Viet Nam Petroleum Transport Joint Stock Company announced the resolution of the 2014 Annual General Meeting dated April 22, 2014 as follows:
Article 1: Approving report on business result in 2013
and Business plan for 2014:
-
Total revenue: VND1,041,083,354,809
-
Profit before tax: VND194,303,545,056
- Business plan
for 2014:
-
Total revenue: VND736,082,164,000
-
Profit before tax: VND39,140,159,000
-
Profit after tax: VND30,001,205,000
-
Dividend payout: minimum 12% (by cash and bonus
issuance)
-
Investment plan:
·
To invest the Building
at 37 Phan Boi Chau: VND35.415 billion from the Company’s capital.
·
To approve the
investment plan of a ship of 40,000DWT. Authorizing to the Board of Directors
to choose time and investment decision in accordance with the regulation of
Laws.
Article 2: Approving the reports of the Board of
Directors in 2013.
Article 3: Approving the
reports of the Board of Supervisors in 2013.
Article 4: Approving the 2013 financial statements which
were audited by Deloitte Vietnam auditing firm and profit distribution plan in
2013 with main targets as follows:
- The 2013 audited financial statements:
By:
dongs
|
Profit after tax was
distributed
|
134,375,409,451
|
|
Investment &
Development fund
|
110,565,000,000
|
|
Reserve financial fund
|
1,781,040,945
|
|
Bonus fund (1.46%
of profit after tax)
|
1,963,871,124
|
|
Welfare fund (1.1%
of profit after tax)
|
1,500,000,000
|
|
Dividend (3%/
year)
|
17,942,335,500
|
|
Remuneration of the BOD Chairperson and Controller
in subsidiary
|
223,858,257
|
|
Remuneration of the Board of Directors and
the Board of Supervisors who does not directly work in the Company
|
399,303,625
|
Record date for payment for the 2013
dividend: in late Quarter 2/2014
Article 5: Approving plan of
issuing shares to increase charter from the Company’s equity:
-
Stock type: common share
-
Par value: 10,000 dongs / share
-
Issue volume expected: 4,186,545 shares
-
Total value: VND41,865,450,000
-
Issue ratio: 7% (the one who owns 100 shares
will receive 07 new shares)
-
Charter capital after issuing shares:
VND639,943,300,000
-
Objects: All shareholders are named in the
shareholders list at record date
-
Finance resource: Investment & development fund of the
company
-
Plan to deal with fractional shares: The distributed shares will
be rounded down. The fractional shares will be multiplied with VND10,000/share
and refunded to investment & development fund.
-
Time of implementation: in late Quarter
2/2014
Authorizing
to the Board of Directors to implement necessary procedure.
Article 6: Approving remuneration of the Board
of Directors, the Board of Supervisors in 2013 and payment plan 2014:
- Reality in 2013:
-
Total remuneration of the Board of Directors:
VND983,894,125
-
Total remuneration of the Board of
Supervisors: VND678,714,000
- Plan for 2014:
·
The Board of Directors, the Board of
Supervisors who does not directly work in the Company:
-
BOD Chairperson: as 20% of salary of CEO
-
Member of the Board of Directors: as 20% of
salary of Deputy CEO
-
Member of the Board of Directors: as 70%
remuneration of member of the Board of Directors
Article 7: Approving the result
of the company’s restructure
Article 8:
Approving amending the company’s regulation
Article 9: Approving to
authorize to the Board of Directors and the Board of Supervisors to choose an auditing firm for fiscal year 2014.
Article 10: This resolution takes effect as from singing date
– April 22, 2014.
