Dong Phu Rubber Joint Stock Company announced the Board Resolution No 21 as follows:
Article 1: The BOD approved the 2013 profit distribution:
- Welfare and bonus fund: 20%
- 2013 dividend: 40%
- Development and Investment Fund: 10% + income tax
reduced
Article 2: The BOD approved 2014 business plan:
- Profit before tax: VND249 billion
- Investment in capital construction and financial
investment: VND437.9 billion
- Profit distribution:
- Development and Investment Fund: 10%
- Welfare and bonus fund: 20 - 25%
- Dividend: 30%
Article 3: The BOD approved to buy 2,000,000 treasury
shares in 2014.
Article 4: The BOD approved remuneration for the BOD and
the BOS: VND1,212,000,000/year.
Article 5: The BOD approved to implement restructure
program
Article 6: The BOD approved to increase capital
contribution in Sa Thay Rubber Joint Stock Company from VND40 billion to VND74
billion.
