Regarding voting supplemental members of Adminitration Board and Supervision Board
ANNOUNCEMENT
(Regarding voting supplemental members of Adminitration Board
and Supervision Board)
CONTENTS OF ADMINISTRATION BOARD’S RESOLUTION THE SESSION OF THE FIRST 6 MONTHS, 2009
At the meeting held on July 24, 2009, the Administration Board of Sao Ta Foods Joint-Stock Company has adopted some following contents
FMC: Resulting of buying back stock
Sao Ta Foods Joint-Stock Company (stock symbol : FMC) would like to inform the result of its repurchasing shares as follows :
FIMEX VN
Volume registered to buy back : 497,530 shares
Bought volume : 497.530 shares
Number of treasury stock at present : 800,000 shares
Trading period : from May 04, 2009 to June 09, 2009.
FMC's Operation in May 2009
In May 2009, FMC has processed and consumed 473 MT of frozen shrimps in various types with value of USD 4.2 million, 5% higher from same period of 2008. Besides, the Company has also processed and consumed 80 MT of frozen vegetables. Total export turnover just reaches 80.5% over the first 5 months of 2008. However, peak harrvest season will start in beginning of the third quarter, consumption volumn and turnover will increase strongly in comparison with first months of the year.
FIMEX VN
FMC's Quality Control in the first 4 months of 2009
One of issues which should be solved in a long time and proposed annually by FMC is to concern, and attach much importance to its quality control which aims to maintain and enhance its brand-name prestige and product quality. So, in the first 4 months of 2009, the Company has welcomed many assessment organizations who came to audit its facilities, quality management competence and processing activites….. Specifically :
FMC attended Brussel Seafood Exhibition
The biggest European seafood exhibition took place in Brussel from April 28 to April 30, 2009 in the context of global economy in recession. On these days, European customers' seafood demand is only about 50% from that of previous years, with main consumption products of cheap price and focusing on smaller sizes with low value.
FMC's Operation in April of 2009
In April of 2009, FMC has processed 375 MT of frozen shrimps in various types and export turnover reaches USD 2.7 million in total.
FMC's additionally issued stocks have just been put up
On May 08, 2009, FMC has been accepted to put up its additional stocks issued in February, 2009 for its strategic partner by HCMC Securities Trading Center (HOSE), specifically: