FPT Online hold 2015 Annual General Meeting of Shareholders

All content submitted to the 2015 Annual General Meeting of Shareholders (AGM), which took place in the afternoon of May 20th in Hanoi and HCMC, was approved by shareholders with the approval rate of 100%.

22/05/2015

In Fiscal Year 2014, FPT Online implemented many programs to streamline their business strategy, actively attracting investment capital and gathering resources for devloping sectors.

According to Chairman of FPT Online Thang Duc Thang, the company implemented an organizational restructure when splitting the service sectors into Sendo and FGame. Along with the technology platform construction and conversion, the lastyear witnessed many records of access index broken adn the most content and comments made by readers today.

Revenue for full year 2014 increased by 7% compared to the previous year. Ad revenues increased by 33% while Mobile and Adnetwork revenue s increaded by 210% and 70% respectively. With these positive results, FPT Online approved 35% cash dividend for 2014, equivalent to 3,500 VND/share. On March 24, the company made advanced payment of 2014 dividend at this ratio for the shareholders.

In 2015, FPT Online is planned to maintain the traditional services as well as encreasingly look for new revenue s from the strategic direction s such as Mobile, Network and sub- content such as Automobiles and Digitization . Revenue and profit before tax are expected to grow 15% and 5% respectively. It is estimated that the cash dividend will be not less than 3,500 VND / share.

FPT Online ’s AGM took place with the participation of 18 delegates, representing more than 12 million shares, accounting for 93.7% of the voting shares. The AGM approved the report s of Board of Directors and Supervisory Board and the financial statements , the business plan, the charter change and the dismissal of Mr. Nguyen Van Khoa from the BOD . Chairman of FPT Online Thang Duc Thang will concurrently hold CEO of the company.