Decision No. 137/2004/QĐ-BCN of the Ministry of Industry on converting the Dong Nam Textile Company into the Dong Nam Textile Joint Stock Company, stipulating the charter capital structure, rights and obligations of the related parties.
적용 범위
Dong Nam Textile Company, Vietnam Textile and Garment Corporation, Board of Directors, General Director, Chief Accountant of the Dong Nam Textile Joint Stock Company.
핵심 사항
- The charter capital of the joint stock company is 48,000,000,000 VND, of which the State holds 51%, employees within the company hold 42.51%, and 6.49% is sold to external parties.
- The actual value of the Dong Nam Textile Company is 189,520,900,124 VND, with the State's share being 48,088,994,713 VND.
- The joint stock company engages in businesses such as producing and trading textile yarns, ready-made garments, importing and exporting equipment and raw materials.
- The Dong Nam Textile Joint Stock Company becomes a legal entity under Vietnamese law from the date of registration for business operation.
- The Vietnam Textile and Garment Corporation is responsible for directing the sale of shares and organizing the first Shareholders' Meeting.
🌐 이 문서의 사회적 영향
- The process of joint stock conversion helps improve corporate governance efficiency and enhance competitiveness in the market.
- Employees within the company are given preferential treatment to purchase shares at a discounted value of 3,943,800,000 VND.
❓ 자주 묻는 질문
What is the charter capital structure of the Dong Nam Textile Joint Stock Company?
The charter capital of the joint stock company is 48,000,000,000 VND, of which the State holds 51%, employees within the company hold 42.51%, and 6.49% is sold to external parties. (Article 1)
What is the actual value of the Dong Nam Textile Company?
The actual value of the Dong Nam Textile Company as of December 31, 2003, for the purpose of joint stock conversion is 189,520,900,124 VND, of which the actual value of the State's share is 48,088,994,713 VND. (Article 1)
What industries does the Dong Nam Textile Joint Stock Company operate in?
The joint stock company operates in industries such as producing and trading textile yarns, ready-made garments, importing and exporting equipment and raw materials. (Article 3)
How are employees within the Dong Nam Textile Company given preferential treatment to purchase shares?
A total of 131,460 preferential shares were sold to 955 employees within the company at a discounted value of 3,943,800,000 VND, including 22 poor employees who were given preferential shares with deferred payment. (Article 1)
When does the Dong Nam Textile Joint Stock Company officially commence operations?
This decision takes effect fifteen days after its publication in the Official Gazette. (Article 6)
전문
Pursuant to …;
Regarding the transformation of Dong Nam Textile Company into
Dong Nam Textile 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 Textile and Garment Corporation (Report No. 1750 TTr/TCT dated September 20, 2004), the plan for the conversion of Dong Nam Textile Company into a joint stock company, and the verification report of the Enterprise Reform and Development Board on September 23, 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 conversion of Dong Nam Textile Company (an independent accounting member enterprise of Vietnam Textile and Garment Corporation) including the following main points:
The charter capital of the joint stock company is 48,000,000,000 VND (Forty-eight billion VND). Of which:
- Shareholding ratio sold outside the company: 10.04%.
- The proportion of shares sold to employees within the company: 42.51%;
- The proportion of shares sold outside the company: 6.49%.
Value of one share: 100,000 VND.
2. The actual value of Dong Nam Textile Company at the time of December 31, 2003 for the purpose of shareholding (Decision No. 1890/QĐ-TCKT dated July 19, 2004 of the Ministry of Industry) is 189,520,900,124 VND. Among this, the actual value of the State capital in the company is 48,088,994,713 VND.
3. Preferential treatment for employees of the Company.
The total number of preferential shares sold to 955 employees within the company is 131,460 shares with a preferential value of 3,943,800,000 VND. Among this, 4,540 preferential shares were sold on credit to 22 poor employees, valued at 317,800,000 VND.
4. Regarding the costs of shareholding, retraining employees, and resolving surplus labor, the company will process and report to Vietnam Textile and Garment Corporation and relevant state agencies for approval according to current regulations.
Article 2. Transform Dong Nam Textile Company into Dong Nam Textile Joint Stock Company,
- International trade name: DONGNAM TEXTILE JOINT STOCK COMPANY;
2. Certificate of establishment or decision on establishment of the organization (No...issued by the ministry, department, local government of...on...); DONATEXCO;
- Main office: No. 18/3 Au Co Street, Tan Thanh Ward, Tan Phu District, Ho Chi Minh City.
Article 3. The joint stock company engages in the following business activities:
- Producing, trading, and exporting various types of yarns, knitted fabrics, ready-made garments; dyeing and finishing fabrics and yarns;
- Trading and exporting: equipment, raw materials, supplies, spare parts, chemicals, dyes related to the textile and garment industry; agricultural, forestry, and sideline products, consumer goods, handicrafts;
- Trading in real estate and development services;
- Engaging in other businesses in accordance with the provisions of the law.
Article 4. Dong Nam Textile Joint Stock Company is a legal entity under Vietnamese law from the date of registration for business; it is entitled to use its own seal and open bank accounts in accordance with the law; it organizes and operates in accordance with the Articles of Association of the joint stock company and the Enterprise Law.
Article 5. Vietnam Textile and Garment Corporation is responsible for directing Dong Nam Textile Company to organize the sale of shares and to organize the first General Meeting of Shareholders of the joint stock company in accordance with current regulations.
Dong Nam Textile Joint Stock Company succeeds all rights and obligations of the Dong Nam Textile Company's joint venture in Domatex Dyeing and Finishing Company.
The General Director and Chief Accountant of Dong Nam Textile Company are responsible for managing the company's operations until the transfer of all capital, assets, labor, and land to the Board of Directors and General Director 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 the General Director of Vietnam Textile and Garment Corporation, the General Director of Dong Nam Textile Company, and the Chairman of the Board of Directors and the General Director of Dong Nam Textile Joint Stock Company are responsible for implementing this Decision./.
DEPUTY MINISTER
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