Decision No. 34/2000/QĐ-TTg On the transfer of Tan Binh Real Estate Trading and Development Company to a Joint Stock Company

Decision No. 34/2000/QĐ-TTg of the Government approves the plan for the conversion of Tan Binh Real Estate Trading and Development Company into a Joint Stock Company. This decision stipulates the charter capital, actual value, employee benefits, name, business activities, and responsibilities of the related parties.

문서 번호34/2000/QĐ-TTg
문서 유형Decision
발행 기관Central Account
서명자Nguyễn Tấn Dũng — Phó Thủ tướng
업데이트01. 07. 2026
분야Uncategorized
발행일10. 03. 2000
발효일10. 03. 2000
효력 만료일
상태In effect
✦ 스마트 요약

Decision No. 34/2000/QĐ-TTg of the Government approves the plan for the conversion of Tan Binh Real Estate Trading and Development Company into a Joint Stock Company. This decision stipulates the charter capital, actual value, employee benefits, name, business activities, and responsibilities of the related parties.

핵심 사항

  • Tan Binh Real Estate Trading and Development Company → is converted into a Joint Stock Company with a charter capital of 13,000,000,000 VND, of which the State retains 40%.
  • Employees → are offered preferential shares totaling 29,415 shares; poor employees are offered 5,875 shares to be paid gradually.
  • Tan Binh Real Estate Joint Stock Company → engages in construction, house repair, production of building materials, foundation and structural construction works, civil engineering design, and organizing real estate consulting services.
  • The General Director and Chief Accountant of the old company → are responsible for managing the enterprise until the handover to the new Board of Directors.
  • The Chairman of the People's Committee of Ho Chi Minh City, the Board of Directors of Sai Gon Real Estate Corporation, the General Director of the old company, and the Board of Directors of the new company → are responsible for implementing this decision.

🌐 이 문서의 사회적 영향

  • Positive impact: Shareholding reform helps improve the operational efficiency of state-owned enterprises.
  • Negative impact: Employees may face difficulties in purchasing preferential shares.

❓ 자주 묻는 질문

What is the charter capital of the Joint Stock Company?

The charter capital of the Joint Stock Company is 13,000,000,000 VND, of which the State retains 40%.

What is the price of preferential shares for employees?

The total number of preferential shares sold to employees is 29,415 shares, including 5,875 shares to be paid gradually for poor employees.

What is the full name of the Joint Stock Company after the conversion?

The full Vietnamese name is Tan Binh Real Estate Joint Stock Company, the international trading name is TAN BINH REAL-ESTATE JOINT STOCK COMPANY, and the abbreviation is TAN BINH RES.

What business activities does the Joint Stock Company engage in?

The Joint Stock Company engages in construction, house repair, production of building materials, foundation and structural construction works, civil engineering design, and organizing real estate consulting services.

Who is responsible for implementing this decision?

The Chairman of the People's Committee of Ho Chi Minh City, the Board of Directors of Sai Gon Real Estate Corporation, the General Director of Tan Binh Real Estate Trading and Development Company, and the Board of Directors of Tan Binh Real Estate Joint Stock Company are responsible for implementing this decision.

전문

PRIME MINISTER

SOCIALIST REPUBLIC OF VIET NAM
Independence – Freedom – Happiness

Number: 34/2000/QĐ-TTg
Hanoi, March 10, 2000

Pursuant to …;

Regarding the transformation of Tan Binh Real Estate Trading and Development Company into a Joint Stock Company

In accordance with Government Decree No. 44/1998/NĐ-CP dated June 29, 1998 on the conversion of state-owned enterprises into Joint Stock Companies;

____________________ 

PRIME MINISTER

Pursuant to the Government Organization Law dated September 30, 1992;

Approves the plan for the privatization of the state-owned enterprise Tan Binh Real Estate Trading and Development Company under Saigon Real Estate Corporation based on the proposal in Document No. 180/UB-KT dated January 13, 2000 from the Chairman of the People's Committee of Ho Chi Minh City:

AT THE REQUEST OF THE CHAIRMAN OF THE PEOPLE'S COMMITTEE OF HO CHI MINH CITY,

DECISION:

Article 1. 1. The Charter Capital of the Joint Stock Company: 13,000,000,000 VND.

