On August 23rd, at White Palace Hotel, Annual Shareholders’ Meeting 2012 of Song Viet Corporation (VietTide Corporation) was formally and exactly held with progress, procedure and law with the attendance of many representatives and guests.
Hosted by Presidents Group, which includes: Mr. Ha Thanh Hung – Chairman of the Board, Mr. Pham Phu Truong – Member of the Board and Mr. On Duong – Permanent member of the Board, The Congress considered and approved these contents:
- Report business consequence in 2011 and business plan for 2012 and estimate business plan’s consequence in the fisrt half of 2012.
- Report and examine the financial situation of 2011.
- Statement examines Financial Report of 2011 that was audited and choosing an Audit unit in 2012.
- Statement about authorizing to Board of Directors to implement and decide some content which belongs to Shareholders’ Meeting ‘s competence during two sessions of Annual Shareholders’ Meeting.
- Statement about remuneration of the members of the Board, Control Board 2012 and remuneration plan of Board of Directors, Control Board in 2012.
The shareholders discussed, analyzed reports which were displayed by the Governing body. Congress was unanimous about the difficult economic situation in 2011 with the increasing inflation, exchange rate has strongly fluctuated, input commodity’s price and bank interest has remained high, the stock market has been gloomy for a long time. The shareholders expressed their satisfaction because of the effort of getting through struggles of Management and wholly of Song Viet employees, in a situation that there were a great number of businesses who was struggling with losing or bankruptcy, Song Viet attained huge result, executed duties to Government sufficiently, ensured shareholders’ benefit, took good care of employees’ life.
After voting, the Congress elected Shareholders’ Council and Control Board for 2012 term of office, contains:
President: Mr. Ha Thanh Hung
Vice President: Mr. Pham Phu Ngoc Trai
Member: Mr. Tran Phu Hoa
Member: Mr. Pham Phu Truong
Member: Mr. On Duong
- Mr. Truong Thanh Hiep
- Mr. Nguyen Viet Thuan
- Mrs. Tran Thi My