Vietnam Electricity Construction Joint Stock Corporation announces the resolution of Annual General Meeting 2019, which was convened on May 30, 2019, as follows:
Article 1: Approving the business performance in 2018; the financial statements in 2018 audited by RSM Vietnam and the business plan for 2019.
Business performance in 2018:
- Total revenue: 723,349 million dongs
- Profit before tax: 46,584 million dongs
- Profit after tax: 43,352 million dongs
- Dividend rate: 9%
Business plan for 2019:
- Total revenue: 1,213,085 million dongs
- Profit after tax: 42,000 million dongs
- Dividend rate: 5%
Article 2: Approving the report of the Board of Directors.
Article 3: Approving the report of the Board of Supervisors.
Article 4: Approving the profit distribution plan for 2018:
|
No.
|
Item
|
Amount
(dongs)
|
|
1
|
Remaining profit of previous years
|
103,542,718,612
|
|
2
|
Profit after tax in 2018
|
43,352,318,851
|
|
3
|
Total profit after tax until 12/31/2018
|
146,895,037,463
|
|
4
|
Profit distribution
|
|
|
|
a. Bonus fund
|
1,300,569,566
|
|
|
b. Welfare fund
|
867,046,377
|
|
|
c. Cash dividend payment for 2018
|
73,740,629,700
|
|
|
- 9%/charter capital (900 dongs for a share)
|
|
|
|
|
40,967,016,500
|
|
|
- The remaining dividend (4%) will be paid in August 2019
|
32,773,613,200
|
|
5
|
Undistributed profit
|
70,986,791,820
|
Article 5: Approving to authorize the Board of Directors to choose one of three audit firms below for auditing the listed company's financial statements in 2019:
- RSM Vietnam;
- AAC;
- PKF Vietnam.
Article 6: Approving the remuneration of the Board of Directors and the Board of Supervisors, Company secretary in 2019.
Article 7: Approving that the Chairman of the Board of Directors concurrently holds the position of CEO.
Article 8: This resolution shall take effect from May 30, 2019.