ILA: General Mandate 2018
On 23 Feb 2018, TRT Joint Stock Company announced General Mandate 2018 as follows:
Article 1: Approve report on results of business of 2017 and business plan 2018 as follows:
-Results of business operations of 2017:
+ Total revenue: VNF 205,929,819,441
+ Profit after tax: VND 17,738,125,128
Voting rate: 99.99%
-Business operations plan 2018
+ Total consolidated revenue: VND 350,000,000,000
+ Consolidate profit after tax: VND 30,000,000,000
Voting rate: 99.99%
Article 2: Approve report on activities 2017 of Board of Directors and plan 2018 (attached to the report).
Voting rate: 99.99%
Article 3: Approve financial statement 2017 audited by South Auditing And Accounting Financial Consulting Services Limited Liability Company (AASCs) (attached).
Voting rate: 99.99%
Article 4: Authorize Board of Directors to select one of following Audit firm as Audit firm for financial statement 2018 of TRT Joint Stock Company:
-South Auditing And Accounting Financial Consulting Services Limited Liability Company (AASCs)
-PKF Viet Nam Auditing Limited Liability Company
-Hochiminh City Auditing and Information Technology Services Limited Liability Company
Voting rate: 99.99%
Article 5: Approve profit after tax distribution plan 2017 and profit after tax distribution plan 2018 as follows:
- Profit after tax distribution plan 2017:
-Dividend payment: VND 10,000,000,000
-Create funds: No
-Retained earnings: VND 7,811,099,341
Voting rate: 99.99%
- Profit after tax distribution plan 2018
-Dividend payment (expected): VND 10,000,000,000
-Create funds: No
-Retained earnings: VND 20,000,000,000
Voting rate: 99.99%
Article 6: Approve remuneration payment plan for Board of Directors in 2017 and remuneration payment plan for Board of Directors in 2018.
Remuneration of Board of Directors (2017): VND 0
Remuneration payment plan for Board of Directors (2018): VND 200,000,000
Voting rate: 99.99%
Article 7: Approve remuneration payment plan for Board of Supervisors in 2017 and remuneration payment plan for Board of Supervisors in 2018.
Remuneration of Board of Supervisors (2017): VND 0
Remuneration payment plan for Board of Supervisors (2018): VND 200,000,000
Voting rate: 99.99%
Article 8: Approve amendment of charter of the Company (attached to submission)
Voting rate: 99.99%
Article 9:Purchase of treasury shares
-Purchase no more than 20% of total outstanding common shares of TRT Joint Stock Company to make treasury shares.
-The capital used to purchase treasury shares: according to regulations of existing laws
-Time and related issues: Authorize Board of Directors to decide.
Voting rate: 99.99%
Article 11: Approve internal policy on governance of TRT Joint Stock Company (attached to submission and draft policy)
Voting rate: 99.99%
Article 12: General meeting of Shareholders authorize Board of Directors of the Company to decide other issues under authority of General meeting of Shareholders until the replacement text issued
Article 13:Results of election of member of Board of Directors and Board of Supervisors (term 2014 – 2019)
- Board of Directors:
No. / Name / Number of votes / Rate
1 / Dang Xuan Huu / 8,022,651 / 100%
2 / Nguyen Hung Cuong / 8,022,616 / 100%
3 / Truong Nhi Ha / 8,002,616 / 100%
4 / Trieu Quang Phu / 8,002,616 / 100%
5 / Ho Van Cuong / 8,002,616 / 100%
- Board of Supervisors:
No. / Name / Number of votes / Rate
1 / Nguyen Thi My Tien / 8,005,637 / 100%
2 / Bui Bao Khanh Duy / 8,001,116 / 100%
3 / Tran Van Khanh / 8,001,116 / 100%
Article 14: This resolution approved by annual General meeting of Shareholders 2018 and took effect from 23 Feb 2018. General meeting of Shareholders assign Board of Directors and Board of Managers to implement this resolution.