Saigon Shipping (SGS) sees a series of leaders resign just before the Annual General Meeting.

Saigon Maritime Transport Joint Stock Company (SGS) has just announced that it has received resignation letters from the company's leaders, including: Chairman of the Board of Directors - Mr. Le Minh; Member of the Board of Directors - Ms. Huynh Nhu Y; and Member of the Supervisory Board - Ms. Duong Thi Kim Kieu.

All three leaders resigned citing family reasons. Notably, Ms. Duong Thi Kim Kieu submitted her resignation three times. Her first resignation was on May 25, 2022, but it was not accepted. She submitted another resignation in June 2022. However, in September 2023, the court overturned the 7/2022 General Shareholders' Meeting Resolution of Saigon Maritime Transport, preventing her from resigning.

Four key leaders of Saigon Shipping Corporation (SGS) have resigned just before the annual general meeting of shareholders (Photo: Provided).

In addition, the General Director, Mr. Pham Van Huong, also submitted his resignation from the position effective June 20, 2024, citing a transfer to another company.

Thus, in a short period of time, four key leaders of Saigon Shipping have submitted their resignations. In particular, one leader submitted their resignation three times, and this mass resignation occurred just before the annual general meeting of shareholders. The annual general meeting of Saigon Shipping will take place on July 10, 2024.

In terms of business performance, in 2023 Saigon Shipping achieved revenue of VND 222 billion, a decrease of 13% compared to the same period. After-tax profit increased by 7% to VND 49 billion, the highest since its inception.

Entering the first quarter of 2024, SGS recorded net revenue of VND 49 billion and after-tax profit of VND 7.6 billion, representing decreases of 3.8% and 35% respectively compared to the same period last year.

Regarding the shareholder structure of Saigon Maritime Transport, the company's charter capital is currently recorded at VND 144 billion, with SAMCO as the parent company holding a controlling stake of 51%. SAMCO is a state-owned company operating in multiple sectors, primarily engaged in the production of mechanical products for transportation and providing high-quality transportation services.

Source: https://www.congluan.vn/loat-lanh-dao-van-tai-bien-sai-gon-sgs-tu-nhiem-ngay-truoc-them-dhdcd-post299546.html