HUD3 Investment and Construction Joint Stock Company announced the resolution of 2014 Annual General Meeting, organized on April 15, 2014:
Article
1:
Approving the financial report of 2013 of parent company, with main figures:
-
Total value of production in 2013: VND454.01billion
(101% of plan 2013)
In
which:
Construction
production:
VND302.51 billion (101% of 2013 plan)
Business
value: 151.5 billion (101% of 2013 plan)
-
Investment: VND120
billion (80% of 2013 plan)
-
Total revenue: VND321.774 billion (115% of 2013 plan)
-
Profit before tax: VND18.92
billion (111% of 2013 plan)
-
Profit after tax: VND14.45 billion (113.3% of 2013 plan)
-
State budget payable:
VND13.3
billion (130% of 2013 plan)
-
The average income:
VND4.5 million/ person/ month
-
Return on Equity: 11.93%
-
Dividend: 9% /year of
charter capital
Article
2:
Approving the consolidated financial report of 2013, with main figures:
-
Total value of production in 2013: VND454.01 billion (101% of 2013 plan)
In
which:
Construction
production:
VND302.51 billion (101% of 2013 plan)
-
Business value: VND151.5 billion (101% of 2013 plan)
-
Total revenue: VND419.684 billion
-
Profit before tax: VND20.7 billion
-
Profit after tax: VND15.5 billion
-
Return on Equity: 12.9%
Article
3:
Approving the profit distribution and dividend payment plans in 2013:
Profit distribution plans:
-
Profit before tax: VND18,917,164,109
-
Income tax: VND4,464,439,541
-
Remuneration of the BOD: VND24,000,000
-
Profit after tax: VND14,452,724,568
-
Investment & development fund (25%): VND3,607,181,142
-
Financial reserve fund (5%): VND721,436,228
-
Bonus & welfare fund (7.6%): VND1,100,157,598
-
Dividend (9% of chapter capital): VND8,999,949,600
Article
4:
Approving the 2013 financial statements, which were audited by AASC.
Article
5:
Approving business, profit distribution, investment plan for 2014:
Business
plan for 2014:
-
Total value of production: VND475 billion
In
which:
Construction
production:
VND300 billion
Business
value: VND175 billion
-
Investment: VND120 billion
-
payback plan for business: VND150
billion
-
Total revenue: VND270 billion
-
Profit before tax: VND12 billion
-
State budget payable: VND
10 billion
-
Dividend: 6% /year
Article 6 :
Authorizing the Board of Directors to approve investment projects.
Article
7:
Approving reports on wage and remuneration of the Board of Directors, the Board
of Supervisors in 2014, as follows:
1. Wage
fund plan:
- Wage
fund in 2014: 25% of construction production and 5% of investment value, in
which:
·
Wage fund of the Board of Directors: 0.7% of
construction production and 1.4% of investment value.
·
Bonus fund for the Senior management: 10% of
the exceeded profit
·
Wage fund of the Senior management, departments, the
southern branch: 1.8%
of construction production and 3.6% of investment value.
·
Wage fund of the team managers: 6.5% of construction production
·
Direct salary: 16%
of construction production
2. Remuneration
of the Board of Directors, the Board of Supervisors in 2014:
- Member
of the Board of Directors and the Board of Supervisors, who work directly in the company: not over VND3 million/ month/person.
- Member
of the Board of Directors and the Board of Supervisors, who do not work directly in the company: the company will pay wage
based on payroll.
Article
8: Approving the reports on operation of
the Board of Supervisors in 2014
Article 9:
Approving the resignation of Ms.
Nguyen Thi Lan from Member of the Board of Supervisors.
Article 10:
Approving to elect Mr, Ta Duy Hung as Member of the Board of Supervisors in the
term 2010-2015.
Article
11:
Choosing AASC as the auditing firm for 2014.
Article
12:
Approving regulation elected the Board of Supervisors
Article
13:
Approving to remove head office from 40 Le Hong Phong, Ha Cau Ward, Ha Dong
District to HUD3 Tower Building, No. 121-123 To Hieu Street, Nguyen Trai Ward,
Ha Dong District, Ha Noi city
Article
14:
Approving adjustments in the Company’s Charter.
Article 15:
This resolution takes effect as of April 15, 2014.
