issue volume expected: 21,788,766 shares
- Total value issue: 217,887,660,000 dongs
- Issue ratio: 3:1
- Finance resource: investment & development fund
- Plan to deal with fractional shares:
The distributed shares will be rounded down. The fractional shares will be kept in investment & development fund.
Article 3: The plan for the 2013 profit distribution, which will be submitted to the 2014 AGM:
|
|
Distribution ratio in 2013 |
Amount |
|
Profit after tax of parent company |
|
607,926,796,204 |
|
The 2013 dividend |
Plan: 25% par value (cash dividend)
proposing: 30% par value (cash dividend) |
228,782,046,500 |
|
Paid for the first phase of 2013 cash dividend |
15% par value |
98,049,448,500 |
|
Pay for the second phase of 2013 cash dividend ( after issuing share) |
15% par value |
130,732,598,000 |
|
Bonus and welfare fund |
Plan: 10%
proposing: 12% |
72,951,215,544 |
|
Approval for remuneration of the Board of Directors, the Board of Supervisors |
|
5,000,000,000 |
|
Bonus fund of the Board of Directors, the Board of Supervisors |
5% consolidated profit after tax |
5,151,898,356 |
|
Investment & development fund |
|
296,041,635,804 |
Article 4: The BOD approved activities plan for 2014
Article 5: The BOD approved business plan for 2014 – 2018
|
(VND Billion) |
2014 |
2015 |
2016 |
2017 |
2018 |
|
Total revenue |
3,880 |
4,420 |
5,216 |
6,199 |
7,400 |
|
Revenue from DHG products |
3,457 |
3,833 |
4,426 |
5,060 |
5,597 |
|
Other income |
423 |
587 |
790 |
1,139 |
1,803 |
|
Increasing revenue |
10% |
14% |
18% |
19% |
19% |
|
Profit before tax |
686 |
729 |
835 |
992 |
1,184 |
|
Increasing profit before tax |
6% |
6% |
14% |
19% |
19% |
|
Ratio profit before tax / Net revenue |
17.68% |
17% |
16% |
16% |
16% |
