Decision No. 139/2004/QĐ-BCN on the transfer of Construction and Building Materials Company No. 5 to Investment and Construction Joint Stock Company No. 5

Decision on transferring Construction and Building Materials Company No. 5 to Investment and Construction Joint Stock Company No. 5, stipulating the charter capital structure, actual value, employee benefits, business sectors, and responsibilities of related parties.

Số hiệu139/2004/QĐ-BCN
Loại văn bảnDecision
Cơ quan ban hànhMinistry of Industry and Trade
Người kýNguyễn Xuân Thuý — Thứ trưởng
Cập nhật30/06/2026
Lĩnh vựcUncategorized
Ngày ban hành22/11/2004
Ngày áp dụng16/12/2004
Ngày hết hiệu lực
Tình trạngIn effect
✦ Tóm lược thông minh

Decision on transferring Construction and Building Materials Company No. 5 to Investment and Construction Joint Stock Company No. 5, stipulating the charter capital structure, actual value, employee benefits, business sectors, and responsibilities of related parties.

Đối tượng áp dụng

Construction and Building Materials Company No. 5, Vietnam Industrial Construction Corporation, Board of Directors, General Director of Investment and Construction Joint Stock Company No. 5.

Các điểm cốt lõi

  • Construction and Building Materials Company No. 5 → is transferred to Investment and Construction Joint Stock Company No. 5 with a charter capital of 12,500,000,000 VND, of which the State holds 54%, employees 38.35%, and external sale 7.65%.
  • The company → engages in business sectors such as investment consulting, design, construction installation, production of building materials, import and export of raw materials, real estate trading.
  • The Board of Directors and General Director of the Joint Stock Company → are responsible for organizing the sale of shares and convening the first Shareholders' Meeting.
  • Employees in the company → are entitled to purchase 25,624 shares at a preferential price, including 18 poor workers who can buy shares on deferred payment terms.
  • The company → must report on the costs of shareholding conversion, retraining of employees, and surplus labor resolution to Vietnam Industrial Construction Corporation and relevant state authorities.

🌐 Tác động xã hội từ văn bản này

  • Positive impact: Creates a joint stock enterprise, enhancing flexibility in management and business operations.
  • Negative impact: May cause difficulties for employees in purchasing preferential shares.

❓ Câu hỏi thường gặp

What is the charter capital of Investment and Construction Joint Stock Company No. 5?

The charter capital of Investment and Construction Joint Stock Company No. 5 is 12,500,000,000 VND.

What percentage does the State hold in the charter capital?

The State holds 54% in the charter capital of Investment and Construction Joint Stock Company No. 5.

How many shares are employees entitled to purchase at a preferential price?

Employees are entitled to purchase 25,624 shares at a preferential price.

In which business sectors does the company operate?

The company operates in business sectors such as investment consulting, design, construction installation, production of building materials, import and export of raw materials, real estate trading.

How are employees entitled to purchase shares at a preferential price?

Employees are entitled to purchase 25,624 shares at a preferential price of 768,720,000 VND, including 18 poor workers who can buy shares on deferred payment terms.

Toàn văn

MINISTRY OF INDUSTRY

SOCIALIST REPUBLIC OF VIET NAM
Independence – Freedom – Happiness

Number: 139/2004/QĐ-BCN
Hanoi, November 22, 2004

Pursuant to …;

Regarding the transformation of Construction and Building Materials Installation Company No. 5

into Investment and Construction Joint Stock Company No. 5 

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 Industrial Construction Corporation (Document No. 929/CV-ĐMDN dated November 16, 2004), the Privatization Plan of Construction and Building Materials Installation Company No. 5, and the Appraisal Report of the Enterprise Reform and Development Board of the Ministry on November 11, 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 Privatization Plan of Construction and Building Materials Installation Company No. 5 (an independent accounting member enterprise of Vietnam Industrial Construction Corporation) including the following main points:

1. Capital structure:

The charter capital of the joint stock company is 12,500,000,000 VND (Twelve billion five hundred million VND). Of which:

- State shareholding ratio: 54.00%;

- Shareholding ratio sold to employees within the company: 38.35%;

- Shareholding ratio sold outside the company: 7.65%.

Value of one share: 100,000 VND.

2. The actual value of Construction and Building Materials Installation Company No. 5 at the time of December 31, 2003 for privatization (Decision No. 2517/QĐ-TCKT dated September 24, 2004 of the Ministry of Industry) is 79,467,761,613 VND. Among this, the actual value of the state capital in the company is 10,818,047,041 VND.

3. Preferential treatment for employees of the Company.

The total number of preferential shares sold to 205 employees within the company is 25,624 shares with a preferential value of 768,720,000 VND. Among this, 2,757 preferential shares were sold on credit to 18 poor employees, valued at 192,990,000 VND.

4. Regarding the privatization costs, retraining of employees, and surplus labor resolution, the company will process and report to Vietnam Industrial Construction Corporation and relevant state authorities for approval according to current regulations.

Article 2. Transform Construction and Building Materials Installation Company No. 5 into Investment and Construction Joint Stock Company No. 5,

- International trade name: CONSTRUCTION INVESTMENT JOINT STOCK COMPANY No. 5, abbreviated name: CISCO.5;

- Main office address: No. 22 Ly Tu Trong Street, Ben Nghe Ward, District 1, Ho Chi Minh City.

Article 3. The joint stock company engages in the following business activities:

- Investment consulting, design, construction installation of industrial, residential, transportation, power transmission lines and substations projects;

- Installation of technological equipment, electrical-water supply, measurement, automation, fire prevention and extinguishing systems;

- Production and trading of building materials, metal products, paraffin, acetylene gas; liquefied petroleum gas (LPG) filling and trading; agency services, warehouses, blasting and rock drilling operations;

- Import and export of raw materials, construction materials, and equipment;

- Real estate trading;

- Engaging in other businesses in accordance with the provisions of the law.

Article 4. Investment and Construction Joint Stock Company No. 5 is a legal entity under Vietnamese law from the date of business registration; it may use its own seal and open bank accounts in accordance with the law; organize and operate according to the Charter of the joint stock company and the Law on Enterprises.

Article 5. Vietnam Industrial Construction Corporation is responsible for directing Construction and Building Materials Installation Company No. 5 to organize the sale of shares and convene the first General Meeting of Shareholders of the joint stock company in accordance with current regulations.

The Director and Chief Accountant of Construction and Building Materials Installation Company No. 5 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 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, Heads of Departments and Bureaus under the Ministry, the Chairman of the Board of Directors, and the General Director of Vietnam Industrial Construction Corporation, the Director of Construction and Building Materials Installation Company No. 5, and the Chairman of the Board of Directors and the General Director of Investment and Construction Joint Stock Company No. 5 are responsible for implementing this Decision./.

DEPUTY MINISTER
DEPUTY MINISTER
(Signed)
Nguyen Xuan Thuy
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Bản đồ quan hệ

139/2004/QĐ-BCN
Decision No. 139/2004/QĐ-BCN on the transfer of Construction and Building Materials Company No. 5 to Investment and Construction Joint Stock Company No. 5
In effect

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