General Meeting of Shareholders of Bach Dang Import-Export Construction Joint Stock Company in 2014 – Second Term (2014-2019)admin
Mr Nguyen Huy Hoan – Chairman of members Council made a speech at the meeting
Mr Le Trung Kien – General Director of Bach Dang Construction Corporation cum Chairman of Management Board of the Company made a speech at the meeting
The report of management Board on implementation of Resolution of shareholders’ General meeting – first term (2009-2013) and target orientation for the second term (2014-2019); Report of inspection and supervision of Financial Control Board in 2013; Report of the Director of the Company on business and production plan in 2014 were passed at the meeting.
Accordingly, over 05 years of the first term (2009-2013), the business and production activities of the following year have been always growing higher than the previous year, the average growth rate of 30% / year, the average income of employees increased steadily over the years from 2.5 million VND / person / month (in 2009) to 2013 is 6.4 million VND / person / month. The annual dividend is 12% / year.
Mr Vu Quy Hai – Member of Management Board made report presentation at the meeting
Financial Control Board has made od inspection for supervision of the compliance with the provisions of the Enterprise Law, the Charter of organization and operation of the Company in management of business and production activities of the Company; timely propose solutions to help the Management Board in directing and controlling more efficiently.
Ms Do Thi Hang – Comptroller of the Company made report presentation at the meeting
al orientation and tasks of the second term (2014-2019) includes 02 stages:
In the period from 2014 to 2017: Construction sector is the main focus, especially in construction of infrastructure and transportation, the revenue proportion gradually decreased from 92% to 65%. Boosting import & export business, especially in labor export, ensuring revenue proportion gradually increased from 5% to 10%. During this period, the Company concentrates on the field of real estate business, striving to achieve 25% of revenue proportion in 2017.
In the period from 2018 to 2019: For construction: large-scale urban development Projects and southern markets; For labor export: Sustaining traditional markets, expansion into high-income markets such as EU, Korea, striving to reach 20% of revenue proportion in 2019. During this period, focusing on investment in producing materials for construction industry and building a strong brand of products on the market to achieve proportion from 5% -10% /year.
Mr Vu Thanh Phong – member of Management Board, Director of the Company made report presentation at the meeting
The nomination results of Management Board and Financial Control Board of the Company for the second term (2014-2019) were ratified with a vote of 100%.
The shareholders agreed to vote
Mr Vu Thanh Phong – Director of the Company granted presents and souvenirs to Management Board and Financial Control Board of the first term (2009-2013
Mr Le Trung Kien – General Director of the Corporation granted flowers to congratulate the Financial Control Board of the new term (2014-2019)