VIMID Successfully Held 2021 Annual General Meeting of Shareholders

On the morning of May 29, 2021, Vietnam Machine Investment Development Joint Stock Company (VIMID) successfully held its 2021 Annual General Meeting of Shareholders at the company’s headquarters.

The meeting took place in a positive and enthusiastic atmosphere, with the full attendance of shareholders, company leaders, and invited employees, marking another successful milestone in VIMID’s journey of development.

During the meeting, shareholders approved a series of important resolutions aimed at fulfilling all regulatory requirements to become a public company. The meeting also announced plans to register VIMID shares for trading on the UPCoM exchange, with a long-term vision toward official listing on the Vietnam Stock Exchange in the near future.

A key highlight of this year’s meeting was the approval of a private share issuance plan for selected long-term employees who have made significant contributions to the company’s growth over the past 11 years. This marks the first time VIMID employees have the opportunity to become shareholders, aligning their interests with the company’s long-term success and strengthening the spirit of unity and commitment within the organization.

At the meeting, Mr. Nguyễn Vũ Trụ – Vice Chairman of the Board of Directors and CEO of VIMID – delivered a heartfelt speech, expressing strong confidence in VIMID’s future and reaffirming the company’s determination to move forward with resilience and innovation in this new era of digital technology and intelligent automation.