LILAMA Corporation held successfully the Annual General Meeting of Shareholders year 2024

Guests attending the Meeting are representatives from the Ministry of Construction (MOC) including Mr. Nguyen Phuc Huong – Deputy Director General of Financial and Planning Department, ad Mr. Do Duy Hien - Deputy Director General of Personnel and Organization Department; attendees from LILAMA were Mr. Bui Duc Kien – Chaiman of Board of Management (BOM) as the chairman of the Meeting, Mr. Le Van Tuan – President & CEO and Member of BOM, Mr. Nguyen Huu Thanh – Deputy Executive President and Member of BOM, Mr. Nguyen Manh Dung - Deputy Executive President, Mr. Tran Vu Vuong – Member of BOM, Members of Boards of Supervision, Secretary, Vote Counting; and LILAMA’s shareholders.

At the Meeting, the shareholders listened to presentations  of BOM’s Report of the Company Performance for the year 2023 and Business Plan for the year 2024, CEO’s Report of the Company Performance for the year 2023 and Business Plan for the year 2024, Supervision Board’s Report of the Company Performance for the year 2023 and Business Plan for the year 2024, and other important documents.

Particularly, the income of the year 2023 gained 5,013.3 billion VND (equal to 103.8% in comparison to the year plan), the earning before tax gained 58.6 billion VND (equal to 162.8% in comparison to the year plan), and submitted the State budget with 81.7 billion VND.

 Mr. Nguyen Phuc Huong – MOC Deputy Director General of Financial and Planning Department makes speech at the Meeting

In 2023, LILAMA’s BOM kept on intensifying the work of financial inspection and supervision within the Corporation and subcompanies such as checking, collating, categorizing the receivables and liabilities, focusing on recovering public debts, disposing stocking in order to enhance the effectiveness of business performance as well as secure financial safety and soundness, while to make periodic inventory which all would be the basis of the establishing the company’s financial statement report for auditing. In addition, under the authority and responsibility assigned, the BOM held 57 meetings on opinion’s voting, issued 105 resolutions, 30 decisions and other important document relating to orientation making and comprehensive direction on every aspect of operation.

Mr. Bui Duc Kien – Chaiman of Board of Management (BOM) addressed speech at the Meeting

Implementing Resolution of the Annual General Meeting 2023, the BOM had issued the Resolution No. 263/NQ-HDQT on November 7^th 2023 on paying dividends on cash for the year 2022 with the rate of 1% per share (1 share for 100 VND), equal to 7,972,610,400 VND, in which 7,803,240,400 VND was submitted to the MOC for the State budget in December 2023. On the basis of assessing advantages and difficulties of the economy, circumstance of existent and potential projects/works, factors affecting the market, and reality of business consideration, LILAMA built a performance plan for the year 2024 with targets expected to gain as follow: revenue at 4,880.0 billion VND equivalent to 97.3% in comparison to the plan implementation year 2023, earning before tax at 60.0 billion VND equivalent to 102.4% in comparison to the plan implementation year 2023, submitting the State budget 40 billion VND.

Mr. Nguyen Manh Dung - Deputy Executive President was elected Member of the Board of Management in term 2021-2026

Within the framework of the Meeting, there were two important contents involved including dismissing Mr. Nguyen Huu Thanh from position as member of BOM and electing for supplement Mr. Nguyen Manh Dung to be the new member term 2021-2026.

Representatives of MOC and LILAMA’s BOM presented flowers and took photograph with Mr. Nguyen Huu Thanh for farewell and Mr. Nguyen Manh Dung for congratulation

After the positive and efficient working session, shareholders agreed all contents of the reports and document presented in the Annual General Meeting year 2024 with 100% votes for approval, and highly seconded Mr. Nguyen Manh Dung to be a new member of BOM term 2021-2026.

The Annual General Meeting of Shareholders year 2024 was closed successfully at 11h40 a.m. in the same day.

Thảo Chi - Duy Tình - Đức Bảo