Decision No. 159/2004/QĐ-BCN on the conversion of Construction Company 3.2 to Construction Joint Stock Company 3.2

Decision No. 159/2004/QĐ-BCN of the Ministry of Industry on the conversion of Construction Company 3.2 to Construction Joint Stock Company 3.2, stipulating the charter capital structure, actual value of the company, benefits for employees, and business operations.

Số hiệu159/2004/QĐ-BCN
Loại văn bảnDecision
Cơ quan ban hànhMinistry of Industry and Trade
Người kýĐỗ Hữu Hào — Thứ trưởng
Cập nhật30/06/2026
NgànhIndustry and Trade
Lĩnh vựcUncategorized
Ngày ban hành06/12/2004
Ngày áp dụng25/12/2004
Ngày hết hiệu lực
Tình trạngIn effect
✦ Tóm lược thông minh

Decision No. 159/2004/QĐ-BCN of the Ministry of Industry on the conversion of Construction Company 3.2 to Construction Joint Stock Company 3.2, stipulating the charter capital structure, actual value of the company, benefits for employees, and business operations.

Đối tượng áp dụng

Construction Joint Stock Company 3.2 (after conversion from Construction Company 3.2).

Các điểm cốt lõi

  • The charter capital structure of the joint stock company is 5.2 billion VND, of which the State holds 30%, employees of the company hold 61.86%, and external sales account for 8.14%.
  • The actual value of Construction Company 3.2 at the time of shareholding reform was 32,130,784,211 VND.
  • Benefits for employees within the company include selling 22,283 preferential shares worth 668,490,000 VND, including 34 poor workers who were sold preferential shares with deferred payment.
  • The company engages in businesses such as electrical construction, production of building materials, investment and construction consultancy, real estate trading, etc.
  • Construction Joint Stock Company 3.2 is a legal entity under Vietnamese law from the date of registration for business operation.

🌐 Tác động xã hội từ văn bản này

  • Positive impact: Employees in the company have the opportunity to own shares, increasing income.
  • Negative impact: It may cause labor instability and management issues during the transition period.

❓ Câu hỏi thường gặp

What is the charter capital structure of the joint stock company?

The charter capital of the joint stock company is 5,200,000,000 VND (Five billion two hundred million VND).

What are the proportions of state-owned shares and employee shares in the company?

The proportion of state-owned shares is 30%, and employee shares in the company is 61.86%.

What is the actual value of Construction Company 3.2 at the time of shareholding reform?

The actual value of Construction Company 3.2 at the time of shareholding reform is 32,130,784,211 VND.

What benefits does the company offer to its employees?

A total of 22,283 preferential shares worth 668,490,000 VND were sold to 243 employees in the company.

What industries does the company operate in?

The company operates in industries such as electrical construction, production of building materials, investment and construction consultancy, real estate trading, etc.

Toàn văn

MINISTRY OF INDUSTRY

SOCIALIST REPUBLIC OF VIET NAM
Independence – Freedom – Happiness

Number: 159/2004/QĐ-BCN
Hanoi, December 6, 2004
Pursuant to …;
Regarding the transformation of Construction Installation Company 3.2 into Joint Stock Construction Installation Company 3.2
__________________ 

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 Construction Installation Company 3 (Document No. 03148 CV/XLĐ3-TCNS&ĐT dated November 30, 2004), the privatization plan for Construction Installation Company 3.2, and the review report of the Enterprise Reform and Development Board on December 3, 2004;

At the proposal of the Enterprise Reform and Development Board and the Director of the Organization and Cadre Department,

DECISION:

Article 1. Approves the privatization plan for Construction Installation Company 3.2, a wholly state-owned subsidiary of Construction Installation Company 3, with the main points as follows:

1. Capital structure:

The charter capital of the joint stock company is 5,200,000,000 VND (Five billion two hundred million VND). Of which:

- State share: 30.00%;

- Share sold to employees within the company: 61.86%;

- Share sold outside the company: 8.14%.

Value of one share: 100,000 VND.

2. The actual value of Construction Installation Company 3.2 at the time of January 1, 2004 for privatization (Decision No. 3201/QĐ-TCKT dated November 30, 2004 of the Ministry of Industry) is 32,130,784,211 VND. Among this, the actual value of the state's capital in the company is 5,303,294,935 VND.

3. Preferential treatment for employees of the Company.

The total number of preferential shares sold to 243 employees within the company is 22,283 shares with a preferential value of 668,490,000 VND. Among these, preferential shares sold on credit to 34 poor employees are 3,592 shares, valued at 251,440,000 VND.

4. Regarding the privatization costs and surplus labor resolution, the company will process and report to Construction Installation Company 3 and relevant state authorities for approval according to current regulations.

Article 2. Transform Construction Installation Company 3.2 into Joint Stock Construction Installation Company 3.2,

- English name: POWER CONSTRUCTION JOINT STOCK COMPANY 3.2;

- Abbreviation: PCC 3.2;

- Main office: No. 13 Mai Hac De Street, Le Loi Ward, Vinh City, Nghe An Province.

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

- Constructing power grid and substation projects up to 500 kV and power source projects; constructing industrial, civil, transportation, and water conservancy projects;

- Producing and trading construction materials, block bricks, terrazzo bricks, daramic bricks, and concrete products; mining stone;

- Processing and manufacturing spare parts and accessories for power installation; producing mechanical products, steel columns; trading electrical equipment;

- Testing and calibrating electrical equipment and accessories during the construction of power projects;

- Consulting on investment and construction, including project planning and evaluation; surveying, measuring, designing plans and projects; project management consulting;

- Trading urban housing development and technical infrastructure; trading interior and exterior decoration items; real estate services;

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

Article 4. Joint Stock Construction Installation Company 3.2 shall be a legal entity under Vietnamese law from the date of business registration, conducting independent economic accounting; it may use its own seal and open bank accounts in accordance with the law; it shall organize and operate in accordance with the Company Charter and the Law on Enterprises.

Article 5. Construction Installation Company 3 shall be responsible for directing Construction Installation Company 3.2 to organize the sale of shares and to organize the first General Meeting of Shareholders of Joint Stock Construction Installation Company 3.2 in accordance with current regulations.

The Director and Chief Accountant of Construction Installation Company 3.2 shall be responsible for managing the operations of Construction Installation Company 3.2 until the transfer of all capital, assets, and labor 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 Construction Installation Company 3, the Director of Construction Installation Company 3.2, the Board of Directors and General Manager of Joint Stock Construction Installation Company 3.2 are responsible for implementing this Decision./.

DEPUTY MINISTER OF INDUSTRY
DEPUTY MINISTER
(Signed)
Do Huu Hao
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