(23/04/2014)

On April 18th, 2014, DOMESCO Medical Import Export Joint Stock Corp. successfully organized the Annual General Meeting of Shareholders 2014 and other issues at the Hall of Nha Van Hoa Lao Dong of Dong Thap Province. There are 201 shareholders and representatives of shareholders attending the Meeting, representing 24.022.246 shares, accounting for 89,92% of the total shares of the company with 273 unanimous votes at the Meeting.


The Annual General Meeting of Shareholders 2014


The General Meeting officially disclosed the following contents: Report on activities of the Board of Management in the second term (2009-2013); Report on the results of operation in 2013 - the second term (2009-2013); Business - production plan in the third term (2014 -2018); Report on the audited financial statement in 2013; Report on activities of the Inspection Committee - the second term (2009-2013) and the plan in 2014; Profit allocation in 2013, proposal for profit allocation in 2014; Voting for the BOM and Inspection Committee for the third term (2014-2018).          

DOMESCO Company has focused on many strategies including 2 core strategies namely Comprehensive costs reduction strategy and differentiation strategy in order to increase the value of product and customer service with the motto is to completely eliminate adverse factors for business. As the plan in 2013, turnover increased 11% and profit after tax had to increase 15%. With all the efforts, DOMESCO completed the planned targets, especially, revenue and profit reached and exceeded in comparison with 2013, including:

- Net revenue reached 102% compared to the plan and increased 13,4% in comparison with the same period;

- Profit after tax reached 101% compared to the plan and increased 16,2% in comparison with the same period;

- Net profit ratio on revenue increased from 7,24% in 2012 to 7,42% in 2013.

Besides, the General Meeting voted members of the Board of Management and Inspection Committee in the third term (2014-2018) after the Board of Management and Inspection Committee in the second term (2009 - 2013) had declared out of their office.

Members of the Board of Management in the third term (2014-2018) are as follows:

    1)  Mr. Nguyen Chi Thanh                                   ---  Chairman

2)  Mr. Alejandro Esteban Weinstein Manieu  ---  Vice-chairman

3)  Mr. Huynh Trung Chanh                                 ---  Member

4)  Ms. Luong Thi Huong Giang                         ---  Member

5)  Mr. Nguyen Van Hoa                                       ---  Member

6)  Mr. Jose Guillermo Frugone Domke           ---  Member

Members of the Inspection Committee in the third term (2014 - 2018) are as follows:

    1)  Mr. Nguyen Phi Thuc                                       ---  Head of the Inspection Committee

2)  Ms. Huynh Thi To Quyen                                ---  Member

3)  Mr. Phan The Thanh                                        ---  Member

4)  Mr. Tran Thai Thanh                                         ---  Member

5)  Ms. Servane Marie Amelie Gorgiard             ---  Member

Members of the Board of Management and Inspection Committee in the third term (2014 - 2018)

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