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IDV: Annual General Mandate 2016 Vinh
Phuc Infrastructure Development Joint Stock Company announced the Annual
General Mandate 2016 approved on 12/12/2015 as follows:
Article 1: Approve
dismissing Mr. Van Phung Ha from Member of BOD – third term according to the
application of resignation of Mr. Van Phung Ha since the end of this general
meeting of shareholders.
Article 2:
Approve voting Mr. Hoang Dinh Thang as Member of BOD – third term to replace
Mr. Van Phung Ha
Article 3: Approve operating report of BOD in 2015
- Revenue (Net revenue + Finance revenue + other
income): VND 81.65 billion, decreasing by 2.04 % compared with 2014
-
Profit after tax: VND 48.08 billion, increasing by 0.12 % compared with 2014
-
Total asset: VND 503.99 billion,
increasing by 20.76 % compared with 2014
-
Equity: VND 177.88 billion,
increasing by 37.27 % compared with 2014.
-
Dividend rate: 90%, increasing
by 157.14% compared with 2014
Article 4:
Approve operating result of 2015 with the main contents as follows:
|
No.
|
Targets
|
As on 30/09/2015
|
As on 30/09/2014
|
Increase, decrease (%)
|
|
I
|
Total asset
|
503,999,580,054
|
417,363,308,849
|
20.76
|
|
1
|
Current
asset
|
326,705,877,773
|
275,958,904,308
|
18.39
%
|
|
2
|
Long-term
asset
|
177,293,702,281
|
141,404,404,541
|
25.38
%
|
|
II
|
Total resources
|
503,999,580,054
|
417,363,308,849
|
20.76 %
|
|
1
|
Current
liabilities
|
18,567,711,175
|
14,780,438,266
|
25.62
%
|
|
2
|
Long-term
liabilities
|
367,547,808,417
|
316,703,814,959
|
16.05
%
|
|
3
|
Owner’s
equity
|
117,884,060,462
|
85,879,055,624
|
37.27
%
|
|
III
|
Operating result
|
|
|
|
|
1
|
Total
revenue and income
|
81,655,891,764
|
83,359,659,957
|
-2.04
%
|
|
2
|
Gross
sales from merchandises and services
|
49,689,166,766
|
51,043,025,652
|
-2.65
%
|
|
3
|
Other
income
|
3,357,828,679
|
1,150,663,467
|
191.82
%
|
|
4
|
Profit
before tax
|
53,046,995,445
|
52,193,689,119
|
1.63
%
|
|
5
|
Profit
after tax
|
48,053,166,887
|
47,994,792,201
|
0.12
%
|
Article 5:
Approve operating plan of 2016 (From 01/10/2015 to 30/09/2016). Details as
follows:
|
No.
|
Targets
|
Unit
|
2016
Plan
|
%
increase, decrease
|
|
1
|
Total
asset
|
VND
|
650,000,000,000
|
28.97
|
|
2
|
Revenue
(Net revenue + Finance revenue + other income)
|
VND
|
92,000,000,000
|
12.67
|
|
3
|
Profit
after tax
|
VND
|
54,000,000,000
|
12.39
|
|
4
|
Dividend
rate
|
|
90%
|
0.00
|
|
|
-
In cash
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%
|
40
|
0.00
|
|
|
-
By share
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%
|
50
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0.00
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Article 6:
Approve private financial statement, audited consolidate financial statement 2015,
including:
- Comments of auditor
- Balance sheets
- Operating result,
- Cash flow statement
- Notes to the financial statements
Article 7:
Approve "Review operating status 2015" of Supervisory Board on
managing company by BOD and Management Board.
