Decision No. 107/2004/QĐ-BCN of the Ministry of Industry on the conversion of Van Diem Paper Company into Van Diem Paper Joint Stock Company, stipulates the charter capital structure, actual value of the company, preferential treatment for employees, and business conditions.
적용 범위
Van Diem Paper Company (after conversion), Vietnam Paper Joint Stock Corporation, employees in Van Diem Paper Company.
핵심 사항
- After conversion, Van Diem Paper Company has a charter capital of 10,500,000,000 VND, of which the State holds 30.00%, employees in the company hold 66.47%, and shares sold outside the company hold 3.53%.
- The actual value of Van Diem Paper Company at the time of shareholding reform is 75,270,145,618 VND, of which the value of the State's capital portion is 10,445,958,024 VND.
- Employees in the company are given preferential treatment to purchase 61,144 shares with a total preferential value of 1,834,320,000 VND, including 4,884 preferential shares sold on credit to 22 poor workers.
- The joint stock company engages in the production and sale of paper products, import and export of materials, raw materials, equipment, and chemicals for the paper industry, as well as other businesses in accordance with the law.
- Van Diem Paper Joint Stock Company becomes a legal entity under Vietnamese law from the date of registration of business operations.
🌐 이 문서의 사회적 영향
- Employees in Van Diem Paper Company have the opportunity to purchase shares at a preferential price, creating motivation for them to stay long-term with the company.
- The company after conversion will operate according to the private enterprise model, enhancing flexibility and management efficiency.
- Vietnam Paper Joint Stock Corporation is responsible for directing the shareholding reform and organizing the first General Meeting of Shareholders.
❓ 자주 묻는 질문
What is the charter capital of Van Diem Paper Company after conversion?
The charter capital of Van Diem Paper Joint Stock Company is 10,500,000,000 VND.
What percentage does the State hold in the company after conversion?
The State holds 30.00% of the charter capital of Van Diem Paper Joint Stock Company.
How many shares are employees given preferential treatment to buy?
Employees in the company are given preferential treatment to purchase 61,144 shares with a total preferential value of 1,834,320,000 VND.
What industries does the company engage in after conversion?
Van Diem Paper Joint Stock Company engages in the production and sale of paper products, import and export of materials, raw materials, equipment, and chemicals for the paper industry, as well as other businesses in accordance with the law.
When does this decision take effect?
This decision takes effect fifteen days after its publication in the Official Gazette.
전문
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MINISTRY OF INDUSTRY |
SOCIALIST REPUBLIC OF VIETNAM |
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Number: 107/2004/QĐ-BCN |
Hanoi, October 12, 2004 |
Pursuant to …;
Regarding the transformation of Van Diem Paper Companyinto Van Diem Paper 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 into joint-stock companies;
Considering the proposal of Vietnam Paper Joint Stock Corporation (Document No. 1272/CV-HĐQT dated September 20, 2004), the Plan for the Transformation of Van Diem Paper Company into a Joint Stock Company, and the Minutes of the Review of the Plan by the Enterprise Reform and Development Board on September 29, 2004;
At the proposal of the Enterprise Reform and Development Board and the Director of the Personnel and Organization Department,
DECISION:
Article 1. Approves the Plan for the Transformation of Van Diem Paper Company (an independent accounting member enterprise of Vietnam Paper Joint Stock Corporation) comprising the following main points:
1. Capital structure:
The registered capital of the Joint Stock Company is 10,500,000,000 VND (Ten billion five hundred million VND). Of which:
- Shareholding ratio sold outside the enterprise: 6.62%.
- The proportion of shares sold to employees within the company: 66.47%;
- The proportion of shares sold outside the company: 3.53%.
The value of one share: 100,000 VND.
2. The actual value of Van Diem Paper Company at the time of January 1, 2004 for the purpose of transformation (Decision No. 2134/QĐ-TCKT dated August 18, 2004 of the Ministry of Industry) is 75,270,145,618 VND. Among this, the actual value of the State's share in the company is 10,445,958,024 VND.
3. Benefits for employees within the company.
A total of 61,144 preferential shares worth 1,834,320,000 VND were sold to 314 employees within the company. Among these, 4,884 preferential shares worth 341,880,000 VND were sold on credit to 22 poor employees.
4. Regarding the costs of transformation, retraining of employees, and resolution of surplus labor, the company shall process and report to Vietnam Paper Joint Stock Corporation and relevant state authorities for approval according to current regulations.
Article 2. Transforming Van Diem Paper Company into Van Diem Paper Joint Stock Company,
- International trade name: VANDIEM PAPER JOINT STOCK COMPANY;
- Abbreviation: VPC;
- Head office: Phu Minh Town, Phu Xuyen District, Ha Tay Province.
Article 3. The joint stock company engages in the following business activities:
- Production and trading of paper products;
- Trading of imported and exported materials, raw materials, equipment, and chemicals for the paper industry;
- Engaging in other businesses in accordance with the provisions of the law.
Article 4. Van Diem Paper Joint Stock Company is a legal entity under Vietnamese law from the date of registration for business operations; it may use its own seal and open bank accounts in accordance with the law; organize and operate in accordance with the Articles of Association of the Joint Stock Company and the Law on Enterprises.
Article 5. Vietnam Paper Joint Stock Corporation is responsible for directing Van Diem Paper Company to organize the sale of shares and to convene the first General Meeting of Shareholders of Van Diem Paper Joint Stock Company in accordance with current regulations.
The Director and Chief Accountant of Van Diem Paper Company are responsible for managing the company's affairs until the transfer of all capital, assets, labor, and land to the Board of Directors and General Manager of the Joint Stock Company.
Article 6. The Standard Measurement Quality Control Department shall be responsible for organizing and guiding the implementation of the Regulations adopted herein.
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 Board of Directors and General Manager of Vietnam Paper Joint Stock Corporation, the Director of Van Diem Paper Company, the Chairman of the Board of Directors and General Manager of Van Diem Paper Joint Stock Company are responsible for implementing this Decision.
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Place of Receipt: |
DEPUTY MINISTER |
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