On September 26, Halcom Vietnam JSC (stock code: HID) successfully held its 2024 Annual General Meeting of Shareholders (AGM) via an online meeting. The meeting was attended by the Company’s Board of Directors, Executive Board, Supervisory Board, and shareholders.
A total of 33 shareholders and authorized representatives attended the AGM, holding 41,127,672 shares, equivalent to 53.58% of the total voting shares. The key matters approved by the AGM included the Board of Directors’ 2023 activity report and 2024 action plan; the Supervisory Board’s 2023 activity report and 2024 action plan; the 2023 business results, audited financial statements, and profit distribution plan; the 2024 business plan and appointment of an auditing firm; along with several other important matters.
Halcom Vietnam’s 2024 Annual General Meeting of Shareholders was held online
Green and sustainable development have been a core commitment of the Company since its establishment and have become increasingly aligned with global development trends. Staying committed to this goal, in 2024, Halcom Vietnam will optimize the operation of its investment projects, including launching the water supply system project in Nhon Hoi Economic Zone, Binh Dinh Province; expanding the capacity of Thuan Thanh Water Plant in Bac Ninh; and completing investment licensing procedures for the Phuong Mai 3 Resort Real Estate Project in Binh Dinh Province.
At the same time, the Company will continue to seek new opportunities in clean energy investment, including investing in waste-to-energy projects in major cities with an expected capacity of 1,000 tonnes per day; further developing the Quang Binh nearshore wind power project; promoting investment in several clean water supply projects in northern provinces; and conducting a scientific research project with the Ministry of Science and Technology on batteries and energy storage equipment to optimize clean energy resources.
Nguyen Viet Dung, Vice Chairman of the Board of Directors, provides an update on the activities of the Board of Directors
Alongside its investment activities, consulting remains a core business area for Halcom Vietnam, helping the Company effectively implement investment projects, expand its market presence, strengthen international engagement, and improve the efficiency of the works and projects it develops. The Company continues to provide the three main consulting service lines that have established the Halcom brand: engineering; environmental and social safeguards; and communications and community awareness. A notable milestone was the initial realization of its goal of expanding into regional markets through the implementation of a consulting package in Laos funded by the Asian Development Bank (ADB).
As part of its development plan through 2026, Halcom Vietnam will focus its resources on developing approximately 300 MW of renewable energy capacity, with around VND 10 trillion in investment capital allocated for these projects. The Company aims to complete the restructuring and efficient operation of the Phuong Mai 3 Wind Power Plant; complete Phase 1 of the Nhon Hoi Water Supply System project and develop plans to expand its capacity in subsequent years; increase the capacity of Thuan Thanh Water Plant while applying new water treatment technologies; and complete the legal procedures for waste-to-energy, offshore wind power, and several other industrial projects.
Pham Minh Tuan, Deputy General Director, presents the Company’s business activities at the AGM
In its consulting business, the Company aims to gradually increase annual revenue to approximately VND 100 billion per year by 2026, while implementing a number of ODA-funded consulting contracts in overseas markets. Alongside strengthening its bidding activities for consulting services, the Company will focus on partnering with reputable and well-established firms in Vietnam and the region.
The positive signals from the Company’s investment and consulting activities have attracted considerable interest from shareholders. During the discussion session, several shareholders expressed their interest in and optimism about the Company’s business prospects in the coming period.
Nguyen Quang Huan (center), Chairman of the Board of Directors of Halcom Vietnam, chairs the discussion session and answers shareholders’ questions
The AGM approved the Company’s 2024 business and production plan, including the following key business targets and proposed distribution of after-tax profits:
- Total revenue: VND 382.3 billion
- Profit after tax: VND 17.8 billion
With a high level of shareholder approval, Halcom Vietnam’s 2024 Annual General Meeting of Shareholders concluded successfully. The Company is committed to making stronger progress in its investment and consulting businesses, strengthening international connections and cooperation, and operating in line with the core values and sustainable development goals that Halcom Vietnam has consistently pursued.
The Presidium and the entire leadership team of Halcom Vietnam JSC