The Decision merges the Pirít Company into the Apatít Vietnam Company, Vietnam Chemicals Corporation in accordance with the Government's and Prime Minister's regulations. The Decision shall take effect fifteen days after publication in the Official Gazette.
Scope of application
Board of Directors of Vietnam Chemicals Corporation, Directors of the involved companies (Pirít, Apatít Vietnam).
Key points
- The Pirít Company will be merged into the Apatít Vietnam Company, Vietnam Chemicals Corporation.
- The Board of Directors of Vietnam Chemicals Corporation is responsible for organizing and implementing the merger in accordance with state regulations.
🌐 Social impact of this document
- Positive impact: Enhance production and business efficiency, optimize resources.
- Negative impact: May affect the rights of employees and shareholders of the involved companies.
❓ Frequently asked questions
What regulations govern this merger?
The merger is carried out in accordance with Decree No. 55/2003/NĐ-CP and Decrees No. 50/CP, 38/CP of the Government.
What responsibilities does the Board of Directors of Vietnam Chemicals Corporation have?
The Board of Directors of Vietnam Chemicals Corporation is responsible for organizing and implementing the merger in accordance with state regulations.
When does this Decision take effect?
The Decision shall take effect fifteen days after publication in the Official Gazette.
Which companies are involved in the merger?
The involved companies are the Pirít Company and the Apatít Vietnam Company, Vietnam Chemicals Corporation.
Does this merger affect the employees of the involved companies?
The merger may affect the rights of employees of the involved companies, specifically regarding workforce restructuring and working conditions.
Full text
Pursuant to …;
Regarding the merger of the Pirít Company into the Vietnam Apatít Company,
Vietnam Chemicals Corporation
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. 50/CP dated August 28, 1996 of the Government on the establishment, restructuring, dissolution, and bankruptcy of state-owned enterprises, and Decree No. 38/CP dated April 28, 1997 of the Government amending and supplementing certain articles of Decree No. 50/CP;
Pursuant to Decision No. 183/QĐ-TTg dated February 19, 2003 of the Prime Minister approving the overall plan for the reorganization and modernization of state-owned enterprises under the Vietnam Chemicals Corporation for the period 2003-2005;
Acting on the authority delegated by the Prime Minister in Circular No. 855/CP-ĐMDN dated June 25, 2003 regarding the merger of the Pirít Company into the Vietnam Apatít Company, Vietnam Chemicals Corporation;
Considering the proposal of the Board of Directors of Vietnam Chemicals Corporation in Circular No. 377/CV-HĐQT dated May 6, 2003;
At the proposal of the Director of the Cadre and Civil Servant Department,
Pursuant to …;
Article 1. Merge the Pirít Company into the Vietnam Apatít Company, Vietnam Chemicals Corporation.
Article 2. Direct the Board of Directors of Vietnam Chemicals Corporation to organize and implement this merger in accordance with current regulations of the State.
Article 3. This Decision takes effect fifteen days from the date of publication in the Official Gazette.
The Head of the Office, the Inspector General, the Heads of Departments, the Directors of Bureaus under the Ministry, the Chairman of the Board of Directors, and the General Director of Vietnam Chemicals Corporation, the Director of the Pirít Company, and the Director of the Vietnam Apatít Company are responsible for enforcing this Decision./.
DEPUTY MINISTER
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