Chang Yih Ceramic Joint Stock Company (CHANG YIH CERAMIC) has announced resolution of the shareholders’ annual meeting as follows:
Article 1: I AGM approved the
2013 audited financial reports:
-
Net
revenue: 374,959,725,954 dongs
-
Gross
profit : m52,290,081,070 dongs
-
Total
profit before tax: 11,696,030,596 dongs
-
Profit
after tax: 9,611,641,811 dongs
-
EPS:
1,062 dongs
Article 2: AGM approved
remuneration of the Board of Directors, the Board of Supervisors in 2011,2012,
2013:
-
Remuneration
of the Board of Directors, the Board of Supervisors in 2011,2012,2013: VND0
Article 3: Profit distribution:
Keeping 100% profit and not distributing it into funds and 2013 dividends.
Article 4: AGM approved to
choose the DFK Viet Nam audit firm for 2014 financial statements.
Article 5: Approving the 2014
business plans:
- The
2014 business plans:
-
Total
production: 4,000,000 m2
-
Net
revenue: 450,000,000,000 dongs
-
Total
profit after tax: 11,500,000,000
dongs
- Investment:
-
Construction:
USD0
-
Buying
of machinery and equipment: USD1,500,000
- Financial:
-
Short
term loan limits: VND100,000,000,000
-
Medium-term
loan limits: USD1,000,000
-
Other
loan: USD0
-
The
company will pay USD1,000,000 to the parent company
Article 6: Approving Mr. Hung
Kuang Ching as the CEO.
Article 7: Approving the resignation of Mr. Ngan Quoc Phong
as a member of the Supervisory Board.
Article 8: Approving to elect
member of the Supervisory Board in the term 2014-2016:
Mr.
Tran Thanh Thiet
Article 9: The BOD will
implement the resolution and the resolution is valid as from May 26, 2014.
