Thu Duc Water Supply Joint Stock Company announced the resolution of the 2014 Annual General Meeting as follows:
Approving
contents as follows:
1) Report
of the Board of Directors in 2013
2) Report
of the Board of Supervisors in 2013
3) Profit
and loss in 2013, with main targets:
-
Supply water: 46,760 million m3 or
103.22%
-
Revenue from water: 421.254 billion dongs or 103.13%
-
Construction of new water meter: 11,169
pieces or 101.54%
-
To replace water meter: 15,585 pieces or 141.68%
-
Rate of households using clean water: 86.81%
or 100.36%
-
Network development water supply: 9,285m or 185.70%
-
To repair pipe: 14,035m or 112.41%
- Financial
operations result:
-
Total revenue: VND438.936 billion, or 104.03%
-
Profit before tax: VND27.125 billion or
100.72%
-
Profit after tax: VND21.456 billion or
100.01%
4) The
plan 2013 profit distribution and dividend:
-
Profit distribution: VND20,315,492,155
-
Dividend (50.21%): VND10,200,000,000
-
Distributed to:
-
Investment & development fund:
VND5,161,575,199
-
Financial reserve fund (4%): VND812,478,949
-
Welfare & Bonus fund (24%):
VND4,875,718,117
-
Bonus to the Board Management (2%):
VND406,309,843
-
Investment & development fund:
VND4,002,672,509
-
Rate of dividend/charter capital: 12%
+ Record date: May 07, 2014
+ Exercise ratio: 12% (01 share will be
receive VND1,200)
+ Payment date: May 21, 2014
+ Trading method: by cash
- Authorizing
to the Board of Directors, the Management Board to implement the dividend.
5) Remuneration
for the Board of Directors, the Board of Supervisors and Secretary in 2013 and
the plan 2014.
- Total
remuneration for the Board of Directors, the Board of Supervisors and
Secretary in 2013: VND273,000,000
- Plan
for 2014:
-
BOD Chairman: VND3,500,000/person/month
-
Member of the Board of Directors:
VND3,000,000/person/month
-
Head of the Board of Supervisors:
VND2,500,000/person/month
-
Member of the Board of Supervisors:
VND1,500,000/person/month
-
Secretary of the Board of Directors:
VND1,500,000/person/month
6) Business
plan for 2014:
-
Supply water: 50,190 thousand m3
-
Revenue from water: VND451,533 million
-
Construction of new water meter: 12,000 pieces
-
To replace water meter: 15,000 pieces
-
Rate of households using clean water: 95.04%
-
Total revenue: VND465,733 million
-
Profit before tax: VND28,000 million
-
Profit after tax: VND22,362 million
-
Dividend rate: 12%
-
Wage fund of the Management office: VND1,931
million
-
Wage fund of the employees: VND45,675 million
-
Total labor: 347 people
7) Authorizing
to the BOD to choose an auditing firm for audit financial statements in 2014
8) The
resignation of the Board of Directors, the Board of Supervisors as follows:
-
The resignation of Mr. Trinh Tuan Minh from
the position of a member of the Board of Directors as from February 25, 2014
(according to Board Resolution No.004/QD-HDQT dated February 25, 2014).
-
The resignation of Mr. Quach Trong Luong from
the position of a member of the Board of Supervisors as from April 17, 2014.
9) Result
of appointing members of the Board of Directors and the Board of Supervisors
- Appointing of Nguyen Ngoc Thai Binh as a
member of the Board of Directors as from April 16, 2014
- Appointing of Luc Chanh Truong as a member
of the Board of Directors as from February 25, 2014
- Appointing
of Tran Luyen Nhu An as a member of the Board of Supervisors as from April 16,
2014
- Appointing of Le Van Dien as a member of
the Board of Supervisors as from April 16, 2014.
This
resolution takes effect from April 16, 2014.
