JSC Commercial Port of Vladivostok has scheduled two meetings of stockholders to be held this September, the company said.
On September 9, the agenda of the Extraordinary General Meeting of stockholders, which will be held in absentia, is as follows: early termination of office of CPV’s CEO Vyacheslav Pertsev, election of the company’s new CEO, approval of the updated charter of Company and the terms and conditions of the Supervisory Board of the Company.
A week later, on September 16, the Annual General Meeting of shareholders will be held in person. The agenda includes: approval of the Annual Report and Annual Financial Statements of the Company, distribution of profits and losses of the company for year-end results of 2010, as well as the size and timing of dividend payments. In addition, the meeting will elect members of the Supervisory Board of CPV.
JSC Commercial Sea Port of Vladivostok (CPV) is a stevedore company (part of FESCO Group), which owns and operates handling facilities, including 17 berths at the sea port of Vladivostok, one of the largest seaports in the Russia’s Far East. CPV specializes in handling bulk cargo, liquid bulk, forest products, general cargo and containers. The Company also provides handling bunkering of ships. In 2010, CPV’s cargo throughput totaled 6.9 million tons, a 11-percent growth year-on-year.