Monday, 08/12/2014 09:15

GLT: Explanation for auditor\u2019s opinion of semi-annual statement 2014

On 02 Dec 2014, Global Electrical Technology Corporation explained the auditor’s opinion of semi-annual statement 2014 as follows:

- In July 2010, the Company issued 317 500 preferred shares (par value: VND 10 000/ share) to employees with higher selling price than par value and total proceeds of the share issue was VND 6 083 358 132

- At present, the Company does not need to increase capital, so at the annual General Meeting of Shareholders on 26 June 2014, the Management Board presented plan for dividend payment 2013, in which the proceeds was used to pay dividends. The plan was approved by the annual General Meeting of Shareholders

- Based on General Mandate 2014, in Sep 2014, the Company made the last payment for dividends 2013

 

HNX

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