Decision No. 1007/QD-BTC announces the list of consulting appraisal organizations suspended from providing services to determine enterprise value for shareholding reform due to failure to fulfill the reporting obligation in 2008. This decision applies to four specific organizations and requires them to rectify deficiencies within thirty days.
适用范围
First Securities Joint Stock Company, Vietnam Audit, Accounting and Consulting Limited Company (VIETCPA Co., Ltd), CA&A Consulting and Auditing Limited Company, Mekong Securities Joint Stock Company.
要点
- The consulting organizations listed in Article 1 of the Decision are suspended from providing services to determine enterprise value for shareholding reform (Article 1).
- Consulting organizations must rectify deficiencies within thirty days from the date the decision takes effect (Article 2).
- The Ministry of Finance will consider allowing the organizations to continue operations after rectifying deficiencies (Article 2).
- Consulting organizations suspended from activities may face difficulties in providing services to determine enterprise value for shareholding reform.
- Enterprises and related parties may need to seek alternative consulting organizations, resulting in additional costs and time.
🌐 本文件的社会影响
- Consulting organizations suspended from activities encounter difficulties in providing services to determine enterprise value for shareholding reform.
- Enterprises and related parties may need to seek alternative consulting organizations, resulting in additional costs and time.
❓ 常见问题
Which consulting appraisal organizations have been suspended from activities?
First Securities Joint Stock Company, Vietnam Audit, Accounting and Consulting Limited Company (VIETCPA Co., Ltd), CA&A Consulting and Auditing Limited Company, Mekong Securities Joint Stock Company.
What is the rectification period?
Organizations must rectify deficiencies within thirty days from the date the decision takes effect.
全文
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MINISTRY OF FINANCE |
SOCIALIST REPUBLIC OF VIET NAM |
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NUMBER: 1007/QD-BTC |
HA NOI, May 15, 2009 |
Pursuant to …;
REGARDING THE ANNOUNCEMENT OF THE LIST OF ADVISORY VALUATION ORGANIZATIONS SUSPENDED FROM PROVIDING SERVICES TO DETERMINE THE VALUE OF COMPANIES FOR JOINT STOCK TRANSFORMATION
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THE MINISTER OF FINANCE
Pursuant to the Decree No. 118/2008/NĐ-CP dated November 27, 2008 of the Government stipulating the functions, tasks, powers, and organizational structure of the Ministry of Finance;
BASED ON DECREE NO. 109/2007/ND-CP dated June 26, 2007 of the Government on the transfer of state-owned enterprises with 100% state capital to joint stock companies;
BASED ON DECISION NO. 100/2007/QD-BTC dated December 6, 2007 of the Minister of Finance promulgating the Regulation on the Selection and Supervision of Advisory Valuation Organizations;
At the proposal of the Director of the Department of Financial Affairs of Banks and Financial Institutions,
DECISION:
Article 1. ANNOUNCES THE LIST OF ADVISORY VALUATION ORGANIZATIONS TEMPORARILY SUSPENDED FOR FAILURE TO SUBMIT ANNUAL REPORTS IN 2008 ON ACTIVITIES PROVIDING SERVICES TO DETERMINE THE VALUE OF COMPANIES FOR JOINT STOCK TRANSFORMATION, INCLUDING:
1. FIRST SECURITIES JOINT STOCK COMPANY;
2. VIETCPA LIMITED LIABILITY COMPANY FOR APPRAISAL, AUDIT AND ADVICE;
3. CA&A CONSULTING AND AUDIT LIMITED LIABILITY COMPANY;
4. MEKONG SECURITIES JOINT STOCK COMPANY.
Article 2. ENTERPRISES MENTIONED IN ARTICLE 1 OF THIS DECISION SHALL BE RESPONSIBLE FOR CORRECTING SHORTCOMINGS WITHIN 30 DAYS COUNTING FROM THE EFFECTIVE DATE OF THIS DECISION. THE MINISTRY OF FINANCE WILL CONSIDER PERMITTING ENTERPRISES TO CONTINUE PROVIDING SERVICES TO DETERMINE THE VALUE OF COMPANIES FOR JOINT STOCK TRANSFORMATION WHEN ENTERPRISES HAVE CORRECTED SUCH SHORTCOMINGS.
Article 3. THIS DECISION TAKES EFFECT FROM THE DATE OF SIGNATURE. THE HEAD OF THE MINISTRY’S OFFICE, THE DIRECTOR OF THE DEPARTMENT OF ENTERPRISE FINANCE, THE CHAIRMAN OF THE STATE SECURITIES COMMISSION, THE DIRECTOR OF THE DEPARTMENT OF BANK AND FINANCIAL INSTITUTION FINANCE, ADVISORY VALUATION ORGANIZATIONS, AND THE HEADS OF RELATED UNITS ARE RESPONSIBLE FOR IMPLEMENTING THIS DECISION.
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Place of Receipt: |
DEPUTY MINISTER |
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