|
CAV: Resolution on the 2017 AGM Vietnam Electric Cable Corporation announces Resolution of 2017 AGM as follows:
- Approving operation reports of CEO, the BOD and the Supervisory Board.
- Approving 2016 profit distribution:
|
No.
|
Items
|
Amount (dongs)
|
|
1
|
2016 separate profit after tax
|
223,791,839,375
|
|
2
|
2015 undistributed separate profit
|
55,734,037,307
|
|
3
|
Total distributed profit
|
279,525,876,682
|
|
4
|
2016 distributed profit
|
260,692,939,119
|
|
4.1
|
Allotting to Welfare Fund (10%)
|
22,379,183,938
|
|
4.2
|
Bonus to Management Board (3%)
|
6,713,755,181
|
|
4.3
|
Bonus fund to clients
|
30,000,000,000
|
|
4.4
|
2016 dividend 35%
(Record date: 28 April 2017, expected implemented date: 16 May 2017)
|
201,600,000,000
|
|
5
|
Undistributed profit transferred to 2017
|
18,832,937,563
|
- Approving changes of the Operation Charter.
- Approving 2017 business plan.
|
No.
|
Items
|
2017 plans
|
|
1
|
Consolidated revenue
|
6,200 bil. dongs
|
|
2
|
Consolidated profit before tax
|
410 bil. dongs
|
|
3
|
Dividend
|
35%
|
|
4
|
Reward & Welfare Fund
|
10% profit after tax
|
|
5
|
Bonus to Management Board
|
3% profit after tax
|
|
6
|
Compensation for the BOD & the Supervisory Board
|
2% profit after tax
|
- Approving decision on choosing 2017-audited company.
- Approving a transaction under AGM’s agreement with GELEX.
- Approving members of the BOD and the Supervisory Board term 2017-2022.
Resolution is valid as of 11 April 2017. HOSE
|
