HBC: BODs Resolution No.04 dated April 03, 2017

Hoa Binh Construction & Real Estate Corporation announced Resolution No.04/2017/NQ-HĐQT dated April 03, 2017 as follows:

1. BODs approved the audited finacial statements in 2016
2. BODs submits to the Annual General Meeting 2017 to approve the plan for the profit distribution in 2016:

-          To pay cash dividends at the rate of 10% and issuance of shares to pay dividend at the rate of 35%.

1. BODs submits to the Annual General Meeting 2017 to approve the company’s business plan in 2017:

-          Revenue: 15,000 billion dongs

-          Profit after tax: 757 billion dongs

-          Approving the remuneration payment to BODs and Supervisory Board in 2017.

-          Approving projects for the real estate, long-term investment.

-          Approving the issuance of shares and purchase right 1.800.000 shares in 2017 for the company’s staff.

-          Approving a private placement 35 million shares.

-          Approving the amendment of its charter.

-          Approving the change of company name: Hoa Binh Construction Group Joint Stock Company

-          Approving the selection of the Auditing Company to audit financial statements in 2017-2018.

-          Approving to raise the owning ratio of the foreign investor.

-          Approving the appointment of Mr. Le Viet Hai as Chairman of BODs cum CEO of HBC.

1. BODs approved the resignation of Mr. Ignatius Joe Budiman as member of BODs.
2. BODs submits to the Annual General Meeting 2017 to approve the replacement for the period 2014-2019 by BODs & Supervisory Board.

HOSE

>   HID: Decision on the set up a subsidiary (04/04/2017)

>   DTA: BODs Resolution on amendment of its charter (04/04/2017)

>   RIC: Change of the company’s website (04/04/2017)

>   VJC: Report on Outstanding Voting Shares (04/04/2017)

>   IJC: Report on Outstanding Voting Shares (04/04/2017)

>   ROS: Board approved to receive the transfer of shares (05/04/2017)

>   KSH: Extension of time for settlement of shares (05/04/2017)

>   CIG: Be controlled (05/04/2017)

>   TNC: BODs Resolution No.01 _ 04 Apr 2017 (05/04/2017)

>   SFG: BODs Resolution No.02 _ 03 Apr 2017 (05/04/2017)