Internal News

The Annual Shareholder General Meeting 2011 of CEO Group

Attending the meeting were leaders of CEO Group, leaders of member companies and all staff of CEO Group.

General Director of CEO Group, Mr. Doan Van Binh presented his report on the production-business activities in 2010 and the production-business plan in 2011 of the Group. 2010 was a year full of challenges and difficulties for businesses in general and for real estate companies in particular due to high inflation and high interest rates, constantly fluctuating exchange rates, certain impacts of State mechanisms and policies on real estate investment and business activities. However, CEO Group has still achieved positive business results with the turnover reaching 113.4%, profit before tax of 128.2%, the charter capital increasingly by 166.7 as compared with the plan set out.

 Regarding the development of projects, in 2010, CEO Group developed three more big projects in Phu Quoc, Kien Giang (resort project in Truong beach, Sao Beach Golf Project, The Phoenix Hills sea eco-urban area in Truong beach) with a total area of ​​254.19 hectares, and also received the acceptance in the principle for the stone mining project in Thanh Liem district, Ha Nam province.

Regarding the education aspect, in 2010, Dai Viet College enrolled 987 students, opened the 2nd course in October 2010 with the total current number of 1,148 students.

In 2011, CEO Group expects to increase 255% in revenue, 190.8% in profit before tax and 120% in the charter capital over the previous year, continue to improve the organizational structure, strengthen the human resource, and provide training to improve the quality of the staff in order to meet development demands of the Group in the new period.

The Meeting was of good success with unanimous approval of all shareholders for the Resolution of the General Meeting in terms of the Report 2010 and the Plan 2011.

Ngày đăng: 26/03/2011
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