Home News & Events Resolution of annual general meeting of shareholders Saigon J.S. Commercial Bank
Internet banking

Don't have an account? Sign up.

Customer Service Centre

Resolution of annual general meeting of shareholders Saigon J.S. Commercial Bank

  • Pursuant to the Law on Credit Institutions No.47/2010/QH12 approved by Vietnam National Assembly on June 16, 2010;
  • Pursuant to the Law on Enterprises No.68/2014/QH13, approved by Vietnam National Assembly on November 26, 2014;
  • Pursuant to the Charter of Saigon J.S. Commercial Bank;
  • Pursuant to the Minutes of the 2016 Annual General Meeting of Shareholders of Saigon J. S. Commercial Bank on 18 April 2017.

HAS RESOLVED

Article 1. the 2016 Annual General Meeting of Shareholders (AGM) agreed to approve the following Agenda items:

Agenda Item 1:The Report on Business Performance in 2016 and the Business Plan in 2017 of SCB.
The rate of votes in favour of this Agenda item: 98.53% of the votes cast by shareholders attending the Meeting

Agenda Item 2: The Board of Directors’ Report on Operation in 2016, in the tenure of 2012-2017 and management orientation in 2017.
The rate of votes in favour of this Agenda item: 98.52% of the votes cast by shareholders attending the Meeting

Agenda item 3: The Report on Board of Supervisors’ Operation in 2016, in the tenure of 2012-2017,  operation plan for 2017 and for the tenure of 2017-2022
The rate of votes in favour of this Agenda item: 98.51% of the votes cast by shareholders attending the Meeting

Agenda Item 4: The audited Consolidated Financial Statements 2016 as per the Document No.26/TT-SCB-HĐQT.17 dated 03/04/2017 of the BOD.
The rate of votes in favour of this Agenda item: 98.49% of the votes cast by shareholders attending the Meeting

Agenda Item 5:The Profit Distribution Scheme as per the Document No.27/TT-SCB-HĐQT.17 dated 03/04/2017 of the BOD.
The rate of votes cast in favor of this Agenda item: 98.42% of the votes cast by shareholders attending the Meeting

Agenda Item 6: The Remuneration package for the Board of Directors, the Board of Supervisors in 2017 as per the Document No.28/TT-SCB-HĐQT.17 dated 03/04/2017 of the BOD.
The AGM authorized the Board of Directors to decide and adjust the salary, other benefits of the members of the Board of Directors, the Board of Supervisors to ensure the most efficient corporate governance and report to the AGM in the next Annual General Meeting of Shareholders.
The rate of votes in favor of this Agenda item: 98.44% of the votes cast by shareholders attending the Meeting

Agenda Item 7: The operating expenses of the Board of Supervisors and Internal Audit of 2017 as per the Document No.24/TT-SCB-BKS.17 dated 03/04/2016 of the Board of Supervisors
The rate of votes cast in favour of this Agenda item: 98.43% of the votes cast by shareholders attending the Meeting

Agenda Item 8: Authorize the Board of Directors to decide on some issues that fall under the authority of the AGM as per the Document No.29/TT-SCB-HĐQT.17 dated 03/04/2017 of the BOD with details as follow:

  • Deciding on issues relating to SCB’s organizational and managerial structure; amending the internal regulations on the organization and operation of Board of Directors/Board of Supervisors.
  • Deciding to set up subsidiaries to expand SCB’s business in accordance with the legal regulations.
  • Deciding on issues relating to capital contribution, share purchase or disinvestment in other enterprises, credit institutions, with the value from 20% of SCB’s charter capital.
  • Deciding on issues relating to SCB’s investment, asset purchase/sale with the value from 20% of SCB charter capital stated in SCB’s latest audited financial statements.
  • Choosing and negotiating the cooperation agreements with domestic/foreign strategic partners to faciliate SCB’s development, contributing to strengthen the brandname and improve operational capability for coming years.
  • Approving contracts valued more than 20% of SCB’s charter capital stated in SCB’s latest audited financial reports with the members of the Boar of Directors,  the Board of Supervisors, CEO, major shareholders, related persons of the Board of Management/the Board of Supervisors, major shareholders; subsidiaries, affiliates of SCB.
  • Deciding on choosing the independent audit organization for auditing SCB’s 2018 financial reports
  • Deciding on changing/supplementing scope of business operation, changing SCB’s Charter to reflect the actual circumstances  and in compliance with legal requirements, implementing necessary procedures to issue and register SCB’s amended Charter with Government authorities.
  • Deciding on solutions to SCB’s major financial fluctuations.
  • Implementing the plan to raise the charter capital as approved and authorized by the 2015 AGM.
  • Preparing, supplementing, amending SCB’s restructuring scheme as per Government’s and SBV’s requirements and guidance.

The above authorization is valid during the period between 2 of  the AGM of 2016 and 2017 only

The rate of votes in favor of this Agenda item: 99.76% of the votes cast by shareholders attending the Meeting

Agenda Item 9: The number of members of the Board of Directors, the Board of Supervisors in the tenure of 2017-2022 as per the Document No.35/TT-SCB-HĐQT.17 dated 17/04/2017 of the BOD as follows:

  • 06 members of the Board of Directors
  • 01 independent member of the Board of Directors
  • 04 members of the Board of Supervisors

The rate of votes in favor of this Agenda item: 99.75% of the votes cast by shareholders attending the Meeting

Agenda Item 10:The persons elected members of the Boad of Directors for the tenure of 2017-2022 as follows:

  • Mr. Chiem Minh Dung
    The rate of votes in favor:  98.15%
  • Mr. Henry Sun Ka Ziang
    The rate of votes in favor:  97.72%
  • Ms. Nguyen Thi Phuong Loan
    The rate of votes in favor: 97.64%
  • Mr. Dinh Van Thanh
    The rate of votes in favor: 111.06%
  • Mr. Ta Chieu Trung
    The rate of votes in favor:  97.64%
  • Mr. Vo Tan Hoang Van
    The rate of votes in favor:  97.67%

Agenda Item 11: Mr. Nguyen Tien Thanh has been elected the independent member of the Board of Director for the tenure of 2017-2022.

The rate of votes in favor:  99.95%

Agenda Item 12: The persons elected members of the Boad of Supervisors for the tenure of 2017-2022 as follows:

  • Ms. Vo Thi Muoi
    The rate of votes in favor: 97.65%
  • Mr. Tran Chan Nam
    The rate of votes in favor: 97.67%
  • Ms. Pham Thu Phong
    The rate of votes in favor:  98.07%
  • Mr. Vu Manh Tuong
    The rate of votes in favor:  106.59%

Article 2: Implementation

This Resolution is unanimously adopted by the 2016 AGM of Saigon J. S. Commercial Bank on 18/04/2017 and will take effect from 18/04/2017.
The members of the Board of Directors, the Board of Supervisors, the Board of Management, the employees and all shareholders of the Saigon J.S. Commercial Bank shall be responsible for implementing this Resolution.

ON BEHALF OF THE GENERAL MEETING OF SHAREHOLDERS
CHAIRMAN OF THE MEETING                        

(Signed and stamped)                              

MR. DINH VAN THANH                             

Other news