An Pha Petroleum Group Joint Stock Company announced the resolution of the 2014 annual general meeting dated May 10, 2014:
Article
1:
AGM approved reports:
- The audited financial statements in 2013
- Report of the Board of Directors
- Report of the Senior management
- Report of the Board of Supervisors
Article
2:
AGM approved business plan for 2014:
- LPG products: 89,932 tons
- Revenue: VND2,116 billion
- Profit after tax: VND14.2 billion
Article
3: AGM approved profit distribution in 2013:
- Dividend
pay-out ratio: 6%/ charter capital (VND228,229,960,000)
Article
4: AGM approved remuneration of the Board of
Directors, the Board of Supervisors in 2014:
- The
Board of Directors: VND6,000,000/month
- The
Board of Supervisors: VND3,000,000/month
Article
5:
AGM authorized the Board of Directors to choose an auditing firm for
fiscal year 2014 in 02 auditing firm: (CPA Viet Nam, A&C).
Article
6: AGM approved to elect new members of the BOD:
- Mr.
Tomohiko Kawamoto: member
- Mr.
Hirohisa Ikeno: member
Article
7: AGM approved to increase charter capital.
Article
8:
AGM authorized the Board of Directors to the 2015 dividend plan.
Article
9:
AGM approved to elect the BOD Chairman
concurrently as CEO.
