SDB: Results of Annual General Meeting of Shareholders
SDB: Results of Annual General Meeting of Shareholders
Song Da 207 JSC (HNX: SDB) has disclosed the results of its Annual General Meeting of Shareholders held on 29/06/2011. The following resolutions were approved:
1. Report of Operating result of 2010 and Plan of 2011
| Unit: VND | |||
|
Items |
Result of 2010 |
Plan of 2011 | |
|
Result |
% of plan | ||
| 1. Operating value |
499,698,270,000 |
108.6 |
562,967,000,000 |
| - Construction trading |
442,967,000,000 | ||
| - House trading |
120,000,000,000 | ||
| 2. Total assets |
423,327,920,672 |
||
| - Short-term assets |
356,874,500,964 |
||
| - Long-term assets |
66,453,419,708 |
||
| 3. Total of resources |
423,327,920,672 |
|
|
| - Liabilities |
346,761,596,628 |
||
| - Owner’s equity |
76,566,324,044 |
||
| 4. Revenue |
445,255,963,075 |
104.25 |
556,041,000,000 |
| 5. Profit before tax |
13,540,263,467 |
85.64 |
22,188,000,000 |
| 6. Income tax (25%) |
3,385,065,867 |
||
| 7. Profit after tax |
10,155,197,600 |
|
|
| - Reserve fund (5%) |
507,759,880 |
||
| - Fund of Reward and Welfare |
1,015,519,760 |
||
| - Fund of Investment and Development |
3,131,917,960 |
||
| 8. Average income (VND million/person/month) |
5.5 |
6.055 | |
| 9. Charter capital |
110,000,000,000 | ||
| 10. Dividend payment |
5,500,000,000 |
12% | |
| - Payment in advance (8%/ VND billion 55) |
4,400,000,000 |
||
| - Second payment (1%/VND billion 110) |
1,100,000,000 |
||
| 11. Investment plan |
165,578,000,000 | ||
| - Real estates |
110,727,000,000 | ||
| - Office facilities |
54,851,000,000 | ||
2. Electing Mr. Tran Viet Son to be General Manager
3. Others
4. Choosing auditor of 2011: assigned BOD to choose
5. Payment for BOD and Supervisory Board
Result of 2010
|
No. |
Position |
Persons |
Average (VND/month) |
Months |
Total |
|
1 |
Chair of the Board |
1 |
6,000,000 |
8 |
48,000,000 |
|
2 |
Directors |
4 |
4,000,000 |
12 |
192,000,000 |
|
3 |
Chief of Supervisory Board |
1 |
4,000,000 |
12 |
48,000,000 |
|
4 |
Members of Supervisory Board |
2 |
3,000,000 |
12 |
72,000,000 |
|
5 |
Secretary of BOD |
1 |
2,000,000 |
12 |
24,000,000 |
Plan of 2011
| No. | Position | Average (VND/month) |
|
1 |
4,000,000 | |
|
2 |
Chief of Supervisory Board |
4,000,000 |
|
3 |
Members of Supervisory Board |
3,000,000 |
|
4 |
Secretary of BOD |
2,000,000 |
6. Result of seasoned issue to increase charter capital
- Total of offerred shares volume: 9,500,000 shares
- Total of offerred shares value: VND 95,000,000,000
- Total of sold shares volume: 5,500,000 shares (57.8% of offerred shares)
- Total of sold shares value: VND 55,000,000,000
- Total of charter capital following seasoned issue: VND 110,000,000,000
- Total of shares following seasoned issue: 11,000,000 shares
7. Changing in business registration
- Registered charter capital: VND 55,000,000,000
- New charter capital: VND 110,000,000,000
- Method of capital increase: seasoned issue
- Date of capital increase: 08/04/2011
- New distributed structure:
|
No. |
Name |
No. of shares |
Value |
% |
|
1 |
Song Da No.2 JSC Representative: Mr. Ho Van Dung |
1,200,000 |
12 |
10.9 |
|
2 |
FPM Ltd., Representative: Ms. Tran Thi Kim Thanh |
180,000 |
1.8 |
1.6 |
|
3 |
Mr. Pham Ngoc Dung |
300,000 |
3 |
2.73 |
|
4 |
Mr. Tran Viet Son |
400,000 |
4 |
3.64 |
|
5 |
605 other shareholders |
8,972,000 |
89.2 |
81.09 |
| Total |
11,000,000 |
110 |
100 |
8. Changing in the charter
|
No. |
Charter |
Change |
Explain |
|
1 |
Article 5, Item 1: “The Company’s charter capital at the time 30/09/2009 was VND 55,000,000,000. Total of charter capital was divided into 5,500,000 shares with value VND 10,000 per share. | Article 5, Item 1: “The Company’s charter capital at the time 08/04/2011 was VND 110,000,000,000. Total of charter capital was divided into 11,000,000 shares with value VND 10,000 per share. | Increase charter capital |
|
2 |
Article 20: Approving decision of General Meeting of shareholders (without Item 3) | The contents of decision of General Meeting of shareholders in Item 1 and 2 could be approved by a ballot following decision of BOD. The procedures will be follow the Article 21 of the charter. | Addition: to allow General meeting of shareholders could be approve though a ballot |
|
3 |
Article 21, Item 4: Answered papers must be signed by shareholders as a invidual, a representative or a legal representative of a institution. The papers must be contained in closed envelop and not allowed to open before vote counting time. The papers were received after deadline or opened are not qualified. | Answered papers must be signed by shareholders as a invidual, a representative or a legal representative of a institution. The papers could be sent by post or fax, the posted ones must be contained in closed envelop and not allowed to open before vote counting time. Only the papers were received on time are qualified. At the vote counting time, the unreturned papers will be agreed ones of the ballot. | To ensure the rights of shareholders and follow the law. |
|
4 |
Article 21, Item 8: Decisions were approved though a ballot have the same value to the ones in general meeting of shareholders | Decisions were approved though a ballot have the same value to the ones in general meeting of shareholders if there is at least 75% of total votes agrees. | To ensure the rights of shareholders and follow the law. |
hnx
DCC: The record date for the 2011 annual shareholders’ meeting
30/07/2011 08:28
STG: Resolution of extraordinary shareholders’ meeting 2011
12/07/2011 23:49
