Decision No. 13/2000/QĐ-BCN of the Ministry of Industry on the conversion of the Danang Branch of the Import-Export Electronics Company into the Danang Electronics and Information Technology Joint Stock Company. The Decision stipulates the capital structure, actual value, benefits for employees, business sectors, and responsibilities of related parties.
Scope of application
The Danang Branch of the Import-Export Electronics Company, Vietnam Electronics and Information Technology Corporation, Danang Electronics and Information Technology Joint Stock Company, and employees within the Branch.
Key points
- Capital Structure: The Charter Capital is 1,006,000,000 VND, of which the State holds 30%, employees in the Branch hold 55%, and external entities hold 15%.
- Actual Value of the Branch: 1,746,433,434 VND, of which the State's share is 1,005,207,455 VND.
- Benefits for Employees: A total of 1,760 preferential shares with a value of 52,800,000 VND are sold, including 326 shares reserved for poor employees.
- Business Sectors of the Joint Stock Company: Import-export trade, assembly, production, repair and maintenance services for electrical, refrigeration, electronic, and information technology equipment, tourism services, advertising.
- The Danang Electronics and Information Technology Joint Stock Company operates independently according to the Company's Charter and the Enterprise Law.
🌐 Social impact of this document
- Creating opportunities for Branch employees to purchase preferential shares, contributing to improving their income.
- Assisting Vietnam Electronics and Information Technology Corporation in restructuring the enterprise and enhancing operational efficiency.
- Developing the electronics and information technology industry in Danang, creating additional job opportunities for local residents.
❓ Frequently asked questions
What is the Charter Capital of the Joint Stock Company?
The Charter Capital of the Joint Stock Company is 1,006,000,000 VND, of which the State holds 30%, employees in the Branch hold 55%, and external entities hold 15% (Article 1).
What is the actual value of the Danang Branch of the Import-Export Electronics Company?
The actual value of the Danang Branch of the Import-Export Electronics Company is 1,746,433,434 VND, of which the State's share is 1,005,207,455 VND (Article 1).
How are employees being given benefits?
A total of 1,760 preferential shares with a value of 52,800,000 VND are sold to employees, including 326 shares reserved for poor employees (Article 1).
What are the business sectors of the Joint Stock Company?
The Joint Stock Company engages in import-export trade, assembly, production, repair and maintenance services for electrical, refrigeration, electronic, and information technology equipment, tourism services, and advertising (Article 3).
How does the Joint Stock Company operate?
The Joint Stock Company operates independently according to its Charter and the Enterprise Law, responsible for independent economic accounting, using its own seal, and opening a bank account (Article 4).
Full text
Pursuant to …;
Regarding the transformation of the Da Nang Branch of the Import-Export Electronics Company into the Da Nang Electronics and Informatics Joint Stock Company
into the Da Nang Electronics and Informatics Joint Stock Company
THE MINISTER OF INDUSTRY
Pursuant to the Government Decree No. 74/CP dated November 1, 1995 on the functions, tasks, powers, and organizational structure of the Ministry of Industry;
Pursuant to Decree No. 44/1998/NĐ-CP dated June 29, 1999 of the Government on the transformation of state-owned enterprises into joint stock companies;
Based on the Minutes of Evaluation dated March 9, 2000, of the Enterprise Management Reform Board of the Ministry of Industry regarding the Plan to transform the Da Nang Branch of the Import-Export Electronics Company (a subsidiary accounting unit of the Import-Export Electronics Company) into the Da Nang Electronics and Informatics Joint Stock Company;
Considering the proposal of the Board of Directors of the Vietnam Electronics and Informatics Corporation (Proposal No. 115/CV/ĐT-HĐQT dated March 2, 2000);
At the recommendation of the Enterprise Management Reform Board of the Ministry of Industry and the Director of the Organization and Cadre Affairs Department.
Pursuant to …;
Article 1. Approves the Plan for the transformation of the Da Nang Branch of the Import-Export Electronics Company (a subsidiary accounting unit of the Import-Export Electronics Company), including the following points:
1. Capital Structure.
The Charter Capital of the Company is: 1,006,000,000 VND.
Where:
- State shares: 30% of the Charter Capital,
- Shares sold to employees of the Branch: 55% of the Charter Capital,
- Shares sold to external entities outside the Branch: 15% of the Charter Capital.
The value of one share: 100,000 VND.
2. The actual value of the Da Nang Branch of the Import-Export Electronics Company (Decision No. 50/QĐ-TCKT dated January 12, 2000, of the Minister of Industry on determining the value of the Da Nang Branch of the Import-Export Electronics Company) at the time of 00:00 on September 25, 1999, for the purpose of shareholding is: 1,746,433,434 VND. Among this, the actual value of the state capital portion in the Branch is: 1,005,207,455 VND.
3. Employee benefits in the branch.
The total number of preferential shares sold to employees of the Branch is 1,760 with a preferential value of 52,800,000 VND. Among these, the total number of preferential shares sold to poor employees of the Branch to be paid gradually is 326 shares, valued at 22,820,000 VND.
4. Approves the proposal of the Vietnam Electronics and Informatics Corporation to allow the use of proceeds from the sale of state-owned shares of the Da Nang Branch of the Import-Export Electronics Company for the costs of shareholding transformation, retraining workers, and supplementing the investment capital of the Import-Export Electronics Company. The Import-Export Electronics Company and the Da Nang Branch of the Import-Export Electronics Company shall handle the procedures according to regulations, report to the Vietnam Electronics and Informatics Corporation for review, and submit to the Ministry of Industry for decision.
Article 2. Transform the Da Nang Branch of the Import-Export Electronics Company into the Da Nang Electronics and Informatics Joint Stock Company from April 1, 2000,
- Name in Vietnamese: Da Nang Electronics and Informatics Joint Stock Company,
- English name: DANANG ELECTRONIC AND INFORMATICS STOCK COMPANY; trading name is VIETTRONIMEX DANANG,
- Head office located at: No. 6, Pasteur Street, Hai Chau Ward, Da Nang City.
Article 3. The Joint Stock Company engages in the following business activities:
1) Import and export trade,
2) Assembly, production, and service repair and maintenance of electrical, refrigeration, electronic, and informatics equipment and products,
3) Tourism and advertising services in accordance with the law.
Article 4. The Da Nang Electronics and Informatics Joint Stock Company is a legal entity under Vietnamese law from the date of registration for business operations, implements independent economic accounting, uses its own seal, opens bank accounts in accordance with the law, and operates according to the Company's Charter and the Law on Enterprises.
Article 5. The Vietnam Electronics and Informatics Corporation is responsible for directing the Import-Export Electronics Company and the Da Nang Branch of the Import-Export Electronics Company to organize the first General Meeting of Shareholders (to elect the Board of Directors, Supervisory Board, and approve the Company's Charter).
The Director and Chief Accountant of the Import-Export Electronics Company and the Da Nang Branch of the Import-Export Electronics Company are responsible for managing the Branch until the handover to the Board of Directors and the Director of the Da Nang Electronics and Informatics Joint Stock Company.
Article 6. This Decision takes effect from the date of signing. Decisions contrary to this Decision are abolished.
The Head of the Ministry's Office, the Inspector General, the Heads of Departments and Bureaus under the Ministry, the Chairman of the Board of Directors, the General Director of the Vietnam Electronics and Informatics Corporation, the Director of the Import-Export Electronics Company, and the Director of the Da Nang Branch of the Import-Export Electronics Company are responsible for implementing this Decision.
DEPUTY MINISTER
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