On April 20, 2019, BR - VT House Development Joint Stock Company (Security code: HDC) successfully organized the 2019 Annual Shareholders' Meeting.

The Meeting was held with the participation of 189 shareholders, representing 35,907,054 shares, accounting for 71.88% of the total number of voting shares of the Company, representatives of press agencies, investment funds and securities companies.

Mr. Doan Huu Thuan, Chairman of the Board and General Director of the Company gave  report about the production and business results in 2018 with the following main targets:

• Total output value: VND 1,090 billion (equal to 121% of the plan);
• Revenue: VND 715 billion (equal to 102% of the plan);
• Profit before tax: VND 130.7 billion;
• Submission to the state budget: VND 46.5 billion;
• Dividend rate: 15% in share.

In addition to production and business activities, the company also spends more than VND 900 million on funds to support social activities.

Mr. Doan Huu Thuan - Board of Directors and General Director of the company reported business results in 2018 and plan for 2019

In 2019, the Company continued to invest in projects such as Phu My Ecotown; Residence in West 3/2 street; Phu My social housing; deploy construction of technical infrastructure of Ocean project; deploy the project of The Light City housing area ... At the same time, the Company set the targets for 2019 as follows:

• Total output value: VND 1,200 billion;
• Total revenue: VND 800 billion;
• Profit before tax: VND 180 billion ;
• Dividend payment: 15% or more.
• Spending about 1 billion VND on social security activities.

All contents submitted to the meeting were reported and analyzed by the presidium of the congress president, and were discussed and voted by shareholders with high consensus (except for the content of dividend payment for 2018, some shareholders suggested not receiving dividends so that the company can focus on production and business activities, the content was approved with the rate of 86% of shareholders attending the meeting) the remaining contents were basically approved with the rate of 100%.

Mr. Le Quoc Trung - Representative of Viettinbank SC spoke at the Meeting. Shareholder Phan Van Nhan  made a speech at the Meeting.

Shareholders can view the minutes, resolutions of the meeting and the attached documents:

Minutes and Resolutions of AGM 2019, Document of AGM 2019.