Decision No. 3065/QD-BCN approves the plan to convert the Company of Materials and Complete Equipment into a Joint Stock Company, stipulating the name, headquarters, registered capital, business sectors, share issuance structure, preferential treatment for employees and strategic investors, privatization costs, and responsibilities of related parties.
적용 범위
The Company of Materials and Complete Equipment; The General Corporation of Power Machinery and Agricultural Machinery; The Enterprise Reform and Development Board of the Ministry of Industry and Trade; The Director of the Company of Materials and Complete Equipment; The Boards of Directors of the companies.
핵심 사항
- The Company of Materials and Complete Equipment will be converted into a Joint Stock Company with the Vietnamese name: Joint Stock Company of Materials and Complete Equipment, trading name: MATERIAL AND COMPLETE EQUIPMENT EXPORT – IMPORT CORPORATION (MATEXIM), headquartered at Km 3, Pham Van Dong Street, Co Nhue Commune, Tu Liem District, Hanoi City.
- The registered capital is 37 billion VND, of which State-owned shares account for 51%, preferential shares sold to employees and strategic investors are 11.2% and 6% respectively, and the remaining 31.8% are publicly auctioned.
- The initial price for the public auction of shares is 10,050 VND/share, conducted by the Hanoi Securities Trading Center.
- The total number of employees up to the time of privatization is 279 people, of which 231 people transfer to the Joint Stock Company and 48 people are surplus according to Decree No. 41/2002/ND-CP.
- The Company of Materials and Complete Equipment is responsible for actual privatization costs, settlement of preferential treatment for employees and strategic investors, surplus labor costs, and retraining costs.
🌐 이 문서의 사회적 영향
- Positive impact: Privatization helps the company operate under a joint stock enterprise model, enhancing management efficiency and strengthening competitiveness in the market.
- Negative impact: It may cause significant changes in organizational structure and personnel, affecting the rights of current employees.
❓ 자주 묻는 질문
What is the registered capital of the Joint Stock Company of Materials and Complete Equipment?
The registered capital of the Joint Stock Company of Materials and Complete Equipment is 37 billion VND.
What percentage does the State-owned shares hold in the company?
The State-owned shares hold 51% of the registered capital of the Joint Stock Company of Materials and Complete Equipment.
What is the initial price for the public auction of shares?
The initial price for the public auction of shares is 10,050 VND/share.
How many surplus employees are there according to Decree No. 41/2002/ND-CP?
There are 48 surplus employees according to Decree No. 41/2002/ND-CP.
What costs is the Company of Materials and Complete Equipment responsible for during the privatization process?
The Company of Materials and Complete Equipment is responsible for actual privatization costs, settlement of preferential treatment for employees and strategic investors, surplus labor costs, and retraining costs.
전문
Pursuant to …;
Regarding the approval of the plan and the transformation of the Material and Equipment Company into the Joint Stock Material and Equipment 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. 187/2004/NĐ-CP dated November 16, 2004 of the Government on the conversion of state-owned companies into joint-stock companies;
Pursuant to Decision No. 2417/QD-TCKT dated July 27, 2005 of the Minister of Industry on determining the value of the Material and Equipment Company under the Vietnam Machinery and Agricultural Machinery Corporation;
Considering the proposal of the Vietnam Machinery and Agricultural Machinery Corporation (Petition No. 395/MDL-NN/CPH dated August 30, 2005), the Joint Stockization Plan of the Material and Equipment Company and the Audit Report of the Enterprise Reform and Development Board of the Ministry dated September 16, 2005;
At the proposal of the Enterprise Renewal and Development Board and the Director of the Personnel and Organization Department;
DECISION:
Article 1. Approves the Joint Stockization Plan of the Material and Equipment Company (a subsidiary operating independently of the Vietnam Machinery and Agricultural Machinery Corporation) with the main contents as follows:
1. Vietnamese name: Joint Stock Material and Equipment Company,
- Trading name: MATERIAL AND COMPLETE EQUIPMENT EXPORT – IMPORT CORPORATION;
- Abbreviation: MATEXIM;
- Head office: Km 3, Pham Van Dong Street, Co Nhue Commune, Tu Liem District, Hanoi City.
