Construction Joint Stock Company 47 announced the resolution of resolution of 2014 Annual General Meeting of Shareholders:
|
No.
|
Item
|
Amount
|
|
1
|
Corporate
income
|
28,119,865,242
|
|
|
Including:
- Dividend of Ham Ho Joint Stock Company
|
224,900,012
|
|
|
-
Dividend of Dinh Binh Joint Stock Company
|
1,742,400,000
|
|
2
|
Taxable
corporate income
|
26,152,565,230
|
|
3
|
Corporate
income tax
|
6,538,141,309
|
|
4
|
Corporate
income after tax
|
21,581,723,933
|
|
5
|
Expense
after corporate income tax:
|
1,929,192
|
|
6
|
The
remainder distributing to funds
|
21,579,794,741
|
|
7
|
+
Financial reserve fund (5%)
|
1,078,989,737
|
|
8
|
+ Investment
and development fund (>15%)
|
3,421,815,268
|
|
9
|
+
Dividend payment
|
16,000,000,000
|
|
|
Ratio of Dividend to Profit after tax
|
74.14%
|
|
|
Dividend yield
|
20.00%
|
|
11
|
+
Bonus fund (3%)
|
647,393,842
|
|
12
|
+
Welfare fund (2%)
|
431,595,894
|
- Payment
method: to pay stock dividend. Exercise
ratio: 5:1 (The one who owns 05 shares at the record date will receive 01 new
share, the volume will be rounded down).
- Plan
to deal with fractional shares: authorizing to the Board of Directors to decide
distribution.
3) The
2014 business plan:
- To
approve the business plan in 2014 with the following main targets:
- Revenue:
VND1,350 billion
- Profit
after tax: VND32 billion
- Dividend:
15%-20%
4) Plan
for issuing shares to increase its charter capital (time 05) as follows:
a) Current
charter capital: VND96 billion
b) Charter
capital expected to increase: VND24 billion
c) Charter
capital after increasing: VND120 billion
d) Number
of shares to be issued: 2,400,000 shares
e) Ratio
of stock dilution: 25% of outstanding shares
f) Method
for the increase charter capital:
- Offering
shares to existing shareholders:
·
Stock type: common stock
·
Face value: VND10,000/share
·
Number of issued shares: 960,000 shares
·
Total value based on face value:
VND9,600,000,000
·
Offer price: VND10,000/share
·
Number of outstanding shares: 35,000,000
shares
·
Exercise ratio: 10:01 (The one who owns 01 share at the record date
will receive 01 right, 10 rights will buy 01 new share).
The volume will be rounded
down.
- Offering
shares to employees:
·
Stock type: common stock
·
Par value: VND10,000/share
·
Number of issued shares: 400,000 shares
·
Total value based on face value:
VND4,000,000,000
·
Offer price: VND11,000/share
·
Issue method: issue shares according to the
employee stock ownership plan (ESOP)
- Offering
shares to strategy shareholders:
·
Stock type: common stock
·
Par value: VND10,000/share
·
Number of issued shares:1,040,000 shares
·
Total value based on face value:
VND10,400,000,000
·
Offer price: VND16,000/share
·
The proceeds will be used to fund working
capital.
·
All shares will be deposited in the Vietnam
Securities Depository and listed on the Hochiminh Stock Exchange.
·
Authorizing to the Board of Directors to
implement related procedures.
5) The
BOD approved that Mr. Nguyen Luong Am - BOD Chairman, would concurrently hold
the post of CEO in 2014.
6) The
Meeting authorized the Board of Directors to choose one of two auditing companies to audit financial
statements in 2014.
- Ha
Noi Profession of Auditing & Accounting Company Limted (CPA Ha Noi)
- Thang
Long Auditing and Consultant Co.,Ltd.
7) 7Remuneration
of the Board of Directors, the Board of Supervisors:
- BOD
Chairman: VND8 million/month
- Deputy
of BOD Chairman: VND6 million
- Member
of the Board of Directors: VND4 million
- Head
of the Board of Directors: VND19 million
- Member
of the Board of Directors: VND2 million.
