Decision No. 220/2006/QĐ-TTg approves the plan to transfer the Hanoi Housing Investment and Development Corporation (HANDICO) to operate under the parent company - subsidiary model, applicable to subsidiaries and affiliates of HANDICO. The Decision takes effect fifteen days after its publication in the Official Gazette.
适用范围
Hanoi Housing Investment and Development Corporation (HANDICO) and its subsidiaries and affiliates.
要点
- The parent company - HANDICO is formed from the Office of the Hanoi Housing Investment and Development Corporation.
- There are three types of subsidiaries: Limited Liability Company with One Member, Controlling Joint Stock Company, and Affiliated Company.
- HANDICO will conduct accounting for business operations and capital investment in subsidiaries and affiliates according to the Articles of Organization and Operation and Financial Management Regulations of the Parent Company.
- The People's Committee of Hanoi City is responsible for approving the Articles of Organization and Operation of HANDICO.
- HANDICO will commence the process of becoming a joint stock company before July 2009.
🌐 本文件的社会影响
- Positive impact: Improve management efficiency and enhance competitive capacity of subsidiaries and affiliates.
- Negative impact: May cause instability during the transition to the new operational model.
❓ 常见问题
Where will HANDICO be established from?
HANDICO will be formed from the Office of the Hanoi Housing Investment and Development Corporation.
How many types of subsidiaries are there in this plan?
This plan identifies three types of subsidiaries: Limited Liability Company with One Member, Controlling Joint Stock Company, and Affiliated Company.
When will HANDICO commence the process of becoming a joint stock company?
HANDICO will commence the process of becoming a joint stock company before July 2009 according to this Decision.
How does the parent company - HANDICO conduct accounting for business operations?
HANDICO will conduct accounting for business operations and capital investment in subsidiaries and affiliates according to the Articles of Organization and Operation and Financial Management Regulations of the Parent Company.
Who is responsible for approving the Articles of Organization and Operation of HANDICO?
The People's Committee of Hanoi City will be responsible for approving the Articles of Organization and Operation of HANDICO.
全文
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PRIME MINISTER ******** |
SOCIALIST REPUBLIC OF VIETNAM ******** |
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Number: 220/2006/QĐ-TTg |
Hanoi, September 29, 2006 |
Pursuant to …;
Approving the Project to Transfer Hanoi Housing Investment and Development Corporation to Operate under the Parent-Subsidiary Company Model
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PRIME MINISTER
Pursuant to the Law on Government Organization dated December 25, 2001.
Pursuant to the Law on State-Owned Enterprises No. 14/2003/QH11 dated November 26, 2003.
Pursuant to the Law on Enterprises dated November 29, 2005.
Pursuant to Decree No. 153/2004/NĐ-CP dated August 9, 2004 of the Government on the organization and management of state-owned holding corporations and the conversion of state-owned holding corporations and independent state-owned enterprises to operate under the parent-subsidiary company model.
Considering the proposal of the People's Committee of Hanoi City.
Pursuant to …;
Article 1. Approving the Project to Transfer Hanoi Housing Investment and Development Corporation to Operate under the Parent-Subsidiary Company Model with the following contents:
1. The parent company - Hanoi Housing Investment and Development Corporation (HANDICO) is a state-owned enterprise formed based on the restructuring of the Office of Hanoi Housing Investment and Development Corporation.
2. Subsidiaries include:
a) Limited liability companies:
Hanoi Real Estate Service Limited Liability Company;
b) Joint stock companies in which the parent company holds controlling shares:
- Hanoi Sand Investment and Construction Joint Stock Company;
- Hanoi Housing Investment and Development Joint Stock Company No. 22;
- Urban Development and Business Joint Stock Company;
- Hanoi Housing Investment and Construction Consulting Joint Stock Company;
- Nghe An Housing Construction and Business Joint Stock Company.
3. Associated companies (the parent company holds less than 50% of the charter capital):
- Hanoi Housing Investment and Development Joint Stock Company No. 25;
- Hanoi Housing Investment Joint Stock Company No. 5;
- Hanoi Housing Investment and Development Joint Stock Company No. 6;
- Hanoi Housing Construction and Development Joint Stock Company No. 7;
- Hanoi Construction Joint Stock Company No. 9;
- Hanoi Construction and Business Joint Stock Company;
- Hanoi Housing Investment and Development Joint Stock Company No. 12;
- Hanoi Industrial Zone Infrastructure Investment and Development Joint Stock Company No. 18;
- Hanoi Housing Renovation and Development Joint Stock Company;
- Hanoi Construction Investment Joint Stock Company;
- Hanoi Construction Joint Stock Company No. 3;
- Hong Ha Construction Joint Stock Company;
- Hanoi Construction Investment Joint Stock Company No. 2;
- Hanoi Housing Investment and Development Joint Stock Company No. 27;
- Hanoi Housing Materials and Development Investment Joint Stock Company No. 28;
- Hanoi Housing Investment and Construction Consulting Development Joint Stock Company No. 2;
- Hanoi Commercial and Construction Investment Joint Stock Company No. 32;
- Hanoi Urban Infrastructure and Transportation Construction Investment Joint Stock Company;
- HANDICO Financial Joint Stock Company;
- Ho Tay Development Limited Liability Joint Venture Company;
- Urban Development Joint Venture Company (Song Hong City);
- Giang Vo Inax Sanitary Ware Joint Venture Company;
- Stanley Vietnam Electrical Development Limited Liability Joint Venture Company;
- Bac Thang Long Development Limited Liability Joint Venture Company.
4. Hanoi Housing Investment and Development Corporation operates under the parent-subsidiary company model, implementing accounting for business operations and investment in subsidiaries and associated companies according to the Articles of Association and Financial Management Regulations of the parent company approved by competent state authorities.
The management structure of the parent company includes: Board of Directors, General Director, Deputy General Directors, Chief Accountant, and supporting staff.
Article 2. Assignment of tasks:
1. Minister of Finance: Approve the financial management regulations of the parent company.
2. People's Committee of Hanoi City:
- Directing the implementation of the project; deciding to establish the parent company and the subsidiaries as stipulated in Clause 1 of this Decision in accordance with current regulations;
- Approving the Articles of Association of the parent company;
- Directing Hanoi Housing Investment and Development Corporation to sell off part of the state-owned capital at associated companies in accordance with current regulations; privatizing the parent company - Hanoi Housing Investment and Development Corporation before July 2009.
Article 3. The Standard Measurement Quality Control Department shall be responsible for organizing and guiding the implementation of the Regulations adopted herein.
Chairman of the People's Committee of Hanoi City, Ministers of Finance, Planning and Investment, Home Affairs, Labor, Invalids and Social Affairs, Governor of the State Bank of Vietnam, Board of Directors of Hanoi Housing Investment and Development Corporation, and related agencies are responsible for enforcing this Decision./.
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DEPUTY PRIME MINISTER |
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