DNVN - Chairman of the Board of Directors of Cho Lon Water Supply Joint Stock Company (stock code: CLW) Hua Trong Nghi submitted his resignation from the position of Chairman and member of the Board of Directors on March 11 - right before the 2025 General Meeting of Shareholders of this enterprise.
On March 11, Cho Lon Water Supply Joint Stock Company (stock code: CLW) under Saigon Water Supply Corporation Limited announced unusual information about Mr. Hua Trong Nghi - Chairman of CLW's Board of Directors submitting a resignation letter from the position of Chairman and member of CLW's Board of Directors.
Mr. Hua Trong Nghi, born in 1964, was elected by the members of the Board of Directors to hold the position of Chairman of the Board of Directors of Cho Lon Water Supply Joint Stock Company for the 2022 - 2027 term at the 2022 Annual General Meeting of Shareholders held on April 27, 2022.
In his resignation letter dated March 11, Mr. Nghi stated: On March 3, 2025, the Board of Members of Saigon Water Corporation Limited issued a document on the termination of his appointment as the capital representative of Saigon Water Corporation Limited at Cho Lon Water Supply Joint Stock Company. For personal reasons, Mr. Nghi submitted a letter of resignation from the position of Chairman and member of the Board of Directors of Cho Lon Water Supply Joint Stock Company at the 2025 Annual General Meeting of Shareholders as soon as the General Meeting of Shareholders approved it.
Previously, on February 19, CLW issued a resolution to finalize the list of shareholders for the 2025 Annual General Meeting of Shareholders. The final registration date for the 2025 Annual General Meeting of Shareholders was agreed upon, with the last registration date being March 17, 2025. The meeting is scheduled to be held in Ho Chi Minh City, but the time has not been announced.
As of December 31, 2024, CLW has four major shareholders including Saigon Water Corporation owning 51% of charter capital; Mr. Le Huy Hung owns 14% of charter capital; NTP Trading Company Limited owns 11.09% of charter capital; Mr. Ho Le Minh owns 7.49% of charter capital; The remaining 16.42% of charter capital belongs to other shareholders owning less than 5% of charter capital.
From the beginning of 2025 to March 11, 2025, no major shareholder, Saigon Water Corporation, registered to trade CLW shares.
Regarding business performance, CLW's Q4/2024 financial report shows that the company's sales and service revenue in 2024 reached VND 1,303 billion, a slight decrease compared to VND 1,304 billion recorded in 2023. Excluding expenses, profit after tax in 2024 reached VND 53.4 billion, a decrease compared to VND 56.4 billion recorded in the previous year.
Cho Lon Water Supply Joint Stock Company was established from the equitization process of Cho Lon Water Supply branch of Saigon Water Supply Corporation Limited with charter capital of 130 billion VND. CLW shares were officially listed on HoSE in 2011.
CLW's headquarters is currently located at 97 Pham Huu Chi, Ward 12, District 5, Ho Chi Minh City. CLW specializes in buying and selling machinery, equipment, and materials for the water supply industry; constructing water supply works; designing and constructing urban technical infrastructure works...
Thu An
Source: https://doanhnghiepvn.vn/kinh-te/chung-khoan/sep-cap-nuoc-cho-lon-clw-nop-don-tu-nhiem/20250312102626776
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