|
DOC: Annual General Mandate
On 23 Apr 2018, Dong Nai Joint Stock Company of Agricultural Material announced Annual General Mandate as follows:
- Approve these following contents:
- Operating result and Audited Financial Statement of 2017
- Reports on 2017 and plan for 2018 of Board of Directors
- Reports on 2017 of Board of Supervisors
- Profits distributions of 2017:
- Undistributed profit after tax: VND 6,266,558,332
- Undistributed profit after tax transferred from the previous years: VND 56,723,744
- Profit after tax of 2017: VND 6,209,834,588
- Profit of 2017 distributed for 3 funds:
+ Invest & develop fund: 5% x VND 6,209,834,588 = VND 310,491,729
+ Bonus & welfare fund for labors: 03 monthly salary
VND 4,509,000,000/ 12 x 3 months = VND 1,127,250,000\
+ Bonus for management staffs: 1.5 monthly salary
VND 1,483,200,000/ 12 x 1.5 months = VND 184,400,000
Totals: VND 1,623,141,729
- Profit after extracting: VND 4,586,692,859
- Profit for dividends payment:
VND 4,586,692,859 + VND 56,723,744 = VND 4,643,416,603
- Dividends payment in cash: VND 4,000,000,000
- Dividends payment rate/ par value: 4% - VND 400 per share (advanced for dividends in Jan of 2018: 3% - VND 300 per share; continue distributing remaining dividends: 1% - VND 100 per share)
- Remaining profits: VND 643,416,603
- Dividends payment from source of transfer from Invest & develop fund:
Transfer: VND 3,580,775,684
For dividends payment: VND 3,500,000,000 – 3.5% per share (VND 350 per share)
- Total remunerations for Board of Directors and Board of Supervisors in 2017, plan for 2018 and salary for specialized management staffs, Board of Supervisors
* Remuneration for 2018:
Chairman (VND/ person/ month): VND 3,000,000
Vice Chairman (VND/ person/ month): VND 2,500,000
Member of Board of Directors (VND/ person/ month): VND 2,000,000
Supervisors (VND/ person/ month): VND 1,500,000
Head of Board of Supervisors does not enjoy any remuneration and enjoy specialized salary
* Salary for specialized management staffs (Managers, Vice Managers, Chief Accountant and Head of Board of Supervisors): As the Circular No. 28 Feb 2016/TT-BLĐTBXH issued on 01 Sep 2016 by Ministry of Labor, War Invalids, & Social Welfare
* Salary for Head of Board of Supervisors:
- Average salary implemented of specialized Head of Board of Supervisors in 2017: VND 13,200,000 per month
- Plan for 2018: Remuneration - based on operating result of the Company; Salary – as the Salary Regulation of the Company: VND 13,000,000 per month. Total maximum incomes: Not over VND 20,000,000 per month
- Operating plan for 2018:
- Revenue: VND 322.334 billion
- Payables for State Budget: VND 3.230 billion
- Profit before tax: VND 6.250 billion
- Corporate income tax: VND 1.250 billion
- Profit after tax: VND 5.000 billion
- Profit after tax/ equity: 4.8%
Salary fund for 2018, profits distributions and dividends distributions: As the Financial Regulation, Circular No. 28/2016/TT-BLĐTBXH issued 01 Sep 2016 by Ministry of Labor, War Invalids, & Social Welfare and operating result:
+ Salary fund for 2018: As Circular No. 28/2016/TT-BLĐTBXH issued 01 Sep 2016 by Ministry of Labor, War Invalids, & Social Welfare
+ Invest & develop fund: 5%
+ Bonus & welfare for labors: Not over 03 monthly salary
+ Bonus fund for management staffs: Not over 1.5 monthly salary
+ Profits for dividends payment: VND 4 billion
+ Dividends payment in cash rate: From 4% per share and over assigned to Board of Directors to decide and implement
- Assign Board of Directors to select 01 in the 02 following units:
- AASC Co., Ltd
- RSM Vietnam
- Assign Board of Directors to decide investments transactions/ sell assets and leasing/ mortgage contracts having value which is same or over 35% of total assets of the Company confirmed at the nearest Audited Financial Statement
- Prepare Report on possible investments for the project on newly investing for organic and synthetic fertilizers plant
- Approve the adjusted and supplemented Charter and the Internal Governance Regulation (attached)
- Accept State shareholders at the Company to withdraw capitals at the Company
- This Mandate approved and assigned to Board of Directors to implement
HNX
|