- State share ratio: 40% of the Charter Capital.

Where:

- Share ratio sold to employees within the company and other external entities: 60% of the Charter Capital.

2. The actual value of Tan Binh Real Estate Trading and Development Company at the time of privatization on January 1, 1999 was 237,837,599,736 VND, including the actual value of the state capital in the company at 12,258,602,853 VND.

3. Employee benefits:

The total number of shares sold at a preferential price to employees within the company is 29,415 shares, with the preferential value amounting to 882,450,000 VND.

Among them, the number of preferential shares sold to poor employees within the company to be repaid gradually is 5,875 shares, corresponding to 411,250,000 VND.

Transforming the state-owned enterprise Tan Binh Real Estate Trading and Development Company under Saigon Real Estate Corporation into a Joint Stock Company:

Article 2. - Full name in Vietnamese: Tan Binh Real Estate Joint Stock Company.

- International trade name: TAN BINH REAL-ESTATE JOINT STOCK COMPANY.

- Abbreviation: TAN BINH RES.

- Main office address: No. 205-207-209 Ly Thuong Kiet Street, Ward 6, Tan Binh District, Ho Chi Minh City.

Tan Binh Real Estate Joint Stock Company engages in the following business activities:

Article 3. - Construction, repair, and trading of various types of residential buildings, urban infrastructure projects, and residential areas (roads, water supply and drainage systems, bridges and culverts).

- Production and trading of construction materials.

- Excavation, filling, leveling, and construction works.

- Installation of common foundations.

- Construction installation and equipment installation for electrical and water systems in projects.

- Completion of construction, interior and exterior decoration, and creation of landscape architecture for projects.

- Design, project planning, and budget estimation for civil engineering projects.

- Surveying, design, and detailed planning for residential areas.

- Organizing real estate consulting services.

- Managing and providing housing services in urban areas: house repairs, management of sports fields, elevator management, gas agency, postal agency, waste collection, childcare...

Tan Binh Real Estate Joint Stock Company.

Article 4. - Is a legal entity according to Vietnamese law from the date of registration for business operations, operating under the registered license, implementing independent economic accounting, having its own seal, and opening bank accounts in accordance with the law. Operating according to the Company's Articles of Association and the Enterprise Law.

- The General Director and Chief Accountant of Tan Binh Real Estate Trading and Development Company are responsible for managing the business until the entire company is handed over to the Board of Directors and General Director of Tan Binh Real Estate Joint Stock Company.

This Decision takes effect from the date of signature. Previous Decisions contrary to this Decision are abolished. The Chairman of the People's Committee of Ho Chi Minh City, the Board of Directors of Saigon Real Estate Corporation, the General Director of Tan Binh Real Estate Trading and Development Company, and the Board of Directors of Tan Binh Real Estate Joint Stock Company are responsible for implementing this Decision. /.

Article 5. This Decision shall take effect from the date of signing. Decisions contrary to this Decision are hereby repealed. The Chairman of the People's Committee of Ho Chi Minh City, the Board of Directors of Saigon Real Estate Corporation, the Director of Tan Binh District Housing Trading and Development Company, and the Board of Directors of Tan Binh Real Estate Joint Stock Company are responsible for implementing this Decision. /\.

DEPUTY PRIME MINISTER
DEPUTY PRIME MINISTER
(Signed)
Nguyen Tan Dung
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관계도

34/2000/QĐ-TTg
Decision No. 34/2000/QĐ-TTg On the transfer of Tan Binh Real Estate Trading and Development Company to a Joint Stock Company
In effect
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