VCS:Corporate Governance report (year 2012)
CORPORATE GOVERNANCE
(Year 2012)
Company:VICOSTONE JSC
Address:Hoa Lac Industrial zone, Thach Hoa, Thach That, Hanoi.
Tel.:0433 68 58 27Fax:0433 68 66 52
Email:
Charter capital: VND529.992.510.000
Stock code: VCS
I. BOD Activities
Meetings:
No. / Members of BOD / Title / Attendance / Rate / Reasons for not attending1 / Ho Xuan Nang / Chair of the Board / 20/20 / 100
2 / Nguyen Duc Luu / Director / 17/20 / 100
3 / Luu Cong An / Director – Deputy Manager / 20/20 / 100
4 / Pham Tri Dung / Director – Deputy Manager / 16/20 / 80 / On a business trip
5 / Nguyen Huu Chuong / Director / 20/20 / 100
II. Board Resolutions (year 2012)
No. / Board Resolution No. / Date / Content1 / 01/2012 NQ/VCS-HĐQT / 04/01/2012 / Appointment of Mr. Ngo Manh Quan as General Manager
2 / 01/2012 NQ/VCS-HĐQT / 19/01/2012 / Approval of project Expansion of VICOSTONE JSC
3 / 01/2012 NQ/VCS-HĐQT / 16/02/2012 / Dividend payment and AGM of shareholders 2012
4 / 01/2012 NQ/VCS-HĐQT / 16/03/2012 / Plan of operation and document for AGM 2012
5 / 01/2012 NQ/VCS-HĐQT / 09/04/2012 / Appointment of General Manger (Mr. Nguyen Quoc Truong)
6 / 01/2012 NQ/VCS-HĐQT / 10/04/2012 / Authorized bank account holder
7 / 01/2012 NQ/VCS-HĐQT / 09/05/2012 / Extraordinary General Meeting of shareholders 2012
8 / 01/2012 NQ/VCS-HĐQT / 10/05/2012 / Project of houses for staff
9 / 01/2012 NQ/VCS-HĐQT / 24/05/2012 / Time for Extraordinary General Meeting
10 / 01/2012 NQ/VCS-HĐQT / 27/06/2012 / Selection of auditors for FS 2012
11 / 01/2012 NQ/VCS-HĐQT / 28/06/2012 / Appointment of staff
12 / 01/2012 NQ/VCS-HĐQT / 09/07/2012 / Regulation on salary and bonus of VICOSTONE JSC
13 / 01/2012 NQ/VCS-HĐQT / 28/07/2012 / Guarantee short-term loans of Style Stone JSC in Vietinbank – Branch Hanoi
14 / 01/2012 NQ/VCS-HĐQT / 30/07/2012 / Appointment of staff
15 / 01/2012 NQ/VCS-HĐQT / 06/08/2012 / Restructure of distributed capital in subsidiaries and associated companies
16 / 01/2012 NQ/VCS-HĐQT / 18/08/2012 / Purchasing shares and appointment of representative of contributed capital in VINADECOR., JSC
17 / 01/2012 NQ/VCS-HĐQT / 08/09/2012 / Dismiss of Deputy General Manager (Mr. Nguyen Hai An)
18 / 01/2012 NQ/VCS-HĐQT / 18/10/2012 / Appointment of Deputy Head of Finance and Accountant Dept.
19 / 01/2012 NQ/VCS-HĐQT / 03/11/2012 / Investment in improving production line of Vicostone company
20 / 01/2012 NQ/VCS-HĐQT / 01/12/2012 / Change in structure of representative of contributed capital in subsidiaries and associated
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 / Reasons1 / Nguyen Hai An / Deputy General Manager / 05/10/2010 / 08/09/2012
2 / Tran Thi Thu Huong / Connected person / 05/10/2010 / 08/09/2012
3 / Nguyen Anh Ngoc / Connected person / 05/10/2010 / 08/09/2012
4 / Nguyen Thi Tinh / Connected person / 05/10/2010 / 08/09/2012
5 / Nguyen Yen Chi / Connected person / 05/10/2010 / 08/09/2012
6 / Nguyen Hai Vu / Connected person / 05/10/2010 / 08/09/2012
7 / Nguyen Hai Yen / Connected person / 05/10/2010 / 08/09/2012
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 / Note1 / Ho Xuan Nang / 044C348589 / Chair of the Board / 362,844 / 0.68%
2 / Nguyen Quoc Truong / 044C084556 / General Manager / 65,155 / 0.12%
3 / Luu Cong An / 044c004236 / Director – Deputy General Manger / 79,236 / 0.15%
4 / Pham Tri Dung / 044C084007 / Director – Deputy General Manger / 89,034 / 0.17%
5 / Luong Xuan Man / 044C084909 / Deputy General Manger – Chief accountant / 109,847 / 0.21%
6 / Nguyen Nhu Nguyen / Deputy General Manger / 7,124 / 0.01%
7 / Ngo Manh Quan / Deputy General Manger / - / -
8 / Nguyen Duc Luu / 074C001838 / Director / 49,286 / 0.09%
9 / Nguyen Huu Chuong / 044C084008 / Director / 126,035 / 0.24%
10 / Do Quang Binh / 044C084013 / Member of the Supervisory Board
11 / Nguyen Xuan An / 044C084344 / Member of the Supervisory Board / 26,924 / 0.05%
12 / Tran Dang Loi / 001C115724 / Chief of the Supervisory Board / 15,695 / 0.03%
13 / Style Stone JSC / Subsidiary / - / -
14 / VICO JSC / Subsidiary / - / -
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
1 / Red River Holding / Principal shareholder / 8,969,315 / 16.92% / 9,781,215 / 18.46% / Buy
2 / Ho Xuan Nang / PDMR / 1,212,844 / 2.28% / 362,844 / 0.68% / Sell
3. Other transactions