Phuong Nam Cultural Joint Stock Corporation announced the resolution of Annual General Meeting 20143 dated June 27, 2014 as follows:
Article
1: AGM approved the financial statements report in 2013 with targets as
follows:
-
Net
revenue: VND327,995,091,551
-
Gross
profit: VND115,495,583,147
-
Total
profit after tax: -VND24,875,379,830
-
AGM
approved the business plan for 2014:
·
Net
revenue: VND350,000,000,000
-
Profit
before tax: VND7,000,000,000
Article
2: AGM approved the report of the Board
of Supervisors
Article 3 AGM
approved to amend the Articles of
Association:
-
Change
of Head Office Address:
·
New
address: 940 Street 3/2, Ward 15, District 11, HCM City
Article
4: AGM approved to choose one of five companies in the list of independent
auditing companies below:
1) Southern
Auditing &
Accounting Financial Consultancy
Service Co., Ltd. (AASCS)
2) Accounting consulting
and auditing company limited (AFC)
3) DTL Auditing Co. Ltd
4) International Auditing & Financial Consulting
Company (IFC)
5)
Ernst
& Young Viet Nam.
Article
5: AGM approved the remuneration of the Board of Directors and the Board of
Supervisors in 2014:
-
Remuneration
of Chairman of the BOD: VND5,000,000/month
-
Remuneration
of member Board of Directors: VND5,000,000/person/month
-
Head
of the Board of Supervisors: VND5,000,000/month
-
Member
of the Board of Supervisors: VND3,000,000/person/month
-
Bonus
fund of the Board of Directors:
·
1%
of profit after tax if completed plans
·
1%
of profit after tax and 10% of the exceeded profit.
Article
6: AGM approved to continues private placement
Article
7: This resolution takes effect from June 27, 2014
