Decision No. 36/2002/QD-BCN amends the charter capital structure of the Thang Long Steel Joint Stock Company, transferring from the Metal Processing Workshop Duc Giang under the Hanoi Metal Company. This decision applies to related parties such as the State, workers within the workshop, and entities outside the workshop.
Key points
- The Thang Long Steel Joint Stock Company → has a charter capital of 8,323,900,000 Vietnamese dong, of which: the State holds 34.2%, workers within the workshop hold 20.0%, and entities outside the workshop hold 45.8%.
- The value of one share → is 100,000 Vietnamese dong.
🌐 Social impact of this document
- Positive impact: Creates opportunities for workers within the workshop and entities outside the workshop to participate in company ownership.
- Negative impact: May cause difficulties in management due to the diversification of shareholders.
❓ Frequently asked questions
What is the charter capital of the Thang Long Steel Joint Stock Company?
The charter capital of the Thang Long Steel Joint Stock Company is 8,323,900,000 Vietnamese dong.
What percentage of shares does the State hold in the company?
The State holds 34.2% of the shares of the Thang Long Steel Joint Stock Company.
What percentage of shares do the workers within the workshop hold?
Workers within the workshop hold 20.0% of the shares of the Thang Long Steel Joint Stock Company.
What is the value of a share?
The value of one share is 100,000 Vietnamese dong.
When does this decision take effect?
This decision takes effect fifteen days after the date of issuance.
Full text
Pursuant to …;
Regarding the amendment of Clause 1, Article 1 of Decision No. 29/2002/QĐ-BCN dated June 27, 2002, issued by the Minister of Industry on transferring the Processing and Manufacturing Workshop of Duc Giang Metal to Ha Noi Metal Joint Stock Company as Thang Long Steel Joint Stock Company belongs to Hanoi Metal Corporation, which was transformed into Thang Long Steel Joint Stock Company.
THE MINISTER OF INDUSTRY
Pursuant to the Government Decree No. 74/CP dated November 1, 1995 on 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 Vietnam Steel Corporation (Proposal No. 1856/T-TC dated September 5, 2002);
Following the recommendation of the Enterprise Reform and Development Board under the Ministry of Industry and the Director of the Personnel and Organization Department,
DECISION:
Article 1. Amend Clause 1, Article 1 of Decision No. 29/2002/QĐ-BCN dated June 27, 2002, issued by the Minister of Industry on transferring the Processing and Manufacturing Workshop of Duc Giang Metal under Ha Noi Metal Joint Stock Company to Thang Long Steel Joint Stock Company as follows:
1. Registered capital structure.
The charter capital of the joint stock company is 8,323,900,000 VND (eight billion three hundred twenty-three million nine hundred thousand VND). Of which:
- State shareholding ratio: 34.2%;
- Shareholding ratio sold to employees of the workshop: 20.0%;
- Shareholding ratio sold to entities outside the workshop: 45.8%;
The value of one share is 100,000 VND.
Article 2. This Decision takes effect fifteen days after the date of signature.
The Head of the Office of the Ministry, the Inspector General of the Ministry, the Heads of Departments and Bureaus under the Ministry, the Chairman of the Board of Directors and the General Director of Vietnam Steel Corporation, the Director of Ha Noi Metal Joint Stock Company, and the Chairman of the Board of Directors and the General Director of Thang Long Steel Joint Stock Company are responsible for implementing this Decision./.
DEPUTY MINISTER
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