Resolution of the Board of Directors of FPT Corporation dated July 30th, 2009
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04/08/2009
Hanoi, July 31st 2009
To: Shareholders of FPT Corporation
The Board of Directors of FPT Corporation kindly announces:
On July 30th 2009, the Board of Directors of FPT Corporation convened and ratified Resolution with the following items:
Item 1: Approve Decision on authorizing 24 billion dongs for FPT Capital to invest in education.
Item 2: Approve the cost payment between FHO and its subsidiaries by FHO getting management fee. Assign the Management Board to propose details and submit to the Board of Directors for approval in order to ensure appropriate accounting with laws and the charter of subsidiaries. Time: in the 3rd quarter of 2009.
Item 3: Approve establishment of FPT Visky operating in Digital Content with the capital of 18 billion dongs (accounting for 75% of total chartered capital of 24 billion dongs).
Item 4: Approve the following items of Real Estate projects of the Corporation:
1) 89 Lang Ha Project :
a) FPT Corporation is the owner of the project, the representative of the owner is appointed by General Director.
b) FPT Land Company Ltd. is the management committee of the project.
2) Construction of FPT University in Hoa Lac High-tech Park Project:
a) FPT University is the owner of the project.
b) FPT Hoa Lac High-tech Park Development Co., Ltd. is the management committee of the project.
c) FPT Corporation provides more 100 billion dongs to build FPT University.
d) FPT University and FPT Hoa Lac High-tech Park Development Co., Ltd. sign the contract to implement in the 3rd quarter of 2009.
3) FPT City Da Nang Project:
a) Approve establishment of FPT City Da Nang Development Co., Ltd., 100% owned by FPT Corporation according to the statement of FPT Land Company Ltd., with FPT Corporation’s capital of 56 billion dongs. Time: in the 3rd quarter of 2009.
b) FPT Land Company Ltd. is responsible for managing this company.
c) Phase 1 from 2009 to 2010: Focus on developing 12 hectares in the northern land of 35 hectares assigned.
Item 5: Approve some details of equitisation of FPT Information System (FPT-IS) and FPT Trading Group (FTG) according to Resolution of Shareholders’ Extraordinary Meeting of FPT Corporation as follows:
1) Establish the equitisation committee of FPT Information System (FPT-IS) - Assign Mr. Do Cao Bao as the Director.
2) Establishment the equitisation committee of FPT Trading Group (FTG) - Assign Mr. Hoang Nam Tien as the Director.
3) Authorize Chairman of FPT Corporation to sign equitisation documents.
4) Deadline for equitising these two companies is no later than September 30th, 2009.
5) Increase the capital of FPT Information System (FIS) from 250 billion dongs to 350 billion dongs.
Item 6: Approve some items related to organizations and personnel of FPT Corporation as follows:
1) Ratify changing investor relations management from the Board of Directors to the Management Board. Dissolve FPT Investor Relations Department and establish Investor Relations Department under FPT Accounting Finance Department to manage investor relations.
2) Dismiss Mr. Do Son Giang as the Director of FPT Accounting Finance Department from August 1st, 2009.
3) Appoint Mr. Nguyen The Phuong as the Director of FPT Accounting Finance Department from August 1st, 2009.
4) Dismiss Mr. Hung Cong Hien as the Director of FPT Representative Office in Can Tho from August 1st, 2009.
5) Appoint Mr. Huynh Trong Nguyen as the Director of FPT Representative Office in Can Tho from August 1st, 2009.
6) Dismiss Mr. Pham Vu Duc as Acting General Director of FPT Media from August 1st, 2009.
7) Appoint Ms. Mai Thu Huyen as General Director of FPT Media from August 1st, 2009.
Item 7: Ratify investment in buying FPT office in Ho Chi Minh City and authorize for the Management Board of FPT HCM to implement.
FPT Investor Relations
