Vietnam Electricity Construction Joint Stock Corporation announced the resolution of Annual General Meeting 2014, which was held on June 24, 2014, as follows:
Article 1: Approving the business
result in 2013 and financial statements in 2013, which audited by International
Auditing and Financial Consulting Company Ltd. (IFC):
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Total sales and incomes: VND741,230,082,942
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Profit before tax: VND22,033,118,020
-
Profit after tax: VND16,478,195,266
-
EPS: VND265.25
Article 2: Approving the
business plan for 2014:
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Total sales and incomes: VND852,844 billion
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Profit before tax: VND40.869 billion
-
Profit after tax: VND30.843 billion
-
Dividend: 5%
Article
3:
Approving the report on activities of the Board of Directors and the Board of
Supervisors in 2013.
Article
4:
Approving the 2013 profit distribution plan, as follows:
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The remaining profit of 2010, 2011 and 2012: VND71,582,150,769
-
Profit after tax in 2013: VND16,478,195,266
-
Undistributed profit until December 31, 2013:
VND88,060,346,035
-
Distribution plan:
1) Allocation
for additional charter capital reserve fund: VND494,345,858
2) Allocation
for bonus fund: VND988,691,716
3) Allocation
for welfare fund: VND659,127,811
4) Dividend
2% by cash: VND12,424,428,200
5) The
remaining profit of 2013 will be used for the Corporation’s working capital: VND1,911,601,681
6) Undistributed
profit: VND73,493,752,450
Article
5:
Approving to amend the Corporation’s Charter with registered headquarter at 344
Phan Chau Trinh, Binh Thuan Ward, Hai Chau District, Da Nang city.
Article
6:
Approving to authorize the Board of Directors to select one of five auditing
companies to audit the 2011 financial statements and revise the semi-annual
financial statements, including: Vaco Audit Co., Ltd; International Auditing
and Financial Consulting Company Ltd. (IFC); A Phu Audit Co., Ltd; AAC Auditing
and Accounting Co., Ltd; Vietnam Auditing Partnership Company.
Article
7:
Approving to appoint Ms. Nguyen Thi Tam as a member of the Board of Directors
in term 2010-2015.
Article
8:
The BOD chairman concurrently holds the position of CEO
Article
9:
Approving the compensation for the Board of Directors and the Board of
Supervisors in 2013:
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BOD Chairman: VND5,000,000/month
-
BOD member: VND3,000,000/month
-
Head of the Board of Supervisors:
VND3,000,000/month
-
Member of the Board of Supervisors: VND
2,000,000/month.
