DXG: Board Resolution No.07 on Profit Distribution
Dat Xanh Real Estate Service & Constructions Corporation announced Board Resolution No.07 regarding the profit distribution as follows:
Article 1: To approve the interim distribution of 2014 profit:
1) Business performance in 2014:
Item
Plan for 2014 (VND billion)
Reality in 2014 (VND billion)
% reality/plan
Net revenue
520
506.18
97.34%
Profit after tax
125
167.83
134.30%
2) The 2014 annual general meeting of shareholders approved the distribution plan of 2014 profit as follows:
No.
Distribution ratio
1
Bonus fund
3% after-tax profit
2
Welfare fund
2% after-tax profit
3
Financial reserve fund
4
Bonus for the excess profit of the Board of Directors
10% the excess after-tax profit
5
Bonus for the excess profit of the Board of Management
3) Based on the 2014 business performance and actual situation, the BOD Chairman proposed the interim distribution of 2014 profit as follows:
Ratio
Amount (VND million)
5,035
3,357
2.5% on the excess after-tax profit
1,071
Article 2: This resolution takes effect from the date of signing.
HOSE
> GMD: Explanation for consolidated business result in Quarter 4, 2014 (10/03/2015)
> FLC: Explanation for consolidated business result in Q4, 2014 (10/03/2015)
> FLC: Explanation for business result in Q4, 2014 (parent company) (10/03/2015)
> DQC: Explanation for business result in Q4, 2014 (10/03/2015)
> DIG: Explanation for business result in Q4, 2014 (parent company) (10/03/2015)
> PAN: The record date for the 2015 AGM (10/03/2015)
> LHG: The record date for the 2015 AGM (10/03/2015)
> DRL: The record date for the 2014 AGM (10/03/2015)
> PJT: The record date for the 2015 AGM (10/03/2015)
> VNH: The record date for the 2015 AGM (10/03/2015)
