36 Tây Thạnh Str., Tây Thạnh ward, Tân Phú Dist., Hồ Chí Minh City.
Tel : (08) 38.153.962 Fax: 38.152.757 – 38 154 008
No.: /TB-TCG-ISDHo Chi Minh City, March 31st, 2011
ANNOUNCEMENT
Ref: nomination, candidature of Board of Directors, Inspection Committee in tenure 2011 - 2016
In 2011 Annual General Shareholder’s Meeting (GSM), shareholders will make an election for member of Board of Directors (BoD), Inspection Committee (IC) for the tenure 2011 - 2016, therefore BoD of Thanh Cong would like to announce related contents and procedure as follows:
1. Number of BoD, IC for the tenure 2011 – 2016 for submitting GSM
07 (seven) members of BoD.
03 (three) members of IC.
2.Criteria and conditions of member of BoD, IC
2.1. Members of the BoD must meet the following criteria and conditions:
a. From twenty one (21) years of age and over; have full capacity for civil acts and not to be prohibited from management of enterprises by the Laws;
b. Meeting one of two following conditions:
Individual Shareholders owning at least five (05) per cent of the total number of shares of the Company, or authorized representative of organizational Shareholders owning at least five (05) per cent of the total number of shares of the Company; or
Having professional qualifications and practical experience in corporate management or experience for at least five (05) years in textile-garment.
2.2. Members of the IC must meet the following criteria and conditions:
a. Being at least of twenty one (21) years of age, with a full capacity of civil acts and not
falling within the scope of subjects not permitted to establish and manage companies
in accordance with the laws;
b. Not being wife or husband, father, adoptive father, mother, adoptive mother, children,
adopted children, siblings of any member of the BoD, the General director of Thanh Cong.
c. Having professional qualifications and practical experience in accounting job. Not being the employee in accountant, financial department of the Company itself and the member or employee of the outside independent auditing company, who are implementing to audit the financial statement of the Company.
3.Right of nomination – candidature BoD, IC’s member
Shareholders or group of Shareholders holding numbers of shares for at least six (06) consecutive months are entitled to nominate, candidate person to be elected as member of the BoD, IC as the following rates:
a.From five per cent (05%) and less than ten per cent (10%) of the total common shares are entitled to nominate one (01) person;
b. From ten per cent (10%) and less than thirty per cent (30%) of the total common shares are entitled to nominate two (02) people;
c. From thirty per cent (30%) and less than fifty per cent (50%) of the total common shares are entitled to nominate three (03) people;
d. From fifty per cent (50%) and less than sixty per cent (65%) of the total common shares are entitled to nominate four (04) people;
e. From sixty five per cent (65%) or more of the total common shares are entitled to nominate enough people.
4.Documents for nomination, candidature
4.1. Form of Letter of nomination or candidature enclosed with this Announcement.
Incase shareholder is an organization, Letter of nomination is signed by legal representative and make a seal of such organization.
4.2.Following documents (true copy) must be attached with Letter of nomination or candidature: ID or PP, Permanent residence certificate, certificates relate to education level and professional skill of nominated person or candidate.
4.3.Form of CV of candidate with confirmation of current working place.
4.4.Document prove history of purchasing TCM share is confirmed by securities company where shareholder open trading account.
* Caution notice:
In order to avoid any confusion, we would like to give shareholders who want to nominate, candidate following caution notice:
Be explained about 2 conditions again: the holding numbers of shares as no.3 above for at least six (06) consecutive months up to the time of closing date for GSM.
Incase shareholder doesn’t understand clearly about related laws and Charter, please contact the Company Secretary as contact information below.
Shareholder would like to have all responsibilities about the honesty, accuracy of information that they provide if it’s not in accordance with the laws and Charter.
Please send Document for nomination, candidature before 4pm of April 20th, 2011 as address:
THANH CONG TEXTILE GARMENT INVESTMENT TRADING JSC.
Add: 36 Tây Thạnh str., Tây Thạnh ward, Tân Phú dist., HCM city.
Tel: (08)38.153.962 – 0909.746.324 (Ms.Sa) - Fax: (08)38.152.757
This Announcement and related documens, forms is updated on website as
On behalf of the BoD
The Chairman