Sieu Thanh Joint Stock Corporation (SIEU THANH CORP) announced a resolution of the 2014 annual general meeting of shareholders as follows:
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1: Approving the 2013 operation report and the 2014 plan of the BOD.
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2: Approving the 2013 business report and the 2014 plan:
- The
2013 business results:
·
Net revenue: 814.3 bil. dongs
·
Profit before tax: 69.2 bil. dongs
·
Profit after tax: 51.6 bil. dongs
- The
2014 plan:
·
Net revenue: 1,206 bil. dongs
·
Profit before tax: 90 bil. dongs
·
Profit after tax: 72 bil. dongs
- The
2013 dividend were paid in 02 times:
·
First dividend in cash: 11.9 bil. dongs (10%)
·
Second dividend in cash: 11.9 bil. dongs
(10%) and by shares: 594,845 shares (5%)
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3: Approving audited in 2013.
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4: Approving the 2013 operation report and the 2014 plan of the Supervisory
Board.
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5: Authorizing the BOD to choose an auditing company in fiscal year 2014.
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6: Approving a resignation of a member in the BOD.
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7: Approving a resignation of the CEO.
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8: Approving supplement of member to the BOD in term 2013-2018.
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9: Approving appointment of the Chairman of the BOD to the CEO.
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10: Approving appointment of finance director cum the Chief Accountant.
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11: Approving the 2013 & 2014 remuneration for the BOD & the Supervisory
Board:
- The
2013 remuneration: 492 mil. dongs
- The
2014 remuneration:
·
Chairman of the BOD: 18 mil. dongs / month
·
Deputy Chairman of the BOD: 15 mil. dongs /
month
·
Other members in the BOD: 13 mil. dongs /
month
·
Head of the Supervisory Board: 6 mil. dongs /
month
·
Other members in the Supervisory Board: 3 mil.
dongs / month
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12: Approving adjustment of the company’s regulation:
- Coding
the company’s business under Vietnam business classification system.
- Increasing
charter capital from 119,579,020,000 dongs to 125,525,230,000 dongs.
- Authorizing
the BOD to implement the adjustment.
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13: Approving the dividend payment plan in 2014: the minimum dividend in cash:
10% and by shares: 10%.
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14: Authorizing the BOD to joint capital, or withdrawal capital, or trade
assets worth under 50% of charter capital.
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15: Authorizing the BOD to approve loans or act as guarantee under 20% charter
capital for members of the BOD, the Supervisory Board and the Management Board.
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16: Assigning Mr. Yung Cam Meng – legal representative to implement the
resolution.
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17: The resolution is valid as from 28 Apr. 2014.