Decision No. 21/2005/QĐ-BCN of the Minister of Industry amended the share ratio and benefits for employees in Mineral Development Company 5 when it was transformed into Mineral Joint Stock Company 5. The share ratio sold to employees is 26.50%, including 3,845 deferred payment preferential shares for poor workers.
Đối tượng áp dụng
Mineral Development Company 5 and Mineral Joint Stock Company 5
Các điểm cốt lõi
- The joint stock company has a registered capital of 3,600,000,000 VND, of which 26.50% of shares are sold to employees and 73.50% are sold outside the company.
- The price of one share is 100,000 VND.
- Benefits for employees: The total number of preferential shares is 8,071 with a value of 242,130,000 VND, including 3,845 deferred payment preferential shares for 55 poor workers valued at 269,150,000 VND.
- This decision takes effect fifteen days from the date of publication in the Official Gazette.
🌐 Tác động xã hội từ văn bản này
- Employees in the company will benefit from preferential shares but also bear financial burdens when purchasing shares.
- The company can increase its registered capital and enhance its competitive strength through the sale of shares.
❓ Câu hỏi thường gặp
What is the share ratio sold to employees?
The share ratio sold to employees in the company is 26.50%.
What is the value of the deferred payment preferential shares for poor workers?
The value of the deferred payment preferential shares for 55 poor workers is 269,150,000 VND.
What is the price of one share?
The price of one share is 100,000 VND.
When does this decision take effect?
This decision takes effect fifteen days from the date of publication in the Official Gazette.
How was Mineral Joint Stock Company 5 established?
Mineral Joint Stock Company 5 was established from the transformation of Mineral Development Company 5, according to Decision No. 57/2004/QĐ-BCN.
Toàn văn
Pursuant to …;
Amending Clause 1 and Clause 3 of Article 1 of Decision No. 57/2004/QĐ-BCN dated July 2, 2004 of the Minister of Industry on the transfer of the Mineral Development Company 5 to the Mineral Joint Stock Company 5
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;
Considering the proposal of Vietnam Minerals Corporation (Letter No. 366/2005/CV-TCKT dated April 7, 2005);
At the proposal of the Enterprise Reform and Development Board and the Director of the Organization and Cadre Department,
DECISION:
Article 1. Amending Clause 1 and Clause 3 of Article 1 of Decision No. 57/2004/QĐ-BCN dated July 2, 2004 of the Minister of Industry on the transfer of the Mineral Development Company 5 to the Mineral Joint Stock Company 5 as follows:
"1. Registered capital structure:
The registered capital of the company is VND 3,600,000,000 (three billion six hundred million dong). Of which:
- The proportion of shares sold to employees within the company: 26.50%;
- The proportion of shares sold outside the company: 73.50%.
The value of one share: VND 100,000."
"3. Employee preferences.
A total of 8,071 shares with a preferential value of VND 242,130,000 are sold preferentially to 126 employees within the company. Among them, 3,845 shares with a value of VND 269,150,000 are sold preferentially on credit to 55 poor employees."
Article 2. 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, the General Director of Vietnam Minerals Corporation, the Director of the Mineral Development Company 5, and the Chairman of the Board of Directors, and the Director of the Mineral Joint Stock Company 5 are responsible for implementing this Decision./.
DEPUTY MINISTER
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