Decision No. 155/2004/QĐ-BCN on the conversion of Phú Lâm Shoe Company into Phú Lâm Shoe Joint Stock Company

Decision No. 155/2004/QĐ-BCN of the Ministry of Industry on the conversion of Phú Lâm Shoe Company into Phú Lâm Shoe Joint Stock Company, stipulates the charter capital structure, actual value of the company, benefits for employees, and business sectors.

文号155/2004/QĐ-BCN
文件类型Decision
发布机关Ministry of Industry and Trade
签署人Bùi Xuân Khu — Thứ trưởng
更新30/06/2026
行业Industry and Trade
领域Uncategorized
发布日期03/12/2004
生效日期24/12/2004
失效日期
状态In effect
✦ 智能摘要

Decision No. 155/2004/QĐ-BCN of the Ministry of Industry on the conversion of Phú Lâm Shoe Company into Phú Lâm Shoe Joint Stock Company, stipulates the charter capital structure, actual value of the company, benefits for employees, and business sectors.

要点

  • Phú Lâm Shoe Company has a charter capital of 6,500,000,000 VND, of which 100% of shares are sold to employees at a price of 100,000 VND per share.
  • The actual value of Phú Lâm Shoe Company at the time of shareholding transformation is 72,302,009,160 VND, of which the state-owned capital portion is 6,376,851,646 VND.
  • Employees in the company are given preferential treatment to purchase 65,000 shares with a total preferential value of 1,950,000,000 VND.
  • The joint stock company engages in business sectors such as production and trading of leather - shoes, weaving - sewing, packaging materials, transportation, renting of factory buildings, real estate, and other business sectors in accordance with the law.
  • The joint stock company operates independently according to the Company Charter and the Enterprise Law.

🌐 本文件的社会影响

  • Employees in Phú Lâm Shoe Company will be given preferential treatment to purchase shares, creating opportunities for shared ownership for employees.
  • The transformed joint stock company will expand its business scale and improve the efficiency of its operations.

❓ 常见问题

What is the charter capital of Phú Lâm Shoe Company?

The charter capital of the joint stock company is 6,500,000,000 VND (Six billion five hundred million VND).

How many shares are employees in Phú Lâm Shoe Company entitled to purchase under preferential terms?

Employees in the company are entitled to purchase 65,000 shares under preferential terms.

What is the value of each share of Phú Lâm Shoe Company?

The value of one share is 100,000 VND.

In which business sectors does Phú Lâm Shoe Company operate?

The company engages in business sectors such as production and trading of leather - shoes, weaving - sewing, packaging materials, transportation, renting of factory buildings, real estate, and other business sectors in accordance with the law.

Under which regulations does Phú Lâm Shoe Joint Stock Company operate?

The joint stock company operates according to the Company Charter and the Enterprise Law.

全文

MINISTRY OF INDUSTRY

SOCIALIST REPUBLIC OF VIET NAM
Independence – Freedom – Happiness

Number: 155/2004/QĐ-BCN
Hanoi, December 3, 2004

Pursuant to …;

Regarding the conversion of Phu Lam Shoe Company into Phu Lam Shoe Joint Stock Company

_____________________________

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 Phu Lam Shoe Company (document number 422/CV-GPL-2004 dated November 24, 2004), the plan for converting Phu Lam Shoe Company into a joint stock company, and the verification report of the Enterprise Reform and Development Board on December 2, 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 to convert Phu Lam Shoe Company (a subsidiary under the Ministry of Industry) including the following main points:

1. Capital structure:

The registered capital of the joint stock company is 6,500,000,000 VND (Six billion five hundred million VND).

The proportion of shares sold to employees within the company: 100.00%.

The value of one share: 100,000 VND.

2. The actual value of Phu Lam Shoe Company at the time of December 31, 2002 for the purpose of conversion (decisions: number 3040/QĐ-TCKT dated November 15, 2004 and number 3141/QĐ-TCKT dated November 24, 2004 of the Ministry of Industry) is 72,302,009,160 VND. Among this, the actual value of the State-owned capital in the company is 6,376,851,646 VND.

3. Preferential treatment for employees of the Company.

The total number of preferential shares sold to 1,872 employees within the company is 65,000 shares with a preferential value of 1,950,000,000 VND.

4. Regarding the costs of conversion, retraining employees, and resolving surplus labor, the company shall process the necessary procedures, report to the Ministry of Industry, and obtain approval from relevant state authorities according to current regulations.

Article 2. Converts Phu Lam Shoe Company into Phu Lam Shoe Joint Stock Company,

- International trade name: PHULAM FOOTWEAR JOINT STOCK COMPANY;

- Abbreviation: FULAM;

- Head office: 71C Ly Chau Hoang Street, Ward 10, District 6, Ho Chi Minh City.

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

- Producing, trading, and exporting various types of raw materials and products in the leather and footwear industry;

- Trading and exporting various types of raw materials, equipment, spare parts, chemicals in the textile and garment industry; office equipment, consumer goods;

- Producing and printing various types of packaging;

- Acting as an agent for storage, introduction, and sales of products;

- Trading transportation services;

- Trading and leasing factory premises and warehouses; investing in real estate business;

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

Article 4. Phu Lam Shoe Joint Stock Company is a legal entity under Vietnamese law from the date of registration for business, operates independently economically, uses its own seal, opens bank accounts according to the law, and operates according to the Articles of Association of the joint stock company and the Law on Enterprises.

Article 5. Phu Lam Shoe Company organizes the sale of shares and convenes the first General Meeting of Shareholders of the joint stock company in accordance with the provisions of the law.

The General Director and Chief Accountant of Phu Lam Shoe 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 Phu Lam Shoe 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, the Heads of Departments and Bureaus under the Ministry, the General Director of Phu Lam Shoe Company, and the Chairman of the Board of Directors and General Director of Phu Lam Shoe Joint Stock Company are responsible for implementing this Decision./.

DEPUTY MINISTER
DEPUTY MINISTER
(Signed)
Bui Xuan Khu
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