AsemconnectVietnam - Loc Troi Group Joint Stock Company (code LTG - UPCoM) announced documents for the 2025 Annual General Meeting of Shareholders, the meeting is scheduled to be held on July 14 in An Giang province.

In 2025, Loc Troi plans to have revenue of VND4,200 billion and a loss before tax, interest and depreciation of VND524 billion.
Regarding business orientation, in 2025, Loc Troi will continue to enhance its corporate governance role, ensure compliance with the provisions of law and the Company's charter, inspect and urge the General Director as well as the Executive Board to fully implement the Resolutions and Decisions of the General Meeting of Shareholders and the Board of Directors to achieve the goals committed to shareholders.
In addition, Loc Troi will also, through its management and strategy building activities, continue to provide the necessary support and connections for Loc Troi Group to gradually overcome the difficult period, maintain stable operations of the agricultural ecosystem, strongly restructure to optimize finances, and serve as a foundation towards stable production and supply of high-quality agricultural products and agricultural products to the market.
Regarding personnel, Loc Troi has received the resignation letter from Mr. Johan Sven Richard Boden as a member of the Board of Directors and the resignation letter from Ms. Nguyen Thi Thuy and Mr. Tieu Phuoc Thanh as members of the Board of Supervisors.
Therefore, Loc Troi proposes to shareholders to elect 1 additional member of the Board of Directors and 2 members of the Board of Supervisors for the 2024 - 2029 term. In which, the list of candidates has not been announced.
In addition, Loc Troi also submitted to shareholders the cancellation of the 2023 dividend payment plan. In which, the Company has approved the payment of 30% of the 2023 dividend in shares.
Explaining the cancellation of the approved 2023 dividend payment plan, Loc Troi said that due to the production and business situation in the first 6 months of the year facing many difficulties, there are no longer enough resources to pay dividends according to the approved plan.
Notably, Loc Troi has just put into operation a representative office at 29-31, Street No. 6, Him Lam area, Tan Hung ward, District 7, Ho Chi Minh City, this is considered the first step in the journey of restructuring and recovery after a period of financial and administrative difficulties.
Regarding stock movements, stocks are currently restricted from trading, so they are only traded on Fridays every week. If calculated from April 25 to the most recent trading session on June 13, LTG shares increased by 40%, from VND6,000/share to VND8,400/share.
N.Nga
Source: VITIC/Tinnhanhchungkhoan