NOBASHI
NOBASHI VANNAMEI
RAW
HO CENTRAL PEELED BT
COOKED
COOKED PDTO VANNAMEI
PRE-FRIED SHRIMP
FRITTER VANNAMEI
VEGETABLES
GINGER
VEGETABLES
BÍ NHẬT
NOBASHI
NOBASHI VANNAMEI

FMC’S 2010 ANNUAL GENERAL MEETING SUCCESSFULLY HELD

On April 22, 2011, FMC held Annual General Meeting 2010 in Soc Trang. Most of shareholders were shrimp farm owners, shrimp raw material suppliers, and fellow-business parties, so approximate 70% of shareholders and shareholders’ representatives attended the meeting.


       The meeting took place in the atmosphere of ease and heartiness. 99% of brought out objects, data, and operation targets were approved by the shareholders. However, issuing additional shares and increasing charter capital aiming to have fund for building new processing factory were not carried out due to risks of diluting shares especially in current difficult situation of stock market.  The 2010 Annual General Meeting authorized Administration Board to increase the company’s charter capital from its reserve fund in accordance with Ho Chi Minh Stock Exchange’s regulations (if any). Additional shares (if any) will be bonus shares for the company’s existing shareholders based on actual ratio.
       For more information, this shrimp season in Mekong Delta was seriously damaged in the beginning of the season. However, FMC’s Board of Directors has actively collected raw material from many areas in order to fulfill USD 19 million in turnover of the first four months, increasing over 62% compared to the same period last year. Japan is FMC’s main market, and with interdependent spirit, FMC has contributed VND 100 million to help the Japanese people overcome difficulties from the recent devastating earthquake and tsunami.