CYC: Resolution of the shareholders’ annual meeting
Chang Yih Ceramic Joint Stock Company (CHANG YIH CERAMIC) has announced resolution of the shareholders’ annual meeting as follows:
Article 1: Informing the 2012 audited financial reports:
- Net revenue: 302,697,394,177 dongs
- Gross profit: 47,676,686,124 dongs
- Total profit before tax: 3,786,561,973 dongs
- Profit after tax: 2,140,287,915 dongs
- EPS: 237 dongs
Article 2: AGM approved remuneration of the Board of Directors, the Board of Supervisors in 2012:
- Remuneration of the Board of Directors in 2012: VND1,000,000,000
- Remuneration of the Board of Supervisors in 2012: VND200,000,000
Article 3: Profit distribution: Keeping 100% profit and not distributing it into funds and 2012 dividends.
Article 4: AGM approved to choose the DFK Viet Nam audit firm for 2013 financial statements.
Article 5: Approving the 2013 business plans:
1. The 2013 business plans:
- Total production: 4,000,000 m2
- Net revenue: 330,000,000,000 dongs
- Total profit after tax: 10,000,000,000 dongs
2. Investment:
- Construction: USD100,000
- Buying of machinery and equipment: USD500,000
3. Financial:
- Short term loan limits: VND100,000,000,000
- Medium-term loan limits: USD100,000
- Other loan: USD100,000
- The company will pay USD1,000,000 to the parent company
Article 6: Approving The CEO continues keeping the CEO cum the Chairman of the BOD.
Article 7: Approving the resignation of Ms. Do Thi Anh Tuyet as a member of the BOD
Article 8: Approving to elect member of the BOD in the term 2013-2016:
- Mr. Hung Kuang Ching
Article 9: The BOD will implement the resolution and the resolution is valid as from June 25 2013.
HOSE
