Decision No. 201/2003/QĐ-BCN on the conversion of Hung Yen Textile Machinery Company to Hung Yen Textile Machinery Joint Stock Company

Decision No. 201/2003/QĐ-BCN of the Ministry of Industry on the conversion of Hung Yen Textile Machinery Company to a joint stock company, stipulates the charter capital structure, actual value of the company, preferential treatment for employees, and business activities after conversion.

문서 번호201/2003/QĐ-BCN
문서 유형Decision
발행 기관Ministry of Industry and Trade
서명자Bùi Xuân Khu — Thứ trưởng
업데이트30. 06. 2026
산업Labour, War Invalids and Social Affairs
분야Uncategorized
발행일28. 11. 2003
발효일19. 12. 2003
효력 만료일
상태In effect
✦ 스마트 요약

Decision No. 201/2003/QĐ-BCN of the Ministry of Industry on the conversion of Hung Yen Textile Machinery Company to a joint stock company, stipulates the charter capital structure, actual value of the company, preferential treatment for employees, and business activities after conversion.

적용 범위

Hung Yen Textile Machinery Company after conversion, Vietnam National Textile and Garment Corporation, Board of Directors, General Director of Hung Yen Textile Machinery Joint Stock Company, employees in the company.

핵심 사항

  • After converting to a joint stock company, Hung Yen Textile Machinery Company has a charter capital of 5,000,000,000 VND, of which the State holds 10% and employees hold 90%.
  • The actual value of Hung Yen Textile Machinery Company at the time of shareholding reform is 29,041,929,044 VND, of which the State's capital value is 3,355,150,821 VND.
  • Employees are given preferential purchase rights for 45,000 shares with a total preferential value of 1,350,000,000 VND, including 2,694 preferentially sold shares for the poor.
  • The company engages in businesses such as mechanical production, garment manufacturing, construction materials, and industrial vocational training services.
  • The company operates independently according to the Articles of Association of the Joint Stock Company and the Enterprise Law.

🌐 이 문서의 사회적 영향

  • Positive impacts include improved corporate governance efficiency and enhanced competitiveness in the market through the conversion.
  • Negative impacts include shareholding reform costs and retraining labor, as well as potential difficulties that employees may face during the transition.

❓ 자주 묻는 질문

What is the charter capital of the company after conversion?

The charter capital of Hung Yen Textile Machinery Joint Stock Company is 5,000,000,000 VND.

What is the ratio of State-owned shares and employee shares in the company?

The State-owned share ratio is 10%, and the share ratio sold to employees in the company is 90%.

What is the actual value of Hung Yen Textile Machinery Company at the time of shareholding reform?

The actual value of Hung Yen Textile Machinery Company at the time of shareholding reform is 29,041,929,044 VND.

How many shares are employees given preferential purchase rights for?

Employees are given preferential purchase rights for 45,000 shares with a total preferential value of 1,350,000,000 VND.

What industries does the company engage in after conversion?

The company engages in businesses such as mechanical production, garment manufacturing, construction materials, and industrial vocational training services.

전문

MINISTRY OF INDUSTRY

SOCIALIST REPUBLIC OF VIETNAM
Independence - Freedom - Happiness

Number: 201/2003/QĐ-BCN

Hanoi, November 28, 2003

DECISION

Regarding the transformation of Hung Yen Textile Machinery Company into Hung Yen Textile Machinery Joint Stock Company

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 Vietnam Textile and Garment Corporation (Memorandum No. 2188 TTr/HĐQT dated November 14, 2003), the privatization plan for Hung Yen Textile Machinery Company, and the verification report on the plan by the Enterprise Reform and Development Board of the Ministry dated November 19, 2003;

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

Pursuant to …;

Article 1. Approving the privatization plan for Hung Yen Textile Machinery Company (a member enterprise operating independently under Vietnam Textile and Garment Corporation) which includes the following main points:

1. Capital structure:

The charter capital of the joint stock company is five billion dong (VND 5,000,000,000). Of this:

- State shareholding ratio: 10.00%;

- Shareholding ratio sold to employees within the company: 90.00%.

The value of one share: 100,000 VND.

2. The actual value of Hung Yen Textile Machinery Company at the valuation date of December 31, 2002 for privatization (Decision No. 2863/QĐ-TCKT dated November 3, 2003 of the Ministry of Industry) is VND 29,041,929,044. Among this, the actual value of the state capital in the company is VND 3,355,150,821.

3. Preferential treatment for employees of the Company.

The total number of preferential shares sold to 814 employees in the company is 45,000 shares with a preferential value of VND 1,350,000,000. Among these, the number of preferential shares sold on credit to 32 poor employees is 2,694 shares, valued at VND 188,580,000.

4. Regarding the privatization costs, retraining of employees, and resolution of surplus labor, the company shall process and report to Vietnam Textile and Garment Corporation and relevant state authorities for approval according to current regulations.

Article 2. Transforming Hung Yen Textile Machinery Company into Hung Yen Textile Machinery Joint Stock Company,

- International trade name: HUNGYEN GARMENT TEXTILE MECHANICAL JOINT STOCK COMPANY, abbreviated name: MEGATEX;

- Head office: No. 76 Nguyen Thien Thuat Street, Hung Yen City, Hung Yen Province.

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

- Production and trading of mechanical products;

- Production, trading, and import/export of textile products;

- Trading agency for construction materials;

- Vocational training services for mechanical and industrial sewing;

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

Article 4. Hung Yen Textile Machinery Joint Stock Company is a legal entity under Vietnamese law from the date of registration for business operations, conducting independent economic accounting, using its own seal, opening bank accounts in accordance with the law, and operating in accordance with the Company's Charter and the Law on Enterprises.

Article 5. Vietnam Textile and Garment Corporation is responsible for directing Hung Yen Textile Machinery Company to organize the sale of shares and convene the first General Meeting of Shareholders of the joint stock company in accordance with current regulations.

The Director and Chief Accountant of Hung Yen Textile Machinery 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 Manager of Hung Yen Textile Machinery Joint Stock Company.

Article 6. This Decision takes effect fifteen days from the date of publication in the Official Gazette.

The Head of the Ministry's Office, the Inspector General of the Ministry, the Heads of Departments and Bureaus under the Ministry, the Chairman of the Board of Directors, and the General Director of Vietnam Textile and Garment Corporation, the Director of Hung Yen Textile Machinery Company, and the Chairman of the Board of Directors and the General Manager of Hung Yen Textile Machinery Joint Stock Company are responsible for implementing this Decision./

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관계도

201/2003/QĐ-BCN
Decision No. 201/2003/QĐ-BCN on the conversion of Hung Yen Textile Machinery Company to Hung Yen Textile Machinery Joint Stock Company
In effect

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