Decision No. 160/2004/QĐ-BCN of the Ministry of Industry on the conversion of Company 3.9 Electrical Installation Corporation into Company 3.9 Electrical Installation Joint Stock Corporation, including the charter capital structure, employee benefits, and business sectors.
适用范围
Company 3.9 Electrical Installation Corporation
要点
- Company 3.9 Electrical Installation Corporation → is converted into Company 3.9 Electrical Installation Joint Stock Corporation with a charter capital of 4.1 billion VND, of which the State holds 25%, employees within the company hold 63.64%, and 11.36% is sold to external parties.
- The Company → engages in businesses such as electrical installation systems, transformer stations, civil construction projects, transportation, water conservancy, production of building materials, real estate trading, and tourism.
- Company 3.9 Electrical Installation Joint Stock Corporation → operates independently economically, uses its own seal, and opens bank accounts according to the law.
- Employees in the Company → are given preferential rights to purchase 15,220 shares at a discounted value of 456.6 million VND, of which 38 impoverished workers are offered deferred payment discounts.
- Company 3.9 Electrical Installation Corporation → is responsible for organizing the sale of shares and the first General Meeting of Shareholders for the Joint Stock Corporation.
🌐 本文件的社会影响
- Positive impact: Creates opportunities for employees to purchase shares, contributing to economic and social development.
- Negative impact: May cause difficulties during the enterprise conversion process.
❓ 常见问题
How many shares does Company 3.9 Electrical Installation Corporation sell?
Company 3.9 Electrical Installation Corporation sells a total of 412,800 shares (25% + 63.64%).
How many shares do employees in the Company have preferential rights to buy?
Employees in the Company are given preferential rights to purchase 15,220 shares.
What industries does Company 3.9 Electrical Installation Corporation operate in?
Company 3.9 Electrical Installation Corporation operates in industries such as electrical installation systems, transformer stations, civil construction projects, transportation, water conservancy, production of building materials, real estate trading, and tourism.
Does Company 3.9 Electrical Installation Joint Stock Corporation have the right to use its own seal?
Yes, Company 3.9 Electrical Installation Joint Stock Corporation has the right to use its own seal according to the law.
When does this decision take effect?
This decision takes effect 15 days from the date of publication in the Official Gazette.
全文
Pursuant to …;
Regarding the transformation of Construction Installation Company 3.9 into
Joint Stock Construction Installation Company 3.9
_____________________
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. 03146 CV/XLĐ3-TCNS&ĐT dated November 30, 2004), the privatization plan for Construction Installation Company 3.9, and the review report on the plan by the Enterprise Reform and Development Board of the Ministry dated December 3, 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 privatization plan for Construction Installation Company 3.9, a subsidiary of Construction Installation Company 3, which includes the following main points:
1. Capital structure:
The charter capital of the joint stock company is 4,100,000,000 VND (Four billion, one hundred million VND). Of this amount:
- State share: 25.00%;
- Share sold to employees within the company: 63.64%;
- Share sold outside the company: 11.36%.
The value of one share: 100,000 VND.
2. The actual value of Construction Installation Company 3.9 at the time of privatization on January 1, 2004 (Decision No. 3202/QĐ-TCKT dated November 30, 2004 of the Ministry of Industry) is 12,433,110,396 VND. Among this, the actual value of the state capital in the company is 4,170,833,235 VND.
3. Preferential treatment for employees of the Company.
A total of 15,220 preferential shares are sold to 243 employees within the company with a preferential value of 456,600,000 VND. Among these, 2,925 preferential shares are sold on credit to 38 poor employees, valued at 204,750,000 VND.
4. Regarding the costs of privatization and the resolution of surplus labor, 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 3.9 into Joint Stock Construction Installation Company 3.9.
- English name: POWER CONSTRUCTION JOINT STOCK COMPANY 3.9;
- Abbreviation: PCC 3.9;
- Head office: No. 6 Hung Vuong Street, Loc Tho Ward, Nha Trang City, Khanh Hoa Province.
Article 3. The joint stock company engages in the following business activities:
- Installation of power grid and transformer substations up to 500 kV and power source projects; construction of industrial, civil, transportation, and water conservancy projects;
- Development of housing and urban technical infrastructure, industrial zones, export processing zones, high-tech zones, and new economic zones;
- Production and trading of building materials;
- Trading of interior and exterior decoration items; real estate services;
- Hotel, restaurant operations and related services;
- Passenger transport services by water and road;
- International and domestic tourism and travel services;
- Cargo transportation services;
- Engaging in other businesses in accordance with the provisions of the law.
Article 4. Joint Stock Construction Installation Company 3.9 shall be a legal entity under Vietnamese law from the date of registration for business, 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's Articles of Association and the Law on Enterprises.
Article 5. Construction Installation Company 3 shall organize the sale of shares and convene the first General Meeting of Shareholders of Joint Stock Construction Installation Company 3.9 in accordance with current regulations.
The General Director and Chief Accountant of Construction Installation Company 3 shall be responsible for managing the affairs of Construction Installation Company 3.9 until the transfer of all capital, assets, and personnel 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 3.9, the Board of Directors and General Manager of Joint Stock Construction Installation Company 3.9 are responsible for implementing this Decision./.
DEPUTY MINISTER
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