Vinacomin machinery elects new board member, strengthening governance

Vinacomin - Machinery Joint Stock Company (HNX:CTT) conducted its extraordinary general meeting on November 25, 2025, with 75.41% of voting shares represented. Shareholders approved the dismissal of Mr. Nguyen Trong Tot from the board of directors for the 2023-2028 term and subsequently elected Mr. Pham Tuan Ngoc as a new board member for the same term.

Mr. Pham Tuan Ngoc was nominated by Vietnam National Coal - Mineral Industries Group (TKV), which holds 1,925,100 shares, representing 40.98% of Vinacomin Machinery's charter capital. The election was confirmed with 100% of voting shares present, totaling 3,542,502 shares, in favor of his appointment.

The resolutions passed at the meeting, including the new board appointment, are effective immediately. These decisions aim to stabilize the company's governance and operations.