On April 17, 2019, Saigon Real – Estate Joint Stock Company announces the resolution of the fiscal year 2018 Annual General Meeting of Shareholders as follows:
- Approving the business result in 2018:
- Total investment: 450 billion dongs
- Profit after tax: 126.1 billion dongs
- Dividend: 15%.
- Approving the business plan in 2019:
- Total investment: 2,255 billion dongs
- Profit before tax: 210 billion dongs
- Dividend: 25%
- Approving the report from the Supervisory Board in 2018.
- Approving the profit distribution in 2018:
- Profit after tax of 2018 (parent company): 126,115,503,041 dongs
- Dividend (15%/charter capital): 63,309,860,500 dongs
- Remaining profit of 208 after the distribution: 57,805,642,541 dongs.
- Payment time: expected in Q3.2019.
- Approving the Chairman of BOD will concurrently hold the position as Chief Executive Officer (CEO).
- Approving to amend and supplement its charter.
- Approving the additional election of Mr. Kieu Minh Long as Independent member of BOD for the period 2016 – 2020.