On the morning of May 11, at its headquarters, CDC Construction JSC successfully held its 2024 Annual General Meeting of Shareholders in a direct meeting format. The meeting approved the 2023 business performance report, the 2024 orientation and plan, along with many other important matters.
In his opening remarks, Mr. Ngo Tan Long, Chairman of the Board of Directors of CDC Construction JSC, expressed his gratitude to the shareholders for their companionship with CDC over the past years. “2023 was not an easy year for the Real Estate – Construction industry, but under the direction and management of the Board of Directors, the Board of General Directors, and with the support of our valued shareholders and the solidarity of all employees, CDC overcame many difficulties and challenges…”
At the meeting, shareholders approved various governance and management matters, including:
– The report on the performance of the Board of Directors in 2023 and the orientation and plan for 2024
– The report on the performance of the Supervisory Board in 2023 and the orientation and plan for 2024
– The report on the business performance in 2023 and the orientation and plan for 2024
– The proposal to approve the audited financial statements for 2023
– The proposal to approve the report on remuneration for the Board of Directors and the Supervisory Board in 2023 and the estimated remuneration for 2024
– The proposal to approve the profit distribution plan for 2023 and fund appropriation
– The proposal to approve the amendments and supplements to the Company Charter, Internal Regulations on Corporate Governance, and the Regulations on the activities of the Board of Directors
– The proposal to continue listing CDC Construction JSC’s shares on HOSE
– The proposal to select the auditing organization for 2024.
Regarding CDC’s orientation and operational plans for the 2024 fiscal year, Mr. Tran Van Truong, General Director, stated: “In 2024, the Board of General Directors is determined to achieve the goals set by the Board of Directors. Key tasks include meeting production and business targets, market development, and accelerating digital technology…” Addressing shareholders’ questions about revenue and profit growth criteria, he emphasized that the leadership has a clear strategy and is taking decisive actions to achieve the revenue target of VND 2,426.8 billion for the 2024 fiscal year: “In addition to enhancing market development efforts, CDC is also expanding its construction portfolio to include infrastructure and industrial projects alongside current civil construction projects…”
After three hours of active and effective work, the meeting concluded successfully, achieving high consensus among shareholders, with a 100% approval rate for all matters discussed.
