|
EID: Annual General Mandate 2014
Hanoi Education Development and
Investment JSC announces Annual General Mandate approved on 14/10/2014 as
follows:
Article 1: Approve following contents:
The audited FS 2013
a. Some main targets:
|
No.
|
Targets
|
Holding Company
(VND bil)
|
Consolidated
(VND bil)
|
|
1
|
Total net revenue from business
operation
|
383
|
392.8
|
|
2
|
Total profit before tax
|
38.6
|
36.6
|
|
3
|
Corporate income tax
|
4.9
|
5.0
|
|
4
|
Total profit after tax
|
33.7
|
31.6
|
b. The method of distributing the profit after tax in 2013 according to
Annual General Mandate 2013:
- The profit for dividend payment and funds extraction: VND 33.7 billion
In which:
Dividend payment 2013 in cash: 15%/year
The financial reserve fund: 10% of the profit after
tax
The fund for the Charter capital: 5
% of the profit after tax
Bonus fund: 3.75 % of the profit
after tax
Welfare fund: 3.75
% of the profit after tax
Bonus and welfare fund of General Manager:
2.5% of the profit after
tax
The fund for BOD, Supervisory Board: 5%
of the profit after tax
The residual profit after tax will be extracted for the investment and
development fund
Article 2: Approve the operation plan and some
activities in 2014 as follows:
a. Some basic financial targets expected:
-
Revenue:
VND
347 billion, strive for VND 360 billion
- The
profit before tax: VND 30 billion, strive for VND 32
billion
-
Dividend
rate: 10%/year,
strive for 12%
b. The method of distributing the profit after tax 2014
The financial reserve fund: 10% of the profit after tax
The fund for the charter capital: 5 % of the profit
after tax
Bonus fund: Based on the factual situation after
paying dividend for shareholders, BOD will decide the rate but not over 5% of
the profit after tax.
Welfare fund: Based on the factual situation after
paying dividend for shareholders, BOD will decide the rate but not over 5% of
the profit after tax.
The fund for BOD, Supervision Board: 3%
of the profit after tax
The investment and development fund: The residual
profit after tax 2014 (after dividend payment and fund extraction).
Article 3: Approve the salary method of 2014:
- Total salary fund of 2014 is the same of (not higher than) total
salary fund of 2013.
- The salary unit price of 2014 will be decided by BOD.
Article 4: Approve the remuneration of BOD,
Supervisory Board, and Secretary in 2013.
Article 5: Authorize BOD to select the auditor for fiscal
2014 (one of four companies which introduced by Vietnam Education Publishing
House): AASC Auditing Firm Corporation.
Article 6: Approve the reports of BOD,
Supervisory Board, and Management Board.
Article 7: Authorize BOD to study and buy,
sell treasury shares (but not higher than 15% of charter capital).
Article 8: Authorize BOD to perform the
contents from Article 1 to Article 7 of this general mandate in accordance with
the laws and the charter of the Company.
HNX
|
