Vietnam Container Shipping Joint Stock Company (VICONSHIP) announced the resolution of the Annual General meeting 2014 on March 21, 2014:
Article
1: The
2013 profit distribution plan and business result in 2013:
-
Profit after tax: VND240,460,994,911
-
Corporate tax exemption: VND9,314,619,820 (transferred
to the investment & development fund).
-
Remaining profit: VND231,146,375,091,
expected to be distributed as follows:
·
Financial provision: VND4,774,148,000
·
Cash dividend (15%): VND42,969,075,000
·
(15% paid with the record date 08/28/2013).
·
Bonus & welfare fund (10%): VND23,114,637,509
·
Allowance & bonus for the Board of
Directors and the Board of Supervisors (0.7%): VND1,615,000,000.
·
Cash dividend (5%): VND14,323,025,000
(expected in Quarter 2/2014).
·
Stock dividend (20%): VND57,292,100,000
·
The remaining amount (VND87,058,389,582) will
be transferred to the investment & development fund.
Article
2: Business plan
& profit distribution plan for 2014:
-
Revenue: VND785 billion
-
Profit before tax: VND240 billion
-
Profit after tax: VND187.5billion, expected
to be distributed as follows:
·
Financial provision: VND5,729,210,000
·
Bonus & welfare fund (10%): VND18.75
billion
·
Allowance & bonus for the Board of Directors
and the Board of Supervisors (0.7%): VND1,312 billion
·
Dividend: 20% - 30% of charter capital or
VND69 billion – VND103 billion
·
The remaining amount will be transferred to
the investment & development fund: VND58billion.
Article
3:
Allowance and bonus for the Board of Directors and the Board of Supervisors:
The allowance and bonus for
the Board of Directors and the Board of Supervisors will be retained like in
2013: 0.7%/profit after tax.
Article 4: The plan of issuing shares
to pay dividend:
- Purpose: to pay stock dividends to existing
shareholders
·
Name of stock: Stock of Vietnam Container
Shipping Joint Stock Company
·
Stock type: common stock
·
Par value: VND10,000/share
·
Offering volume: 150,000 shares
·
Total number of issued shares: 28,812,650 shares
·
Number of outstanding shares: 28,646,050 shares
·
Treasury
stock volume: 166,600 shares
·
Issue volume expected: 5,729,210 shares
·
Total value issue: 57,292,100,000 dongs
·
Issue ratio: 20%
·
Finance resource: retained earnings in 2013
(VND144,350,489,582)
·
Regulation on shares transfer: Shares are transferred
·
Time of
implementation: Expected in Quarter 2/2014.
·
Object: existing shareholders
·
Plan to deal with fractional shares:(Each shareholder will receive one right for
each share held. For every 10 rights, they will be entitled to purchase 02 new
shares.)
- The
distributed shares will be rounded down. The fractional shares will be
canceled.
Article
5:
Choosing an auditing company in 2014:
- The
Meeting authorized the Board of Directors to choose an auditing company for the
fiscal year 2014.
- The
resolution shall take effect from March 21, 2014.
