Decision No. 1805/2003/QĐ-BTM of the Ministry of Trade on transferring the Petrolimex Oil and Gas Construction Consulting Company to the Petrolimex Construction Consulting Joint Stock Company, including contents such as the form of shareholding, charter capital structure, employee benefits, and the business tasks of the new company.
적용 범위
The Petrolimex Oil and Gas Construction Consulting Company, the Vietnam Oil General Corporation, the Board of Directors, the General Director of the Vietnam Oil General Corporation, and the Director of the Petrolimex Oil and Gas Construction Consulting Company.
핵심 사항
- The Petrolimex Oil and Gas Construction Consulting Company is converted into a joint stock company with a charter capital of 3,600,000,000 VND, of which the State holds 5%, and employees hold 49%.
- Employees are granted a preference of 17,760 shares and sold on credit to poor employees 220 shares.
- The Petrolimex Construction Consulting Joint Stock Company has the task of conducting construction consulting services, installing oil and gas facilities, industrial and civil engineering projects.
- After the shareholding reform, the company uses proceeds from the sale of shares for training costs and shareholding reform, with any surplus transferred to the Vietnam Oil General Corporation.
- The new company operates according to the Articles of Association of the Joint Stock Company and the Enterprise Law.
🌐 이 문서의 사회적 영향
- Positive impacts include improving corporate governance efficiency through shareholding reform and creating opportunities for employees to participate in ownership.
- Negative impacts include the financial burden on the company due to training and shareholding reform costs.
- Employees benefit from the shareholding reform but also face risks related to the value of their shares.
❓ 자주 묻는 질문
What is the charter capital of the Petrolimex Construction Consulting Joint Stock Company?
The charter capital of the Petrolimex Construction Consulting Joint Stock Company is 3,600,000,000 VND.
What percentage of the charter capital does the State hold in the new company?
The State holds 5% of the charter capital of the Petrolimex Construction Consulting Joint Stock Company.
How are employees being favored?
Employees are granted a preference of 17,760 shares valued at 532,800,000 VND and sold on credit to poor employees 220 shares, each share valued at 15,400,000 VND.
What are the business tasks of the new company?
The new company has the task of providing construction consulting services for oil and gas projects, infrastructure projects, industrial projects, and civil projects; installing oil and gas facilities, industrial projects, and civil projects; selling equipment and storage facilities for oil and gas projects; and operating other fields in accordance with the law.
When does this decision take effect?
This decision takes effect fifteen days after its publication in the Official Gazette.
전문
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MINISTRY OF TRADE |
SOCIALIST REPUBLIC OF VIETNAM |
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Number: 1805/2003/QĐ-BTM |
Hanoi, December 24, 2003 |
Pursuant to …;
Regarding the transformation of Petrolimex Oil and Gas Construction Consulting Company under Vietnam Oil and Gas Corporation into Petrolimex Construction Consulting Joint Stock Company.
_________
THE MINISTER OF TRADE
Pursuant to Decree No. 95/CP dated December 4, 1993 of the Government on the functions, tasks, powers, and organizational structure of the Ministry of Trade;
Pursuant to Decree No. 64/2002/NĐ-CP dated June 19, 2002 of the Government on the transformation of State-owned enterprises into joint stock companies.
Considering the proposal of Vietnam Oil and Gas Corporation (Proposal No. 2050/XD-HĐBT dated December 19, 2003) and the opinions of the members of the Enterprise Reform and Development Board of the Ministry;
DECISION:
Article 1. Approves the plan for the transformation of Petrolimex Oil and Gas Construction Consulting Company into a joint stock company as follows:
1. Form of transformation: Maintain the existing State capital in the enterprise, issue shares to attract additional capital to transform into a joint stock company.
2. Capital structure:
Registered capital of the joint stock company: 3,600,000,000 VND (three billion six hundred million Vietnamese dong).
State capital: 5% of the registered capital.
Laborers in the enterprise: 49% of the registered capital. rate.
The value of the State-owned enterprise at the time of determining the enterprise's value according to the Decision of the Ministry of Trade No. 1466/2003/QĐ-BTM dated November 7, 2003.
Actual value of the enterprise: 6,317,449,265 VND (six billion three hundred seventeen million four hundred forty-nine thousand two hundred sixty-five Vietnamese dong).
Of which, the actual value of the State capital in the enterprise is 1,973,291,330 VND (one billion nine hundred seventy-three million two hundred ninety-one thousand three hundred thirty Vietnamese dong).
3. Preference for laborers in the enterprise: 17,760 shares with a preferential value of 532,800,000 VND (five hundred thirty-two million eight hundred thousand Vietnamese dong).
Value of shares sold to poor workers in the enterprise to be paid gradually: 220 shares worth 15,400,000 VND (fifteen million four hundred thousand Vietnamese dong).
4. After the transformation, the enterprise shall use the proceeds from the sale of shares as follows:
Training costs and retraining costs, transformation costs shall be implemented in accordance with Decree No. 64/2002/NĐ-CP dated June 19, 2002 of the Government and guiding Circulars of the Ministry of Finance. Petrolimex Oil and Gas Construction Consulting Company shall submit to Vietnam Oil and Gas Corporation and the Ministry for approval.
The remaining amount shall be transferred to the account of Vietnam Oil and Gas Corporation in accordance with the provisions of the State.
Article 2. Transform Petrolimex Oil and Gas Construction Consulting Company into Petrolimex Construction Consulting Joint Stock Company:
a) Name:
Full name in Vietnamese: Petrolimex Construction Consulting Joint Stock Company.
Foreign name: Petrolimex Engineering Joint-Stock Company.
Abbreviation: PEC
b) Head office address: No. 149 Truong Chinh Street, Thanh Xuan District, Hanoi City.
Article 3. Petrolimex Construction Consulting Joint Stock Company is a legal entity under Vietnamese law from the date of registration for business, implements independent economic accounting, uses its own seal, opens accounts at banks in accordance with the law, operates in accordance with the Articles of Association of the joint stock company and the Law on Enterprises.
Petrolimex Construction Consulting Joint Stock Company is a member of Vietnam Oil and Gas Corporation.
Article 4. Petrolimex Construction Consulting Joint Stock Company has the following business tasks:
Providing construction consulting services for oil and gas projects, infrastructure projects, industrial projects, and civil projects.
Undertaking construction and installation works for oil and gas facilities, industrial projects, and civil projects.
Trading equipment and storage facilities for oil and gas projects.
Engaging in other business areas in accordance with the law.
Article 5. Direct the Chairman of the Board of Directors and General Director of Vietnam Oil and Gas Corporation to instruct Petrolimex Oil and Gas Construction Consulting Company to sell the first batch of shares, organize the Shareholders' Meeting of Petrolimex Construction Consulting Joint Stock Company, and transfer funds, assets, laborers, and related documents to the Board of Directors of Petrolimex Construction Consulting Joint Stock Company in accordance with current State regulations.
Article 6. This Decision takes effect fifteen days after its publication in the Official Gazette. Any previous documents that conflict with this Decision are hereby abolished.
Article 7. The Heads of the Ministry’s Office, the Director of the Cadre and Civil Servant Department, the Heads of relevant units under the Ministry, the Chairman of the Board of Directors, the General Director of Vietnam Oil and Gas Corporation, and the Director of Petrolimex Oil and Gas Construction Consulting Company are responsible for implementing this Decision./.
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DEPUTY MINISTER |
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