Vung Tau Real Estate and Construction Joint Stock Company announced the resolution of the 2014 Annual General Meeting on May 07, 2014:
Article
1: AGM approved reports of the Board of Directors in 2013 and the plan 2014.
Article
2: AGM approved the profit and loss in 2013 and business plan for 2014:
Profit
and loss in 2013:
- Revenue from selling
and service supply: VND 99.8 billion
- Profit before tax: VND
1.8 billion
- Profit after tax: VND
0.915 billion
Business
plan for 2014:
- Revenue from selling
and service supply: VND 185.4 billion
- Profit before tax: VND
25.8 billion
- Profit after tax: VND
19.4 billion
- Dividend: 8%
Article
3: AGM approved the 2013 financial statements.
Article
4: AGM approved the reports of the Board of Supervisors in 2013 and the plan
2014.
Article
5: AGM approved the choosing an auditing firm in 2014.
Article
6: AGM approved the remuneration of the BOD and the Board of Supervisors in 2013
and the plan 2014:
1)
Remuneration
of the BOD and the Board of Supervisors in the fiscal year 2013
- Remuneration of the
BOD: VND 186.38 million
- Remuneration of the
Board of Supervisors: VND 64.8 million
2)
Plan
for remuneration of the BOD and the Board of Supervisors in 2014
- Remuneration of the
BOD: VND 400 million
- Remuneration of the
Board of Supervisors: VND 100 million
- Bonus fund of the
BOD: not more than VND500 million.
Article
7: AGM approved the profit distribution in 2013:
- AGM
approved to not pay the 2013 dividend and not distribute funds from profit
after tax in 2013.
Article 8: AGM approved Mr. Vu
Duc Tien replaced Mr. Hoang Dinh Loi as a member of the BOD.
Article
9: AGM authorized the BOD to transfer 02 projects.
Article
10: AGM authorized the BOD to implement this resolution.
Article
11: This resolution took effect from date signing.
