BCG Shareholders to Receive Exciting Rewards at 2024 Annual General Meeting
Eligibility Criteria:
To participate in BCG’s giveaway program, shareholders must meet the following two conditions:
+ **First:** Register and attend the meeting online from 8:00 AM on April 25th to 7:30 AM on April 27th.
+ **Second:** Be included in the list of successfully registered attendees, which will be finalized at 7:30 AM on April 27th by the organizers of the 2024 Annual General Meeting.
Reward Structure:
Each eligible shareholder will receive one electronic ticket to participate in the program. The prize code will be the shareholder’s account number. During the meeting on April 27th, the organizers will conduct a live electronic draw to ensure transparency and fairness, randomly selecting the winning code from the valid entries.
The winning shareholders will be those whose shareholder codes match the winning code drawn by the electronic system. The prize structure includes one SJC gold bar, an iPhone 15 Pro Max 256 GB, three SJC gold bars, an iPad Air 5, and various cash prizes.
Prize Collection:
Upon winning, shareholders must present an identity document that matches the information on their meeting invitation to verify their identity. The organizers will cross-check the information on the invitation with the identity document provided by the shareholder.
For prizes in kind, the Company will deliver them directly to the shareholder’s registered address or send them via postal mail. Prizes in kind cannot be converted into cash.
Important Note:
For gold prizes, shareholders can choose to receive the physical gold or convert it into cash at the gold buying price announced on April 27th, 2024, by Saigon Jewelry Company Limited (SJC).
For cash prizes, shareholders can choose to collect them in person at the Company’s registered office or have them transferred to their bank account.
Shareholders will receive the full prize amount, and BCG will cover any applicable personal income tax.
Other Details:
BCG notes that shareholders are responsible for any travel expenses (if applicable).
BCG reserves the right to use the award ceremony images for promotional purposes without any additional compensation.
The program is valid until May 30th, 2024, and any claims made after this date will not be entertained.
BCG’s Business Plan for 2024:
For 2024, BCG aims for consolidated net revenue of VND 6,102.5 billion and net profit of VND 951.7 billion, representing an increase of over 151% and 556%, respectively, compared to 2023.
The company’s management believes that the core business areas of renewable energy and real estate will present numerous opportunities, driving growth and enabling the achievement of business targets.
Renewable Energy:
Managed by the subsidiary BCG Energy, the offshore wind power sector is receiving significant attention from the government, which is promoting investment and establishing supportive policies. In addition to wind and solar power, waste-to-energy is an attractive investment area due to its environmental benefits and potential to increase the electricity supply.
The recently approved Plan for Implementing the National Power Development Plan for 2021-2030, with a vision to 2050 (Electricity Plan VIII), has officially included BCG Energy’s eight onshore and nearshore wind power projects with a total capacity of 925 MW in various locations across the country, including Ca Mau, Soc Trang, and Tra Vinh.
BCG’s management has announced that they are working diligently to develop 550 MW of onshore and offshore wind power, including projects such as Dong Thanh 1 (80 MW), Dong Thanh 2 (120 MW), and Khai Long 1 (100 MW), aiming for commercial operation (COD) by next year.
Real Estate:
Handled by the subsidiary BCG Land (BCR – UPCoM), the group will focus on completing ongoing projects such as Malibu Hoi An, Hoian d’Or, and King Crown Infinity. Simultaneously, the company will expedite the legal completion of other projects to enable construction once the market shows signs of recovery.
This year, BCG Land plans to deliver all products in the Malibu Hoi An project and the shophouses in the Hoian d’Or project. This is expected to generate VND 2,190 billion in revenue and over VND 424 billion in net profit for BCG Land.
