Decision No. 152/2004/QĐ-BCN of the Ministry of Industry on the conversion of Phuc Yen Shoe Factory under Vietnam Leather and Shoe Corporation into Phuc Yen Shoe Joint Stock Company, stipulates the charter capital structure, actual value, employee benefits, and business conditions of the new company.
Đối tượng áp dụng
Phuc Yen Shoe Joint Stock Company, Phuc Yen Shoe Factory, Vietnam Leather and Shoe Corporation, employees in Phuc Yen Shoe Factory
Các điểm cốt lõi
- Phuc Yen Shoe Factory is converted into a joint stock company with a charter capital of 5 billion VND, of which the State holds 20%, and employees hold 80%.
- The actual value of the factory at the time of shareholding reform is 28,887,221,881 VND, including 1,420,997,914 VND of state capital and 1,005,000,000 VND of additional capital from Vietnam Leather and Shoe Corporation.
- Employees in the factory are given preferential treatment to purchase 39,474 shares with a preferential value of 1,184,220,000 VND.
- The joint stock company engages in businesses related to shoe production, import, and service.
- The company has the right to use its own seal and open bank accounts according to the provisions of the law.
🌐 Tác động xã hội từ văn bản này
- Creating opportunities for employees to purchase shares at preferential prices, increasing income and shared ownership.
- Aiding Vietnam Leather and Shoe Corporation in restructuring the enterprise according to the joint stock company model.
- Promoting the development of the local footwear manufacturing industry.
❓ Câu hỏi thường gặp
What is the charter capital of the joint stock company?
The charter capital of the joint stock company is 5 billion VND (5,000,000,000 VND).
What is the proportion of state shares and employee shares in Phuc Yen Shoe Factory?
The state share ratio is 20%, while the share ratio sold to employees in the factory is 80%.
What is the actual value of Phuc Yen Shoe Factory at the time of shareholding reform?
The actual value of Phuc Yen Shoe Factory at the time of shareholding reform is 28,887,221,881 VND.
How many shares are employees given preferential treatment to purchase?
Employees in the factory are given preferential treatment to purchase 39,474 shares.
What industries does the joint stock company operate in?
The joint stock company operates in the production of leather goods and footwear, import and export of raw materials and supplies for the company's production and business activities.
Toàn văn
Pursuant to …;
Regarding the conversion of Phuc Yen Shoe Factory under Vietnam Leather Footwear Corporation into Phuc Yen Shoe 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 Leather Footwear Corporation (document No. 266/KTGD dated November 25, 2004), the plan for the conversion of Phuc Yen Shoe Factory into a joint stock company, and the appraisal report of the Enterprise Reform and Development Board on this plan dated November 3, 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 plan for the conversion of Phuc Yen Shoe Factory under Vietnam Leather Footwear Corporation (a subordinate enterprise of the Ministry of Industry) including the following main points:
1. Capital structure:
The charter capital of the company is five billion Vietnamese dong (VND 5,000,000,000). Of which:
State shareholding ratio: 20.00%;
Shareholding ratio sold to employees of the factory: 80.00%.
Value of one share: 100,000 VND.
2. The actual value of Phuc Yen Shoe Factory at the time of December 31, 2003 for the purpose of conversion (Decision No. 1943/QĐ-TCKT dated July 26, 2004 of the Ministry of Industry) is VND 28,887,221,881. Among that, the actual value of the state capital portion in the factory is VND 1,420,997,914.
Additional capital provided by Vietnam Leather Footwear Corporation for Phuc Yen Shoe Factory is VND 1,005,000,000 (Decision No. 90 QĐ/TCKT dated October 1, 2004 of Vietnam Leather Footwear Corporation).
3. Employee benefits.
A total of 39,474 shares with a discounted value of VND 1,184,220,000 are sold preferentially to 2,061 employees of the factory.
4. Regarding the costs of conversion, retraining of employees, and resolution of surplus labor at the factory, Vietnam Leather Footwear Corporation will handle the procedures and report to the Ministry of Industry and relevant state authorities for approval according to current regulations.
Article 2. Converting Phuc Yen Shoe Factory under Vietnam Leather Footwear Corporation into Phuc Yen Shoe Joint Stock Company,
- International trade name: PHUCYEN SHOES JOINT STOCK COMPANY;
- Abbreviation: PYSHO-CO;
- Head office: Phuc Yen City, Vinh Phuc Province.
Article 3. The joint stock company engages in the following business activities:
- Producing leather goods, footwear, various leather products, faux leather products, and other raw materials and auxiliary materials;
- Importing and exporting raw materials, auxiliary materials, supplies, equipment parts, and other goods necessary for production and business operations of the company;
- Training and vocational education services for footwear industry workers; information and advertising services;
- Engaging in other businesses in accordance with the provisions of the law.
Article 4. Phuc Yen Shoe Joint Stock Company is a legal entity under Vietnamese law from the date it receives its business registration; it may use its own seal and open bank accounts in accordance with the law; organize and operate in accordance with the Company's Charter and the Law on Enterprises.
Article 5. Vietnam Leather Footwear Corporation shall organize the sale of shares and convene the first General Meeting of Shareholders of Phuc Yen Shoe Joint Stock Company in accordance with current regulations.
The General Director and Chief Accountant of Vietnam Leather Footwear Corporation are responsible for managing the operations of the factory until the full transfer of capital, assets, labor, and facilities 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, the Heads of Departments and Bureaus under the Ministry, the General Director of Vietnam Leather Footwear Corporation, the Director of Phuc Yen Shoe Factory, and the Chairman of the Board of Directors and General Manager of Phuc Yen Shoe Joint Stock Company are responsible for implementing this Decision./.
DEPUTY MINISTER
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