SHB Shareholders’ Meeting: Gifts Distributed to Attendees, Near 1,400 Present Before Opening

Today afternoon, April 25, Saigon - Hanoi Commercial Joint Stock Bank (SHB) held the 2024 Annual General Meeting of Shareholders at the Melia Hotel on Ly Thuong Kiet Street, Hoan Kiem District, Hanoi.

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At the opening of this year’s SHB conference, from 1 pm, shareholders checked in. By 1:30 pm, the hall was almost full.

Sharing with us, a SHB leader said that about 1,000 shareholders registered to attend the meeting, but so far, that number has been exceeded. 

At 2:10 pm, according to the Shareholder Qualification Review Board’s report, 1,361 shareholders attended, representing approximately 67% of the share capital with voting rights. Of which, more than 900 shareholders attended in person and more than 400 shareholders were represented by authorized representatives.

Shareholders checking in.

This year’s SHB’s reception was also very thoughtful when there were gifts of cash envelopes for shareholders, each of 200 thousand VND.

Some images of shareholders attending the SHB General Meeting on the afternoon of April 25:

Shareholders filled the hallways.

The hall was also packed with shareholders.

According to the submission to shareholders, this year SHB will pay a dividend at a rate of 16% of charter capital (equivalent to 5,859 billion VND), of which 5% is in cash and the remaining 11% is in shares.

If the plan to distribute dividends by shares at a rate of 11% is completed, the charter capital of SHB Bank is expected to reach nearly 40,658 billion VND. All additional capital in the coming time will be used mainly for business loans, including loans for additional working capital, fixed assets financing, and loans for production and business, project implementation. The disbursement time is the 3rd or 4th quarter of 2024 or until the issuance plan is completed.