Decision No. 145/2004/QĐ-BCN of the Ministry of Industry on transferring the Installation and Electrical Construction Workshop to become the Installation and Electrical Construction Joint Stock Company, stipulating the charter capital structure, actual value, benefits for employees, business sectors, and responsibilities for organizing implementation.
Đối tượng áp dụng
The Installation and Electrical Construction Joint Stock Company, Vietnam Industrial Construction Corporation, competent state agencies, and employees in the Installation and Electrical Construction Workshop.
Các điểm cốt lõi
- The Installation and Electrical Construction Workshop will be converted into a joint stock company with a charter capital of 7 billion VND, of which 86.80% will be sold to employees and 13.20% will be sold outside the workshop.
- The actual value of the Installation and Electrical Construction Workshop at the time of December 31, 2003 was 58,252,019,009 VND, of which the State's share value was 5,044,770,443 VND.
- Benefits for employees in the Workshop include selling them preferential shares totaling 39,210 shares worth 1,176,300,000 VND, including 4,550 shares to be paid off slowly for 32 poor workers.
- The joint stock company will operate in construction installation, processing, investment consulting and design, testing, calibration of electrical equipment, and real estate trading.
- Vietnam Industrial Construction Corporation is responsible for directing the Installation Company to organize the sale of shares and the first Shareholders' Meeting.
🌐 Tác động xã hội từ văn bản này
- Workers in the Installation and Electrical Construction Workshop will benefit from the conversion to a joint stock company through the purchase of preferential shares.
- The enterprise will have additional opportunities to expand its business scale and improve operational efficiency through diversification of business sectors.
- Vietnam Industrial Construction Corporation and competent state agencies must bear responsibility during the process of shareholding reform.
❓ Câu hỏi thường gặp
What is the charter capital of the joint stock company?
The charter capital of the joint stock company is 7,000,000,000 VND (Seven billion VND).
What percentage of shares are sold to employees in the Workshop?
The percentage of shares sold to employees in the Workshop is 86.80%.
What is the actual value of the Installation and Electrical Construction Workshop?
The actual value of the Installation and Electrical Construction Workshop at the time of December 31, 2003 was 58,252,019,009 VND.
What benefits are provided to employees in the Workshop?
Benefits for employees in the Workshop include selling them preferential shares totaling 39,210 shares worth 1,176,300,000 VND, including 4,550 shares to be paid off slowly for 32 poor workers.
In which business sectors does the joint stock company operate?
The joint stock company operates in construction installation, processing, investment consulting and design, testing, calibration of electrical equipment, and real estate trading.
Toàn văn
Pursuant to …;
Regarding the transfer of the Installation and Electric Construction Enterprise under
the Equipment Installation Corporation to the Installation and Electric Construction 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 Industrial Construction Corporation (Document No. 947/CV-ĐMDN dated November 22, 2004), the Privatization Plan of the Installation and Electric Construction Enterprise and the Appraisal Report of the Privatization Plan by the Enterprise Reform and Development Board 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. Approving the Privatization Plan of the Installation and Electric Construction Enterprise under the Equipment Installation Corporation (a subsidiary operating independently of Vietnam Industrial Construction Corporation) including the following main points:
1. Capital structure:
The charter capital of the joint stock company is 7,000,000,000 VND (Seven billion VND). Of which:
The proportion of shares sold to employees within the enterprise: 86.80%;
The proportion of shares sold outside the enterprise: 13.20%.
Value of one share: 100,000 VND.
2. The actual value of the Installation and Electric Construction Enterprise at the time of December 31, 2003 for privatization (Decision No. 2586/QĐ-TCKT dated October 1, 2004 of the Ministry of Industry) is 58,252,019,009 VND. Of which, the actual value of the State capital in the enterprise is 5,044,770,443 VND.
4. Regarding the privatization costs, retraining of employees, and surplus labor resolution of the enterprise, An Lac Shoe Company will handle the procedures, report to the Ministry of Industry and relevant state authorities for approval according to current regulations.
The total number of preferential shares sold to 282 employees in the enterprise is 39,210 shares with a preferential value of 1,176,300,000 VND. Of which, the number of preferential shares sold on credit to 32 poor employees is 4,550 shares, valued at 318,500,000 VND.
4. Regarding the privatization costs, retraining of employees and resolution of surplus labor in the enterprise, the Equipment Installation Corporation shall handle procedures, report to Vietnam Industrial Construction Corporation and relevant state agencies for approval according to current regulations.
Article 2. Transfer the Installation and Electric Construction Enterprise under the Equipment Installation Corporation to the Installation and Electric Construction Joint Stock Company,
International trade name: INSTALLATION AND ELECTRIC CONSTRUCTION JOINT STOCK COMPANY, abbreviated name: IEC;
Head office: No. 9+200 Nguyen Trai Street, Thanh Xuan District, Hanoi City.
Article 3. The joint stock company engages in the following business activities:
Installation and construction of power transmission lines and substations up to 500kV; installation and construction of power generation projects; construction of industrial, civil, infrastructure, road, and small-medium water conservancy projects;
Processing and manufacturing steel structures; manufacturing and assembly of high, medium, and low voltage switchgear and specialized accessories for electrical installation;
Investment consulting, project development; design consulting for industrial and civil projects, electrical projects; investment in infrastructure construction, real estate business;
Testing and calibration of electrical equipment;
Engaging in other businesses in accordance with the provisions of the law.
Article 4. The Installation and Electric Construction Joint Stock Company is a legal entity under Vietnamese law from the date of registration for business; it may use its 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 Industrial Construction Corporation is responsible for directing the Equipment Installation Corporation 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.
The Director and Chief Accountant of the Equipment Installation Corporation are responsible for managing the operations of the Installation and Electric Construction Enterprise until the entire capital, assets, labor, and land are transferred to the Board of Directors and General Manager of the Installation and Electric Construction 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 General Director of Vietnam Industrial Construction Corporation, the Director of the Equipment Installation Corporation, the Chairman of the Board of Directors and General Director of the Installation and Electric Construction Joint Stock Company are responsible for implementing this Decision./.
DEPUTY MINISTER
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