Decision No. 134/2004/QĐ-BCN Amending Clause 1 and Clause 3 of Article 1 of Decision No. 82/2004/QĐ-BCN dated August 24, 2004 of the Minister of Industry on the transformation of Secpentin Company and Thanh Hoa Chemicals into Secpentin Joint Stock Company and Thanh Hoa Fertilizer Corporation.

Pursuant to …;

Regarding the amendment of Clause 1 and Clause 3 of Article 1 of Decision No. 82/2004/QĐ-BCN dated August 24, 2004 of the Minister of Industry on the transfer of the Secpentin Company and Thanh Hoa Chemicals Company
BCN transfers Company Secpentin and Chemicals Thanh Hoato become the Secpentin Joint Stock Company and Thanh Hoa Fertilizer Company
to become Joint Stock Company Secpentin and Fertilizers Thanh Hoa thành Công ty cổ phần Secpentin và Phân bón Thanh Hoá
phần Secpentin và Phân bón Thanh Hoá 
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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;

Upon the proposal of Vietnam Chemicals Corporation (Letter No. 1375/CV-HĐQT dated November 10, 2004);

At the proposal of the Enterprise Reform and Development Board and the Director of the Organization and Cadre Department, 

DECISION:

Article 1. Amending Clause 1 and Clause 3 of Article 1 of Decision No. 82/2004/QĐ-BCN dated August 24, 2004 of the Minister of Industry on the transfer of the Secpentin Company and Thanh Hoa Chemicals Company to become the Secpentin Joint Stock Company and Thanh Hoa Fertilizer Company as follows:

"1. Registered capital structure:

The charter capital of the joint stock company is VND 3,811,300,000 (three billion eight hundred eleven million three hundred thousand dong).

The proportion of shares sold to employees within the company is 93.83%;

The proportion of shares sold outside the company is 6.17%.

The value of one share: 100,000 Vietnamese dong."

"3. Employee benefits.

The total number of preferential shares sold to 195 employees within the company is 30,268 shares with a preferential value of VND 908,040,000. Among them, 6,041 preferential shares were sold on credit to 35 poor employees, valued at VND 442,870,000.

Article 2. 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, Heads of Departments, Directors of Bureaus under the Ministry, the Chairman of the Board of Management, the General Director of Vietnam Chemicals Corporation, the Director of the Secpentin Company and Thanh Hoa Chemicals Company, and the Chairman of the Board of Management and the Director of the Secpentin Joint Stock Company and Thanh Hoa Fertilizer Company are responsible for implementing this Decision./.