News
The meeting of Board of directors of Vyborg Shipyard JSC
On April 16, 2010 the meeting of Board of directors was held at the premises of Vyborg Shipyard. The question of allocation of VSY profit as of the end of the year 2009 was considered during the meeting. There was made a preliminary decision to discuss the following proposals during the annual meeting of shareholders of Vyborg Shipyard JSC: to allocate 38 062 575 rbl. 51 copeck to the Fund of the Shipyard current activity for 2009; to allocate 200 million rubles to the Fund of the shipyard current activity for 2010; to allocate 305 115 085 rubles for covering of losses for the last years; to allocate 342 071 753 rubles 76 copecks for modernisation and reconstruction of VSY facilities; to allocate 1 281 969 rubles 66 copecks for covering of losses from redemption of reacquired stock; to allocate 44 million rubles for the next payment of Primorskaya Shipyard LLC according to the Investment Contract No. 259/08.
The question concerning dividend payments on registered ordinary shares was also discussed during the meeting. There was made a preliminary decision to discuss a proposal regarding payments in the amount of 214 rubles 68 copecks per each share.
The annual meeting of shareholders is planned to be held on June 9, 2010.
During this meeting there were also considered the other questions related to the Shipyard current activity.