Decision No. 100/2000/QĐ-BNNPTN/TCCB of the Minister of Agriculture and Rural Development amends certain clauses in the Decision converting the Iron Can Packaging Workshop under Import-Export Fruit Company I into Iron Can Packaging and Import-Export Joint Stock Company Hanoi, specifically the actual value of the workshop and the charter capital of the company.
Scope of application
Iron Can Packaging and Import-Export Joint Stock Company Hanoi
Key points
- At the time of 00:00 on May 1, 2000, the actual value of the Iron Can Packaging Workshop was 591,401,990 VND, of which the State capital portion was equal to this amount.
- The charter capital of the joint stock company is 1,500,000,000 VND, divided into 15,000 shares: The State shareholding ratio is 31.36% (4,704 shares), the shareholding ratio sold to employees within the enterprise is 68.64% (10,296 shares).
- Other contents in Decision No. 31/2000/QĐ-BNN-TCCB remain valid.
- This Decision takes effect from the date of signature.
🌐 Social impact of this document
- The positive impact is that converting a state-owned enterprise into a joint stock company helps improve management efficiency and business operations.
- However, it may cause costs for employees during the transition process regarding ownership of shares.
❓ Frequently asked questions
What is the actual value of the Iron Can Packaging Workshop?
The actual value of the Iron Can Packaging Workshop at 00:00 on May 1, 2000, was 591,401,990 VND.
What is the charter capital of the joint stock company?
The charter capital of the joint stock company is 1,500,000,000 VND.
What are the ratios of State shares and employee shares in the enterprise?
The State shareholding ratio is 31.36% (4,704 shares), the shareholding ratio sold to employees within the enterprise is 68.64% (10,296 shares).
When does this Decision take effect?
This Decision takes effect from the date of signature.
What specific contents in Decision No. 31/2000/QĐ-BNN-TCCB remain valid?
Other contents in Decision No. 31/2000/QĐ-BNN-TCCB remain valid.
Full text
DECISION OF THE MINISTER
MINISTRY OF AGRICULTURE AND RURAL DEVELOPMENT
Regarding the amendment of some clauses of Article 1 of Decision No. 31/2000/QD-BNN-TCCB dated March 24, 2000, of the Minister of Agriculture and Rural Development on the transfer of the Iron Can Packaging Workshop under Import-Export Fruit Company I to become the Packaging and Import-Export Corporation of Hanoi.
THE MINISTER OF AGRICULTURE AND RURAL DEVELOPMENT
Pursuant to Decree No. 73/CP dated November 1, 1995 of the Government stipulating the functions, tasks, powers, and organizational structure of the Ministry of Agriculture and Rural Development;
Pursuant to Decree No. 44/1998/NĐ-CP dated June 29, 1998 of the Government on the conversion of state-owned enterprises into joint-stock companies;
Considering the proposal of the Import-Export Fruit Company I, the Enterprise Reform Board of the Ministry, and the Director of the Cadre and Civil Servant Department,
DECISION:
Article 1: Now amending some clauses of Article 1 of Decision No. 31/2000/QD-BNN-TCCB dated March 24, 2000, of the Minister of Agriculture and Rural Development on the transfer of the Iron Can Packaging Workshop under the Import-Export Fruit Company I to become the Packaging and Import-Export Corporation of Hanoi as follows:
1. Clause 1.1 is amended as follows:
The actual value of the Iron Can Packaging Workshop at 00:00 on May 1, 2000, is VND 591,401,990 (five hundred ninety-one million, four hundred one thousand, nine hundred ninety dong). Of this, the actual value of the State capital in the Workshop is VND 591,401,990 (five hundred ninety-one million, four hundred one thousand, nine hundred ninety dong).
2. Clause 1.2 is amended as follows: The Charter Capital of the Joint-Stock Company is VND 1,500,000,000 (one billion, five hundred million dong). This total capital is divided into 15,000 shares (fifteen thousand shares), with the following structure:
State shareholding ratio: 31.36% of the Charter Capital (equivalent to 4,704 shares);
Shareholding ratio sold to employees of the enterprise: 68.64% of the Charter Capital (equivalent to 10,296 shares).
All other contents in Decision No. 31/2000/BNN-TCCB dated March 24, 2000, of the Minister of Agriculture and Rural Development on the transfer of the Iron Can Packaging Workshop under the Import-Export Fruit Company I to become the Packaging and Import-Export Corporation of Hanoi remain unchanged.
Article 2. This Decision shall take effect from the date of signing.
The Head of the Ministry's Office, the Director of the Cadre and Civil Servant Department, the Enterprise Reform Board of the Ministry, the Heads of relevant units under the Ministry, the Board of Directors and General Director of Vietnam Fruit Corporation, the Director and the Enterprise Reform Board of the Import-Export Fruit Company I Hanoi are responsible for implementing this Decision./.
DEPUTY MINISTER
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