2. The Joint Stock Material and Equipment Company shall have legal personality according to Vietnamese law from the date of registration for business; it shall operate independently economically; it shall have its own seal and be allowed to open bank accounts in accordance with the law; it shall organize and operate in accordance with the Articles of Association of the Joint Stock Company and the Law on Enterprises.
3. The joint stock company engages in the following businesses:
- Trading and import-export: General materials, complete equipment, building materials, interior decoration equipment, office equipment; consumer goods, black metals, colored metals, minerals, coal, spare parts, transportation means, handicraft products, rattan and bamboo products; processed agricultural, forestry, fishery and seafood products, fertilizers, chemicals, agricultural supplies, medical equipment. Trading in housing, real estate and industrial products; cargo transportation by water and road.
- Casting iron and steel, rolling steel, steel ingots; processing minerals, consumer products and plastic packaging, paper packaging, furniture and export art products; electric cables, bio-fertilizers, animal feed processing, aquaculture, production and trading of electricity, construction of civil and industrial infrastructure projects, land leveling, installation of electrical works up to 110 kV.
- Agency for petroleum products, consignment trading of goods.
- Warehousing, factory and office rental services; cargo transportation and delivery, catering and accommodation services.
- Engaging in other businesses in accordance with the provisions of the law.
4. Registered capital and structure of issued shares:
a) Registered capital: 37,000,000,000 VND (Thirty-seven billion VND).
b) Initial share issuance is 37,000,000,000 VND, corresponding to 3,700,000 shares, each share having a par value of 10,000 VND, including:
- State shares: 1,887,000 shares, accounting for 51.00% of the registered capital;
- Shares sold preferentially to employees: 414,300 shares, accounting for 11.20% of the registered capital;
- Shares sold preferentially to strategic investors: 220,000 shares, accounting for 6.0% of the registered capital;
- Shares sold publicly through auction: 1,176,700 shares, accounting for 31.80% of the registered capital.
5. Starting price for public auction: 10,050 VND per share.
Share selling agency: Hanoi Securities Trading Center.
6. Preferences for employees and strategic investors:
a) Total number of preferential shares sold to 259 employees within the company is 414,300 shares, according to the company's joint stockization plan.
b) Strategic investor is the State-owned Joint Stock Company Diesel Song Cong (address: Lang Chau Ward, Song Cong Town, Thai Nguyen Province) purchasing 220,000 preferential shares.
7. Employee restructuring plan:
- Total number of employees at the time of joint stockization: 279 people;
- Total number of employees transferred to the Joint Stock Company: 231 people;
- Total number of surplus employees according to Decree No. 41/2002/ND-CP: 48 people;
8. Training plan for employees to be transferred to the Joint Stock Company:
- Total number of employees requiring retraining: 62 people;
- Budget for retraining expenses: 130,200,000 VND.
9. Cost of shareholding reform: 400,000,000 VND
The Director of the Material and Equipment Company decides and is responsible for the actual joint stockization costs of the company and implements preferential payments to employees and strategic investors, surplus labor costs, and retraining costs according to state regulations.
Article 2. The Enterprise Reform and Development Board of the Ministry is responsible for directing the Vietnam Machinery and Agricultural Machinery Corporation and the Material and Equipment Company to sell shares, settle preferential payments to employees and strategic investors, joint stockization costs, surplus labor costs, and retraining costs; organizing the first shareholders' meeting of the Joint Stock Company and implementing necessary procedures to transform the company into a Joint Stock Company in accordance with the law.
The Director of the Material and Equipment Company is responsible for managing the company until the transfer of all assets, funds, personnel, and land to the Joint Stock Company and is liable for the results of the company's business operations according to current laws.
Article 3. This Decision shall take effect from the date of signing.
The Chief of the Ministry's Office, the Chief Inspector of the Ministry, the Heads of Departments and Bureaus under the Ministry, the Enterprise Reform and Development Board of the Ministry, the Board of Directors of the Vietnam Machinery and Agricultural Machinery Corporation, the Director of the Material and Equipment Company, and the Board of Directors of the Joint Stock Material and Equipment Company are responsible for implementing this Decision.
DEPUTY MINISTER
관계도
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