Tinh Van Group Holds 2012 General Meeting of Shareholders
2012-04-07 15:00:16
On April 7, 2012, the annual General Meeting of Shareholders for 2012 of Tinh Van Technology Joint Stock Company (Tinhvan Group) was held at the Thể Thao Hotel in Hanoi.
Attending the 2012 annual General Meeting of Shareholders were shareholders and authorized representatives, representing over 83% of voting shares, members of the Board of Directors (BOD), the Supervisory Board, the Executive Board, and heads/deputy heads of functional departments of the Company.
After the opening remarks, on behalf of the BOD and the Executive Board, Mr. Hoang To – Chairman of the BOD and General Director of Tinhvan Group – reported to the General Meeting of Shareholders on the activities of the BOD and the Executive Board in 2011, as well as the objectives and operational plans for 2012 of Tinhvan Group.
Chairman of the BOD and General Director Hoang To reports to the General Meeting of Shareholders
In 2011, Tinhvan Group's governance system was continuously improved and perfected with international quality certifications ISO-9001:2008, ISO-27001:2005, CMMi-3, and information systems such as MIS, PC... It can be affirmed that Tinh Van is among the few enterprises with a systematic and professional quality system. Compensation policies were also markedly improved, with employee income 20-30% higher than the industry average, increased income differentiation, and a greater emphasis on efficiency.
Implementing the operational motto "Plow deep, hoe well," all units of Tinhvan Group worked tirelessly over the past year, focusing on intensive cultivation and achieving many notable accomplishments. Tinh Van Telecom Joint Stock Company (TVT) saw significant revenue growth compared to 2010. The organizational restructuring of TVT in October helped promote new business models at its business centers, such as XAS, Media on Demand, MyClick...
Tinh Van Consulting and Enterprise Management Joint Stock Company (TVC) had a breakthrough year in brand, products, and market. 2011 was an impressively successful year for the HiStaff human resource management product, affirming its leading position in the Vietnamese market. A series of commercial banks (TienPhong Bank, VPBank, Habubank, Maritime Bank...) and major economic groups (VinGroup, Acecook, PVFC, Sabeco...) chose to apply HiStaff for their enterprises.
The Software Development and System Integration Center (TVS) achieved the highest revenue and profit targets in the Group. TVS has also begun to enter telecommunications projects as part of the target market shift roadmap set by the BOD.
With the values accumulated in 2011, including business development capabilities, PR, marketing, and professional sales capabilities... on January 1, 2012, Tinh Van Software Export Center (TVO) officially transformed its operational model into Tinh Van Software Export Joint Stock Company.
Also in 2011, Tinhvan Group established a new member unit, Minh Chau Entertainment Joint Stock Company (MCC), operating in the field of mobile online game publishing (GMO). In its very first year, MCC operated efficiently, achieved good profits, and became a pioneer company in Vietnam in the GMO field.
These successes were largely driven by the efforts of over 400 Tinh Van employees who worked tirelessly day and night with creativity. The motto "Plow deep, hoe well" proved effective and was particularly suited to the difficult circumstances of 2011.
Entering 2012, the BOD of Tinhvan Group assessed that the macroeconomic situation this year would continue to be more difficult and tense than in 2011, with a large number of enterprises unable to survive due to capital shortages and debt, leading to further bankruptcies. "Discipline to excel" will be the overarching motto for 2012, aiming to build a healthy governance discipline for Tinhvan Group.
With high consensus, the General Meeting of Shareholders voted to approve the reports and proposals of the BOD and the Executive Board.
The 2012 annual General Meeting of Shareholders of Tinhvan Group concluded successfully.