Article 8:
Approve statement on selecting auditor for fiscal year 2016 of Supervisory
Board. AGM authorize BOD to select the auditor:
Article 9:
Approve profit after tax distribution 2015 and the plan for 2016 with the main
contents as follows:
The
profit after tax distribution 2015
|
No.
|
Targets
|
Rate
(%)
|
Distribution
value 2015 (VND)
|
Additional
value 2014 (VND)(1)
|
Total
distribution value 2015 (VND)
|
|
|
1
|
2
|
3
|
4
|
5= 3+ 4
|
|
I
|
Remain
profit of previous year
|
|
34,585,690,529
|
|
34,585,690,529
|
|
II
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Profit after tax 2015
|
|
48,053,166,887
|
|
48,053,166,887
|
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III
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Profit distribution
|
|
57,873,373,033
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5,417,740,720
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63,291,113,753
|
|
1
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Development
and investment fund
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5 %
|
2,402,658,344
|
1,354,435,180
|
3,757,093,524
|
|
2
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Financial
reserve fund
|
|
|
1,354,435,180
|
1,354,435,180
|
|
3
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Welfare
and bonus fund
|
5 %
|
2,402,658,344
|
1,354,435,180
|
3,757,093,254
|
|
4
|
Bonus
fund for Management Board
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5 %
|
2,402,658,344
|
1,354,435,180
|
|
|
5
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Dividend
payment for shareholders
|
|
|
|
|
|
|
-
In cash
|
40%
|
24,912,968,000
|
|
24,912,968,000
|
|
|
-
By share
|
50 %
|
25,752,430,000
|
|
25,752,430,000
|
|
IV
|
-
Retain
undistributed profit
|
|
24,765,784,383
|
|
19,347,743,663
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(1)
The additional value stated in the
consolidated financial statement 2014
Plan
for profit distribution 2016
|
No.
|
Targets
|
Rate
(%)
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Note
|
|
1
|
Development
and investment fund
|
5 %
|
|
|
2
|
Financial
reserve fund
|
5 %
|
|
|
3
|
Welfare
and bonus fund
|
5 %
|
|
|
4
|
Bonus
fund for Management Board
|
5 %
|
|
|
5
|
Dividend
payment for shareholders
|
|
|
|
|
-
In cash
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40 %
|
First round: 20%
Second round: 20 %
|
|
|
-
By share
|
50 %
|
|
Article 10:
Approve statement on paying remuneration for BOD and subcommittees under BOD,
Supervisory Board in 2016 as follows
-
The remuneration for Board of Directors and subcommittees in 2016: VND
1,200,000,000 + VND 436,000,000 of previous year
-
The remuneration for Supervisory Board 2016: VND 300,000,000
Article 11:
Approve issuing shares for dividend payment 2016 to increase the Charter
capital. The details as follows:
- Purpose of the issue: Issue share
to pay dividend
- Expected number of shares to be
issued: 50 % of charter capital
- Stock type: Common share
- Par value: VND 10,000/share
- Object of the issue: Existing
shareholders whose name in the list as on record date.
-
Capital resource: Undistributed profit after tax, investment and development
funds and other funds in accordance with laws.
- Exercise rate: 50% par value (As
on record date, shareholders who owns 100 shares are entitled to receive 50 new
shares)
- Handling fractional shares (if
any):
The number of share issued is round down to unit digit. The
fractional shares (if any) will be bought back for treasury shares with price:
VND 10,000/share
AGM authorize BOD to:
- Select the time to issue shares
for increasing charter capital.
- Building the document for issuing
shares then submits to State Securities Commission of Viet Nam for approval.
- Implement the dividend payment
after receiving approval from to
State Securities Commission of Viet Nam
- Adjust business registration
certificate according to the new capital charter.
- Implement other procedures
including additional listing
and depository on Ha Noi Stock
Exchange and Vietnam Securities Depository.
Article
12: Approve the plan on investing the Project “Ba
Thien Industrial Park – Vinh Phuc Province”. The area is 247.84 ha, total
investment value is VND 1,182364 billion. The performance time is in three
years (from 2016 - 2018). The investment capital (Available capital: VND 310.13
billion, borrowing capital: VND 569.88 billion with the interest rate 10%/year,
the collection from customer: VND 302.64 billion. Or mobilized capital sources
from joint – ventures, association with the rate: VPID 70% and partners 30%)
Article
13: Approve adjusting “Operation and Organization
Charter” of the Company dated 30/11/2014 in accordance with Enterprise Laws
2014
Article
14: Approve the operation rules of Supervisory Board
Article 15: Performance
This General Mandate was
approved by General Meeting of Shareholders 2016 and goes into effect since 14/12/2015.
Members of Board of Directors,
Supervisory Board, and Management Board
take responsibility to implement this annual general mandate HNX
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