Decision No. 01/2004/QĐ-BCN amends certain contents of Decision No. 194/2003/QĐ-BCN on the conversion of the Cutting and Measuring Tools Company into the First Tool Joint Stock Company, including the actual value of the company and benefits for employees.
适用范围
Cutting and Measuring Tools Company, First Tool Joint Stock Company, employees of the Company.
要点
- The actual value of the Cutting and Measuring Tools Company at July 1, 2003 was VND 22,391,124,682, of which the state capital value was VND 5,616,509,010.
- The total number of preferential shares sold to 426 employees of the Company was 27,518 shares with a preferential value of VND 825,540,000, of which 2,826 preferential shares were sold on credit to 44 poor employees, valued at VND 197,820,000.
- This Decision shall take effect fifteen days from the date of publication in the Official Gazette.
🌐 本文件的社会影响
- Positive impact: Employees benefit from the sale of preferential shares, allowing them to participate in ownership of the company.
- Negative impact: It may impose a financial burden on the Cutting and Measuring Tools Company during the conversion process.
❓ 常见问题
What is the actual value of the Cutting and Measuring Tools Company?
The actual value of the Cutting and Measuring Tools Company at July 1, 2003 was VND 22,391,124,682.
What benefits do employees receive?
Benefits for employees include the sale of 27,518 preferential shares with a preferential value of VND 825,540,000, of which 2,826 preferential shares were sold on credit to 44 poor employees.
When does this Decision take effect?
This Decision shall take effect fifteen days from the date of publication in the Official Gazette.
What is the preferential value per share?
The preferential value per preferential share sold is approximately VND 30,274 (total preferential value of VND 825,540,000 divided by the total number of shares 27,518).
How many employees received preferential shares?
A total of 426 employees received preferential shares.
全文
Pursuant to …;
Regarding amendments to certain contents of Decision No. 194/2003/QD-BCN dated November 17, 2003, of the Minister of Industry on transforming the Mechanical Cutting and Measuring Tools Company into the First Tool Joint Stock Company
THE MINISTER OF INDUSTRY
Pursuant to Decree No. 55/2003/NĐ-CP dated May 28, 2003 of the Government stipulating the functions, tasks, powers, and organizational structure of the Ministry of Industry;
Pursuant to Decree No. 64/2002/NĐ-CP dated June 19, 2002 of the Government on the conversion of state-owned enterprises to joint stock companies;
Considering the proposal of the Mechanical Cutting and Measuring Tools Company (Document No. 02/DC-TC dated January 2, 2004);
At the proposal of the Enterprise Reform and Development Board of the Ministry of Industry and the Director of the Personnel and Organization Department,
DECISION:
Clause 4 of Article 6Amending certain contents of Decision No. 194/2003/QD-BCN dated November 17, 2003 of the Minister of Industry on transforming the Mechanical Cutting and Measuring Tools Company into the First Tool Joint Stock Company.
1. Amend Clause 2 of Article 1 as follows:
"2. The actual value of the Mechanical Cutting and Measuring Tools Company at the time of July 1, 2003 for privatization (Decision No. 2626/QD-TCKT dated October 13, 2003 of the Ministry of Industry) is 22,391,124,682 Vietnamese dong. Of which, the actual value of the State capital portion in the company is 5,616,509,010 Vietnamese dong".
2. Amend Clause 3 of Article 1 as follows:
"3. Employee preference.
The total number of preferential shares sold to 426 employees in the company is 27,518 shares with a preferential value of 825,540,000 Vietnamese dong. Among them, the number of deferred payment preferential shares sold to 44 poor employees is 2,826 shares, valued at 197,820,000 Vietnamese dong".
12/2025/TT-BNNMT dated June 19, 2025 issued by the Minister of Agriculture and EnvironmentThis Decision takes effect fifteen days from the date of publication in the Official Gazette.
The Head of the Ministry's Office, the Inspector General of the Ministry, the Heads of Departments and Bureaus under the Ministry, the Chairman of the Management Board, the General Director of the Industrial Machinery and Equipment Corporation, the Director of the Mechanical Cutting and Measuring Tools Company, and the Chairman of the Management Board and the Director of the First Tool Joint Stock Company are responsible for implementing this Decision./.
DEPUTY MINISTER
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