Subsidiaries of Cotana Group held the Annual General Meeting of Shareholders in 2021

On the morning of March 29, 2021 Cotana Capital Real Estate Development and Investment Joint Stock Company held the Annual General Meeting of Shareholders at Phoenix Hall, 6th floor, Vinpearl Hotel Hue. Cotana Capital is the investor of a real estate project with an area of ​​​​nearly 45 hectares named Ecogarden - one of the leading key projects of the Company as well as Thua Thien Hue province today. In addition, the company is also implementing investment procedures for a resort project, a nature museum and a golf course with an area of ​​​​nearly 500 hectares in Ngu Ho, Phong Dien district. This project promises to be a bright spot in terms of economic development and tourism of the ancient capital.


On April 2, 2021, at the 11th floor hall, the Cotana Group headquarters took place the Annual General Meeting of Shareholders of Cotana Design Construction Consulting Joint Stock Company with the participation of Mr. Dao Ngoc Thanh - Chairman of the Board of Cotana Group and the Board of Directors and Cotana Design’s shareholders. Among the reports presented at the Meeting, the highlight was the Report on Business Results in 2020, the plan for 2021 by Mr. Truong Viet Hung - Member of the Board cum Director and the Report on the activities of the Board of Management in 2020, the plan in 2021 by Mr. Nguyen Huy Duc - Chairman of the Board. Accordingly, in the past year 2020, despite certain difficulties due to the Covid 19 pandemic, Cotana Design - at the age of 20 years old, has completed the economic targets and business plans set out. That is a great motivation for the Board of Directors and the Board of Management to continue to set the target that the Company will have a great development in this 2021. To achieve that goal, the Board of Directors has proposed groups of solutions to improve the quality of human resources, strengthen financial resources, and apply high technology in work to overcome challenges from the market. The Annual General Meeting of Shareholders of Cotana Construction Consulting Joint Stock Company ended successfully with 100% of shareholders agreeing with the reports and decisions presented by the Leaders at the meeting.


On April 16, 2021, Cotana Infrastructure Construction Joint Stock Company - a subsidiary of Cotana Group - operating in the field of infrastructure construction also successfully held the 2020 Annual General Meeting of Shareholders.
In the past year 2020, the sweep of the Covid pandemic has seriously affected the health of the global economy as well as Vietnam. Cotana Infraco, therefore, was also greatly affected by these difficulties, leading to the Company's business results in 2020 not meeting the set plan. However, thanks to the decisiveness and flexibility of the Leaders, the company's business performance has improved markedly.
Entering this 2021, in the context that the Covid-19 epidemic is gradually controlled and the political system and state management are stabilized after the Party Congress, Vietnam's economy is assessed to recover and grow. This has a positive impact on promoting investment of enterprises operating in the field of real estate investment and construction. Facing these advantages, the Leaders of Cotana Infraco boldly set a target of revenue growth in 2021, increasing by 157% compared to 2020. Corresponding to that is a group of solutions including: Supplementing quality human resources; focus on capital recovery in completed projects; control and save all costs during construction; Manage materials to avoid loss and waste...
The meeting ended with 100% consensus of the shareholders on the reports presented by the Leaders.