keo bong da toi nay Viglacera annual general meeting of shareholders: 2018 will fundamentally change the ownership of capital, plan to shift listing to HOSE

On the morning of June 29, 2018, Viglacera Corporation-JSC held the Annual General Meeting of Shareholders 2018 at the National Convention Center - No. 2 Thang Long Avenue, Hanoi. Business activities results keo bong da toi nay 2017 has exceeded the targets of the General Assembly, especially for the first time, Viglacera reached the combined profit before tax of just over 1,000 billion VND. keo bong da toi nay order to continue implementing the strategy of sustainable development, the guidelines and policies of the Party, State and Government, keo bong da toi nay 2018, Viglacera will invest heavily keo bong da toi nay high-tech projects, environmentally-friendly - "green" projects and boost investment keo bong da toi nay the country as well as keo bong da toi nay Cuba. keo bong da toi nay addition, Viglacera sets its 2018 business targets higher than that of 2017, the parent company's profit will be over 11% and 9.5% for dividend payout.

With the high approval rate, the Annual General Meeting (AGM) approved the following main contents: Report of the Board of Management, Report of the Board of Directors on business results of 2017 and plan for 2018; Activities of the Board of Supervisors keo bong da toi nay 2017; State capital withdrawal plan of 36%; Roadmap to shift listing to HOSE.

Viglacera Annual General Meeting of Shareholders keo bong da toi nay 2018 

2017 confirmed the optimal strength of Viglacera when the Corporation first reached the combined profit before tax of 1,074 billion VND.

keo bong da toi nay 2017, Viglacera's Board of Management has promoted internal strength, management and implementation of innovation policies, system leadership, business efforts, safe and sustainable development with the results of major targets keo bong da toi nay 2017 reached and exceeded the plan approved keo bong da toi nay the AGM on 25 April 2017.

Consolidated profit before tax of the Corporation reached 913.8 billion VND, an increase of 8% compared to the plan approved by the AGM, a 19% increase compared to that keo bong da toi nay 2016; of which, profit before tax of the parent company reached 566.5 billion VND, an increase of 15% compared with the plan of the General Meeting of Shareholders, a 28% increase compared to the implementation keo bong da toi nay 2016.

The profit/equity rate of the parent company keo bong da toi nay 2017 was 9.6%; basic earnings per share was 1.585 VND, the dividend payout ratio of 2017 was 9.5%, an increase of 0.5% as approved by the AGM.

The Presidium 

keo bong da toi nay addition to the successes achieved keo bong da toi nay production and business activities, keo bong da toi nay 2017, Viglacera's brand was also confirmed by many awards keo bong da toi nay two main areas which are construction materials and real estate. Viglacera claimed runner-up keo bong da toi nay top trustworthy building materials companies keo bong da toi nay 2017, top 10 prestigious companies keo bong da toi nay the Real estate - Construction - Building materials,  top 500 the biggest companies keo bong da toi nay Vietnam VNR500, was honored the Vietnam Brand prize for the 9th consecutive time, and for the third time was awarded the prize from BID (Business Initiative Directions).

keo bong da toi nay 2018, a major change keo bong da toi nay ownership of capital - the State will only hold 36% keo bong da toi nay Viglacera 

Building on the strengths achieved keo bong da toi nay 2017, Viglacera implements stable and sustainable development strategies and business targets are set higher for all areas of operation compared to 2017. According to the plan approved at the AGM, Viglacera's consolidated pre tax profit for 2018 is 950 billion VND. Viglacera expects to maintain a cash dividend of 9.5% par value.

Shareholders vote for the content of the report to the General Assembly of Shareholders 

For building materials sector: Viglacera focuses on investment projects to add high-tech products, "green" products such as ultra-white glass, energy-saving glass, autoclaved aerated concrete, white body porcelain tiles; uses eco-friendly fuels keo bong da toi nay some factories; and improves the productivity, quality and design of the products at the subsidiaries.

For the real estate sector: Following the direction of the Government, Viglacera will focus on investing keo bong da toi nay worker housing, social housing, industrial park projects and resort real estate. Viglacera is expected to invest keo bong da toi nay worker housing keo bong da toi nay Bac Ninh, Binh Duong and Vung Tau; invest keo bong da toi nay two new industrial parks: Yen My - Hung Yen IP and Yen Phong II-C IP keo bong da toi nay Bac Ninh, while preparing for investment keo bong da toi nay Dong Van IV to expand and develop Van Hai Ecological Tourist Area.

For offshore investment: Viglacera continues to promote commercial cooperation, joint venture projects to invest keo bong da toi nay the production of sanitary wares, tiles; industrial park development keo bong da toi nay Mariel Special Development Zone; hotel investment, resort villas for sale and golf course keo bong da toi nay Cuba. These are potential projects and will open up many opportunities for Viglacera keo bong da toi nay Cuba.

The Chairman of the Management Board, Mr. Luyen Cong Minh received comments on the content of the Congress 

With the divestment of 36%, Viglacera will have a fundamental change keo bong da toi nay ownership and involvement of investors keo bong da toi nay management, contributing to the development of Viglacera Corporation to new heights.

General Director Nguyen Anh Tuan responded to shareholder inquiries about Viglacera's investment plan keo bong da toi nay Cuba 

keo bong da toi nay 2018, Viglacera continues to strive to maintain its leading position and keo bong da toi nay manufacturing construction materials and be a prestigious investor keo bong da toi nay the field of real estate investment. The Corporation continues to enhance its financial capacity, increase its business scale, and balance with the aim of ensuring the safety and health keo bong da toi nay all business activities of the whole Corporation, thus enhancing Viglacera's competitive and prestige position keo bong da toi nay the regional and international market.

Some other images at Viglacera Annual General Meeting of Shareholders 2018: