Decision No. 157/2004/QĐ-BCN of the Ministry of Industry on the transformation of Rạng Đông Plastic Company into Rạng Đông Plastic Joint Stock Company, stipulating the charter capital structure, employee benefits, and business sectors.
Đối tượng áp dụng
Rạng Đông Plastic Company
Các điểm cốt lõi
- Rạng Đông Plastic Company transforms into a joint stock company with a charter capital of 90 billion VND, of which the State holds 51%, internal employees hold 37.4%, and external shares amount to 11.6%
- Employees are given preferential rights to purchase 91,460 shares with a preferential value of 2,743,800,000 VND, including 18,290 shares sold to the poor
- The company engages in businesses such as the production and trading of household plastics, technical plastics, machinery design, civil construction, comprehensive commerce, hotel services, etc.
- The company operates independently according to its Articles of Association and the Enterprise Law
- The company organizes the auction of external shares and convenes the first General Meeting of Shareholders
🌐 Tác động xã hội từ văn bản này
- Creating opportunities for employees to purchase shares, contributing to improving their income and ownership rights.
- Developing the enterprise economy through the successful transformation into a joint stock company, expanding the scale of operations.
❓ Câu hỏi thường gặp
What is the charter capital of Rạng Đông Plastic Joint Stock Company?
The charter capital of Rạng Đông Plastic Joint Stock Company is 90,000,000,000 VND.
What percentage of shares does the State hold in the company?
The State holds 51% of the shares in Rạng Đông Plastic Joint Stock Company.
How many shares are employees allowed to purchase preferentially?
Employees are allowed to purchase preferentially 91,460 shares.
In which business sectors does the company operate?
The company operates in the production and trading of household plastics, technical plastics, machinery, equipment, civil and industrial construction, comprehensive commerce, hotel services, etc.
When does this decision take effect?
This decision takes effect fifteen days from the date of publication in the Official Gazette.
Toàn văn
Pursuant to …;
Regarding the transformation of Rang Dong Plastic Company
into Rang Dong Plastic Joint Stock Company Rang Dong Plastic
____________
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 Rang Dong Plastic Company (document number 582/CV-HCTH dated November 14, 2004), the plan for the conversion of Rang Dong Plastic Company into a joint stock company and the verification report of the Enterprise Reform and Development Committee on November 18, 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 Rang Dong Plastic Company (a subsidiary under the Ministry of Industry) including the following main points:
The charter capital of the joint stock company is 90,000,000,000 VND (ninety billion VND). Among which:
- Shareholding ratio sold outside the company: 10.04%.
- The proportion of shares sold to employees within the company: 37.40%;
- The proportion of shares sold outside the company: 11.60%.
The value of one share: 100,000 VND.
2. The actual value of Rang Dong Plastic Company at the time of September 30, 2004 for the purpose of converting into a joint stock company (Decision No. 2913/QĐ-TCKT dated November 3, 2004 of the Ministry of Industry) is 195,047,806,802 VND. Among this, the actual value of the State's capital in the company is 69,789,608,569 VND.
The total number of preferential shares sold to 691 employees within the company is 91,460 shares with a preferential value of 2,743,800,000 VND. Among these, preferential shares sold on credit to 116 poor employees amount to 18,290 shares, valued at 1,280,300,000 VND.
4. Regarding the costs of converting into a joint stock company, retraining employees, and resolving surplus labor, the company will process the necessary procedures, report to the Ministry of Industry and relevant state authorities for approval according to current regulations.
Article 2. Transforming Rang Dong Plastic Company into Rang Dong Plastic Joint Stock Company,
- International trade name: RANGDONG PLASTIC JOINT STOCK COMPANY;
- Abbreviation: RANGDONG PLASTIC;
- Main office address: No. 190 Lac Long Quan Street, Ward 3, District 11, Ho Chi Minh City.
Article 3. The joint stock company engages in the following business activities:
- Producing and trading household and technical plastic products: plastic film; artificial leather; plastic sheet and board; plastic pipe; printed, coated, laminated packaging; construction plastic materials; plastic bottles; raincoats; bags and luggage;
- Designing and manufacturing machinery and equipment for the plastic industry;
- Trading and importing/exporting comprehensively; trading in civil and industrial construction; land leveling; renting offices; renting warehouses, machinery, and equipment; trading in hotels, catering services, comprehensive service and commercial activities;
- Organizing seminars, consulting, and training technical workers;
- Engaging in other businesses in accordance with the provisions of the law.
Article 4. Rang Dong Plastic Joint Stock Company is a legal entity under Vietnamese law from the date of registration for business operations, independently accounting for economic activities, using its own seal, opening bank accounts according to legal provisions, and operating according to the Company Charter and the Law on Enterprises.
Article 5. Rang Dong Plastic Company shall organize the public auction of shares to external parties in accordance with current regulations and convene the first General Meeting of Shareholders of Rang Dong Plastic Joint Stock Company in compliance with legal provisions.
Rang Dong Plastic Joint Stock Company shall inherit all rights and obligations of Rang Dong Plastic Company in Nha Trang Plastic Joint Stock Company.
The General Director and Chief Accountant of Rang Dong Plastic Company are responsible for managing the company's operations until the full transfer of 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 General Director of Rang Dong Plastic Company, and the Chairman of the Board of Directors and General Director of Rang Dong Plastic Joint Stock Company are responsible for implementing this Decision./.
DEPUTY MINISTER
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