Decision No. 229/2003/QĐ-BCN stipulates the conversion of Biên Hòa Electronics Company to Biên Hòa Electronics Joint Stock Company, including the charter capital structure, the actual value of the company, benefits for employees, and business activities.
Các điểm cốt lõi
- Biên Hòa Electronics Company → is converted into a joint stock company with a charter capital of 60 billion VND, of which the State holds 51%, employees within the company hold 35.67%, and 13.33% is sold to external parties.
- The actual value of Biên Hòa Electronics Company at the time of shareholding reform is 107.489 billion VND, with the State's portion being 75.437 billion VND.
- Employees in the company → are offered preferential sale of 37,730 shares worth 1,131,900,000 VND, including 7,410 shares for the poor.
- Biên Hòa Electronics Joint Stock Company → engages in business activities such as production, warranty services, electricity, electronics, and information technology trading; import and export of equipment and tools; rental services of houses and offices; tourism and travel agency services.
- Biên Hòa Electronics Joint Stock Company → is allowed to use its own seal and open bank accounts in accordance with the law.
🌐 Tác động xã hội từ văn bản này
- Positive impact: Shareholding reform helps the company operate independently and more flexibly, enhancing business efficiency.
- Negative impact: Employees may face difficulties in purchasing preferential shares, especially the poor.
- Citizens and businesses will benefit from new services provided by the company such as tourism and travel agency services.
❓ Câu hỏi thường gặp
What is the charter capital of Biên Hòa Electronics Company?
The charter capital of the joint stock company is 60 billion VND (Article 1).
What percentage of shares does the State hold in the new company?
The State holds 51% of the shares (Article 1).
How many shares are offered to employees at a preferential price?
Employees are offered preferential sale of 37,730 shares (Article 1).
What business activities does the company engage in after the conversion?
The company engages in business activities such as production, warranty services, electricity, electronics, and information technology trading; import and export of equipment and tools (Article 3).
When does this decision take effect?
This decision takes effect 15 days after its publication in the Official Gazette (Article 6).
Toàn văn
DECISION OF THE MINISTER OF INDUSTRY
Regarding the conversion of the Biên Hòa Electronics Company into the Biên Hòa Electronics Joint Stock Company
The Biên Hòa Electronics Company is to be converted into the Biên Hòa Electronics 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 the Vietnam Electronics and Information Technology Corporation (Document No. 110-03 CV/DT-HĐQT dated November 11, 2003 and Decision No. 577 QĐ/DT-HĐQT dated October 20, 2003), the plan for the joint stock conversion of the Biên Hòa Electronics Company, and the review report on the plan by the Enterprise Reform and Development Board of the Ministry dated December 3, 2003;
At the proposal of the Enterprise Reform and Development Board and the Director of the Personnel and Organization Department,
DECISION:
Article 1. Approves the plan for the joint stock conversion of the Biên Hòa Electronics Company (a subsidiary that operates independently under the Vietnam Electronics and Information Technology Corporation) including the following main points:
1. Capital structure:
The charter capital of the joint stock company is 60,000,000,000 VND (Sixty billion VND). Of which:
- State shareholding ratio: 51.00%;
- The proportion of shares sold to employees within the company: 35.67%;
- The proportion of shares sold outside the company: 13.33%.
The value of one share: 100,000 VND.
2. The actual value of the Biên Hòa Electronics Company at the time of December 31, 2002 for the purpose of joint stock conversion (Decision No. 1708/QĐ-TCKT dated July 17, 2003 of the Ministry of Industry) is 107,489,428,206 VND. Of which, the actual value of the State capital in the company is 75,437,308,978 VND.
3. Preferential treatment for employees of the Company.
The total number of preferential shares sold to 265 employees within the company is 37,730 shares with a preferential value of 1,131,900,000 VND. Among them, the number of preferential shares sold on credit to 51 poor employees is 7,410 shares, valued at 518,700,000 VND.
4. Regarding the costs of joint stock conversion and the resolution of surplus labor, the Biên Hòa Electronics Company will handle the procedures and report to the Vietnam Electronics and Information Technology Corporation and relevant state agencies for approval according to current regulations.
Article 2. Convert the Biên Hòa Electronics Company into the Biên Hòa Electronics Joint Stock Company,
- International trade name: VIETTRONICS BIEN HOA JOINT STOCK COMPANY;
- Abbreviation: BELCO;
- Main office located at: 52-54 Nguyen Hue Street, District 1, Ho Chi Minh City.
Article 3. The joint stock company engages in the following business activities:
- Production, warranty, and sale of electrical, electronic, and information technology products;
- Import and export of equipment, tools, spare parts, materials, electrical, electronic, and information technology products;
- Rental services of houses, offices, shops, stores, restaurants, supermarkets, warehouses, docks for domestic and foreign organizations and individuals;
- Tourism, travel, entertainment, decoration services;
- Repair, installation, warranty, maintenance services for electrical, electronic, and information technology products;
- Engaging in other businesses in accordance with the provisions of the law.
Article 4. The Biên Hòa Electronics Joint Stock Company shall be 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 Articles of Association of the joint stock company and the Law on Enterprises.
Article 5. The Vietnam Electronics and Information Technology Corporation is responsible for directing the Biên Hòa Electronics Company to organize the public auction of shares outside through the ACB Securities Company and organizing the first General Meeting of Shareholders of the Biên Hòa Electronics Joint Stock Company in accordance with current regulations.
The Director and Chief Accountant of the Biên Hòa Electronics 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 the Biên Hòa Electronics 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, the General Director of the Vietnam Electronics and Information Technology Corporation, the Director of the Biên Hòa Electronics Company, and the Chairman of the Board of Directors and the General Director of the Biên Hòa Electronics Joint Stock Company are responsible for implementing this Decision./.
DEPUTY MINISTER
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