On June 16, 2020, Construction Joint Stock Company No. 1 (COFICO) held the 1st Board of Directors Meeting of 2023 with the participation of members of the Board of Directors, members of the Supervisory Board and representatives of COFICO’s Board of Directors.
The meeting was held to report COFICO’s achievements in 2022, the achievements of the post-COVID-19 pandemic period and the plan to prepare for economic crises and difficulties of the construction industry that may affect the development of the Company in the near future.
At the same time, the Board of Directors and the Board of Directors also offer solutions related to management and human resources such as restructuring personnel in the direction of new business development, building a salary and bonus mechanism suitable to the current situation of the market but still ensuring the lives of employees, separating the construction block according to the target project, strengthening training courses to improve skills and knowledge for the ESC,… in order to consolidate the management system and adapt to the new situation. Development orientations in 2023 with the support and close cooperation of major shareholders, especially strategic shareholder MAEDA Japan in applying BIM technology, safety training,… also discussed.
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The meeting was held to report COFICO’s achievements in 2022, the achievements of the post-COVID-19 pandemic period and the plan to prepare for economic crises and difficulties of the construction industry that may affect the development of the Company in the near future.
At the same time, the Board of Directors and the Board of Directors also offer solutions related to management and human resources such as restructuring personnel in the direction of new business development, building a salary and bonus mechanism suitable to the current situation of the market but still ensuring the lives of employees, separating the construction block according to the target project, strengthening training courses to improve skills and knowledge for the ESC,… in order to consolidate the management system and adapt to the new situation. Development orientations in 2023 with the support and close cooperation of major shareholders, especially strategic shareholder MAEDA Japan in applying BIM technology, safety training,… also discussed.
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In addition, the Board of Directors also discussed the issue of candidacy – election of members of the Supervisory Board for the term 2023 – 2026 and preparations to hold the Annual General Meeting of Shareholders of the fiscal year 2022 to be held on June 28, 2023.
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