Viglacera annual general meeting of shareholders: 2018 will fundamentally change bong da so du lieu ownership of capital, plan to shift listing to HOSE

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

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

Viglacera Annual General Meeting of Shareholders in 2018

2017 confirmed bong da so du lieu optimal strength of Viglacera when bong da so du lieu Corporation first reached bong da so du lieu combined profit before tax of 1,074 billion VND.

In 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 bong da so du lieu results of major targets in 2017 reached and exceeded bong da so du lieu plan approved in bong da so du lieu AGM on 25 April 2017.

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

bong da so du lieu profit/equity rate of bong da so du lieu parent company in 2017 was 9.6%; basic earnings per share was 1.585 VND, bong da so du lieu dividend payout ratio of 2017 was 9.5%, an increase of 0.5% as approved by bong da so du lieu AGM.

bong da so du lieu Presidium

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

In 2018, a major change in ownership of capital - bong da so du lieu State will only hold 36% in Viglacera

Building on bong da so du lieu strengths achieved in 2017, Viglacera implements stable and sustainable development strategies and business targets are set higher for all areas of operation compared to 2017. According to bong da so du lieu plan approved at bong da so du lieu 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 bong da so du lieu content of bong da so du lieu report to bong da so du lieu 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 in some factories; and improves bong da so du lieu productivity, quality and design of bong da so du lieu products at bong da so du lieu subsidiaries.

For bong da so du lieu real estate sector: Following bong da so du lieu direction of bong da so du lieu Government, Viglacera will focus on investing in worker housing, social housing, industrial park projects and resort real estate. Viglacera is expected to invest in worker housing in Bac Ninh, Binh Duong and Vung Tau; invest in two new industrial parks: Yen My - Hung Yen IP and Yen Phong II-C IP in Bac Ninh, while preparing for investment in 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 in bong da so du lieu production of sanitary wares, tiles; industrial park development in Mariel Special Development Zone; hotel investment, resort villas for sale and golf course in Cuba. These are potential projects and will open up many opportunities for Viglacera in Cuba.

bong da so du lieu Chairman of bong da so du lieu Management Board, Mr. Luyen Cong Minh received comments on bong da so du lieu content of bong da so du lieu Congress

With bong da so du lieu divestment of 36%, Viglacera will have a fundamental change in ownership and involvement of investors in management,contributing to bong da so du lieu development of Viglacera Corporation to new heights.

General Director Nguyen Anh Tuan responded to shareholder inquiries about Viglacera's investment plan in Cuba

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

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