VST: Corporate Governance report 2015

CORPORATE GOVERNANCE

2015

Company:Vietnam Sea Transport and Chartering Joint Stock Company

Address: 428 Nguyen Tat Thanh, Commune 18, district 4, Ho Chi Minh City

Tel.:(08) 39404271

Fax:(08) 39404711

Email:

Charter capital: VND 589,993,370,000

Stock code: VST

I. BOD Activities 2015

Meetings:

No. / Members of BOD / Title / Attendance / Rate / Reasons for not attending
1 / Huynh Hong Vu / Chairman / 2 / 100%
2 / Truong DInh Son / Deputy Chairman / 2 / 100%
3 / Huynh Nam Anh / Director / 2 / 100%
4 / Pham Thi Cam Ha / Director / 2 / 100%
5 / Nguyen Minh Cuong / Director / 2 / 100%

II. Board Resolutions 2015

No. / Board Resolution No. / Date / Content
1 / 01/QD-HDQT / 29/01/2015 / Establish the Organizing Committee for Annual General Meeting of Shareholder 2015
2 / 02/QD-HDQT / 01/04/2015 / Raise the salary scales for staffs 2014
3 / 03/NQ-HDQT / 01/04/2015 / Meeting of Board of Directors on 30/03/2015
4 / 04/QD-HDQT / 02/04/2015 / Dismiss staffs
5 / 05/NQ-HDQT / 23/04/2015 / Resolution on the plan of coordinating to invest in the project “Zone II- No. 429, Nguyen Tat Thanh, Commune 18, district 4, Ho Chi Minh City” of the Company and Lancaster Trung Thuy Co., Ltd.
6 / 06/QD-HDQT / 23/04/2015 / Decision on divesting capital in Phuong Dong import-export and maritime services supplying Joint Stock Company
7 / 07/NQ-HDQT / 24/04/2015 / Annual General Meeting of Shareholder 2015
8 / 08/QD-HDQT / 20/05/2015 / Appoint staff
9 / 09/NQ-HDQT / 20/05/2015 / Resolution on permanently stopping the project “investing in purchasing and building cargo ships with the tonnage of 56,200 DWT, mark F56-NT02
10 / 10/QD-HDQT / 18/06/2015 / Temporarily suspend the branch of the Company from operation
11 / 11/QD-HDQT / 23/06/2015 / Appoint the capital representative of the Company in Phuong Dong import-export and maritime services supplying Joint Stock Company
12 / 12/QD-HDQT / 24/06/2015 / Appoint the capital representative of the Company in Tan Thuan Lancaster Co., Ltd
13 / 13/NQ-HDQT / 10/7/2015 / Plan on cooperating in project investment of Vitranschart JSC and Trung Thuy Lancaster Ltd
14 / 14/QD-HDQT / 23/07/2015 / Appoint the capital representative at Tan Thuan Lancaster Ltd
15 / 15/NQ-HDQT / 27/08/2015 / Meeting
16 / 16/QD-HDQT / 28/08/2015 / Appoint Mrs. Pham Thi Cam Ha as General Manager
17 / 17/NQ-HDQT / 03/09/2015 / Transfer the project Storehouse Nhon Binh – Quy Nhon
18 / 18/QD-HDQT / 08/09/2015 / Change the representative
19 / 19/NQ-HDQT / 29/09/2015 / Approve the final expense of the project “invest in buying and completing the ship with capacity 56,200 DWT, signature F56 – NT02”
20 / 20/NQ-HDQT / 13/10/2015 / Approve the policy of dealing with debts and guarantee asset at MSB
21 / 21/QD-HDQT / 21/10/2015 / Appoint people to go on business
22 / 22/QD-HDQT / 26/10/2015 / Issue the regulation of finance
23 / 23/QD-HDQT / 26/10/2015 / Issue the regulation of debt management
24 / 24/NQ-HDQT / 30/10/2015 / Meeting
25 / 25/QD-HDQT / 28/12/2015 / Approve the price of the project Storehouse Nhon Binh – Quy Nhon
26 / 26/QD-HDQT / 31/12/2015 / Increase the salary scale
27 / 27/QD-HDQT / 31/12/2015 / Increase the salary scale of professional

III. Change in connected persons/ institutions

No. / Name of connected persons/institutions / Trading account (if any) / Position of PDMR at the company (if any) / Date to become connected persons/ institutions / Date no longer connected persons/ institutions / Reasons

IV. Transactions of PDMRs and connected persons/ institutions

1. List of PDMRs and connected persons

No. / Name / Trading account (if any) / Position of PDMR at the company (if any) / Shareholding at the end of the term / Shareholding percentage at the end of the term / Note
1 / Huynh Hong Vu / Chairman / 45,475 / 0.0771
Vu Thi Lien Huong / Connected person / 29,500 / 0.05
2 / Truong DInh Son / Deputy Chairman / 2,975,078 / 5.043
3 / Huynh Nam Anh / Director / 96.962 / 0.1643
4 / Pham Thi Cam Ha / Director / 117,248 / 0.1987
Nguyen Gia Hien / Connected person / 9,000 / 0.0153
5 / Nguyen Minh CUong / Director
6 / Nguyen Thi Hien / Chief of Supervisory Board / 4,720 / 0.0080
Le Phan Linh / Connected person / 7,000 / 0.0120
7 / Nguyen Thi Bang Tam / Member of Supervisory Board / 10,620 / 0.0180
8 / Hoang Thi Thanh Phuong / Member of Supervisory Board
Diep Van Bay / Connected person / 40,000 / 0.0678
9 / Duong Dinh Ninh / Deputy General Manager / 20,207 / 0.0342
Tu Thi Cuc / 1,622 / 0.0027
10 / Mai Thi Thu Van / Chief Accountant / 8002 / 0.0136
Nguyen Thi Ai Minh / Connected person / 1,000 / 0.0017
Phan Van Phuc / Connected person / 1,700 / 0.0029%
Mai The Anh / Connected person / 2,500 / 0.0042%
Mai The Dung / Connected person / 7 / 0
11 / Dam Thi Thu Hoa / Information disclosure officer / 18,800 / 0.0319%

2. Transactions of PDMRs and connected persons/ institutions

No. / Name / Relation with PDMR / Shareholding at the beginning of the term / Shareholding at the end of the term / Reason (buy, sell, transfer, dividend, bonus share...)
Share / Percentage / Share / Percentage

3. Other transactions

V. Other contents