ANNUAL REPORT 2024
TOGETHER IN BELIEF, LEADING IN INNOVATION
222
223
Capital transactions with shareholders and distribution of dividends
OWNERS’ EQUITY (continued)
Contributed share capital
VND Current year
VND Previous year
Total VND Ending balance and beginning balance Ordinary shares VND
%
Issued share capital
1,507,879,460,000
Beginning balance
1,358,461,220,000
NC Vietnam Investment Company Limited
754,631,940,000
50.05
754,631,940,000
-
Increase
149,418,240,000
Sumitomo Forestry (Singapore) Ltd.
295,718,190,000
19.61
295,718,190,000
1,507,879,460,000
1,507,879,460,000
Ending balance
Whitlam Holding Pte. Ltd.
272,423,970,000
18.07
272,423,970,000
241,260,713,600
Dividends declared
254,963,082,200
Others
185,105,360,000
12.27
185,105,360,000
241,126,563,200
105,486,151,400
Dividends by paid cash
1,507,879,460,000 1,507,879,460,000
100.00
TOTAL
-
149,418,240,000
Dividends by shares
Share capital
Pursuant to the Decision No. 61-2024/QĐ-SXG dated 29 May 2024, the Chairman of An Cuong Wood-Working Manufacturing Company Limited approved the appropriation of bonus and welfare fund at the rate of 8% on profit after tax in the audited financial statements of the company in 2023, which is equivalent to VND 15,565,388,361 and the transfer of the entire remaining balance of the company's investment and development fund to bonus and welfare fund, which is equivalent to VND 10,694,826,873. Pursuant to the Decision No. 10-2024/QĐ-MLC dated 29 May 2024, the Chairman of Malloca Vietnam Company Limited approved the appropriation of bonus and welfare fund at the rate of 10% on profit after tax in the audited financial statements of the company in 2023, which is equivalent to VND 1,284,839,707 and the transfer of the entire remaining balance of the company's investment and development fund to bonus and welfare fund, which is equivalent to VND 2,056,918,996. Pursuant to the Resolution of the Board of management No. 12-2024/NQ-GAC dated 24 October 2024, Board of management approved the first payment of 2024 dividend by cash to existing shareholders at the rate of 8% on the par value of each share, equivalent to VND 120,630,356,800. The dividend payment transaction was completed on 25 November 2024.
Pursuant to the Resolution of the Annual General Meeting of Shareholders No. 01-2024/NQ-GAC-ĐHCĐ dated 6 May 2024, the Company’s shareholders approved: The appropriation of bonus and welfare fund at the rate of 5% on profit after tax in the audited consolidated financial statements of the Company in 2023, which is equivalent to VND 38,686,141,597; The transfer of the entire remaining balance of the Company's investment and development fund to bonus and welfare fund, which is equivalent to VND 35,216,469,967; The appropriation of charity fund amounting to VND 5,000,000,000. In additional, the General Meeting of Shareholders approved the payment of the second dividend in 2023 in cash to existing shareholders at the rate of 8% on the par value of each share, equivalent to VND 120,630,356,800. The dividend payment transaction was completed on 10 July 2024.
Number of shares
Ending balance
Beginning balance
150,787,946
150,787,946
Authorized shares
150,787,946
150,787,946
Shares issued and fully paid
150,787,946
150,787,946
Ordinary shares
150,787,946
150,787,946
Shares in circulation
150,787,946
150,787,946
Ordinary shares
The par value of the Company’s shares is VND 10,000 per share. The holders of the ordinary shares are entitled to receive dividends as and when declared by the Company. Each ordinary share carries one vote per share without restriction.
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