Announcement : Attending 2008 Annual Meeting Of Shareholders
The Administration Board of Sao Ta Foods Joint-Stock Company (Fimex VN) is honored to invite esteemed shareholders attending FIMEX VN’s 2008 Annual Meeting of Shareholders with details as follows :
FMC Fund shares re-purchase registration
On march 18, 2009,
Saota Foods Joint – Stock Company (Stock symbol: FMC) had been received the acceptance from HOSE so that he could re-purchase his issed stocks to form the fund’s stock. Details as follows::
ANNOUNCEMENT : Regarding the record date to set up the list of shareholders
ANNOUNCEMENT
(Regarding the record date to set up the list of shareholders who will attend 2008 Annual General Meeting of Shareholders )
THE CHAIRMAN’S OPEN LETTER TO CUSTOMERS AND INVESTORS
Seafood processing and exporting enterprises come into 2009 operation with full of difficulties such as narrowed consumption markets, sharply decreased selling prices, oversea buyer’s limited payment possibility….. partially resulting in farmers’ insecureness in aquaculturing to produce raw material for processing due to unstable prices, high risk of loss that makes difficulties heaped up with difficulties.
FMC’S OPERATION IN JANUARY 2009
In the first month of year 2009, FMC faces difficulties in collecting raw material due to off-season of shrimp harvest. In the same time, operation duration in Jan’09 was limited due to Lunar New Year holidays. Thus, shrimp output in Jan’09 just reached 341 tons equal to 88.6% from that of same period of 2008. Export turnover reaches USD 2.47 million equal to 64.3% from that of same period of 2008.
ANNOUNCEMENT OF DIVIDEND PAYMENT OF 2008
ANNOUNCEMENT
(Regarding the valid date of registration to set up the list of shareholders who will be paid advanced dividend of the first time of 2008)
THE CONTENTS OF ADMINISTRATION BOARD’S MEETING AT THE BEGINNING OF YEAR 2009
THE CONTENTS OF ADMINISTRATION BOARD’S MEETING
The Administration Board has held a meeting on Jan 16th, 2009 and adopted the following contents :
- Preliminary suming-up of 2008 operation and expectation of 2009 ones.
SUMMARY OF OPERATION IN YEAR 2008
In year 2008, FMC has sold 6,592.00 tons of final products in various types equal to 110% from those of year 2007. At the same time, An San Vegetable Factory right after being opened has been conducted processing, as of the year end 38 tons of various processed vegetables have been exported. Total export turnover of 2008 is VND 1,011 billion, only over 1% higher than that of 2007. The reason is mainly the sharp decrease of shrimp price in the world market. A deep reason is from global economic crisis.