Decision No. 41/2004/QĐ-BCN of the Ministry of Industry to transfer the Paper Base Factory under the Ha Bac Fertilizer and Chemicals Corporation into the Song Thuong Joint Stock Company. The Decision stipulates the charter capital structure, actual value, employee benefits, name, and business activities of the new company.
Đối tượng áp dụng
Song Thuong Joint Stock Company, Paper Base Factory under the Ha Bac Fertilizer and Chemicals Corporation, Vietnam Chemicals Corporation, Ha Bac Fertilizer and Chemicals Corporation, Board of Directors, General Directors of related units.
Các điểm cốt lõi
- The charter capital structure of the joint stock company is VND 1,473,000,000, of which the proportion of shares sold to employees is 94.20% and the proportion of shares sold outside the factory is 5.80%.
- The actual value of the factory at the time of January 1, 2004 for shareholding reform is VND 1,905,706,950, of which the actual value of state-owned capital is VND 1,473,441,022.
- Employee benefits in the factory include selling 11,888 preferential shares to 80 employees with a total value of VND 356,640,000, including 2,307 preferential shares sold on credit to 18 poor employees.
- The international trading name of the company is SONG THUONG JOINT STOCK COMPANY (STJS), located at Cluster 1, Tho Xuan Ward, Bac Giang Town, Bac Giang Province.
- The joint stock company engages in the following business activities: production and trade of paper and paper products; other business activities suitable as prescribed by law.
🌐 Tác động xã hội từ văn bản này
- Positive impact is that converting the factory into a joint stock company helps improve management efficiency, enhance competitiveness, and ensure sustainable development.
- Negative impact is that the costs of shareholding reform, retraining employees, and resolving surplus labor must be carefully considered to ensure they do not impose a burden on the enterprise and employees.
❓ Câu hỏi thường gặp
What is the charter capital structure of the joint stock company?
The charter capital structure of the joint stock company is VND 1,473,000,000.
What are the proportions of shares sold to employees and outside the factory?
The proportion of shares sold to employees within the factory is 94.20%, and the proportion of shares sold outside the factory is 5.80%.
What is the actual value of the factory at the time of January 1, 2004 for shareholding reform?
The actual value of the factory at the time of January 1, 2004 for shareholding reform is VND 1,905,706,950.
What are the employee benefits in the factory?
Employee benefits in the factory include selling 11,888 preferential shares with a total value of VND 356,640,000, including 2,307 preferential shares sold on credit to 18 poor employees.
What is the international trading name of the company?
The international trading name of the company is SONG THUONG JOINT STOCK COMPANY (STJS).
Toàn văn
Pursuant to …;
Regarding the transfer of the Paper Base Workshop under the Ha Bac Fertilizer and Chemicals Corporation into Song Thuong Joint Stock Company
Song Thuong 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 Vietnam Chemicals Corporation (Letters: No. 449/CV-HĐQT dated May 6, 2004 and No. 550/CV-HĐQT dated May 26, 2004), the Plan for the Shareholding Reform of the Paper Base Workshop under the Ha Bac Fertilizer and Chemicals Corporation, and the Minutes of the Evaluation of the Plan by the Board for Enterprise Renewal and Development on May 14, 2004;
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 Shareholding Reform of the Paper Base Workshop under the Ha Bac Fertilizer and Chemicals Corporation (an independent accounting member enterprise of Vietnam Chemicals Corporation) including the main points as follows:
1. Capital structure:
The charter capital of the joint stock company is 1,473,000,000 VND (One billion four hundred seventy-three million VND).
The proportion of shares sold to employees within the Workshop: 94.20%; The proportion of shares sold outside the Workshop: 5.80%.
2. The actual value of the Workshop at the time of January 1, 2004 for shareholding reform (Decision No. 826/QĐ-TCKT dated April 26, 2004 of the Ministry of Industry) is 1,905,706,950 VND. Of which, the actual value of the State capital portion in the Workshop is 1,473,441,022 VND.
3. Preferential treatment for employees within the Workshop.
A total of 11,888 preferential shares worth 356,640,000 VND were sold to 80 employees of the company. Among them, 2,307 preferential shares worth 161,490,000 VND were sold to 18 poor employees on credit.
4. Regarding the costs of shareholding reform, retraining of employees, and resolution of surplus labor of the Workshop, the Ha Bac Fertilizer and Chemicals Corporation shall handle the procedures and report to Vietnam Chemicals Corporation and relevant state authorities for approval according to current regulations.
- International trade name: SONG THUONG JOINT STOCK COMPANY;
- Abbreviation: STJS;
- Head office located at: Cluster 1, Tho Xuan Ward, Bac Giang City, Bac Giang Province.
Article 3. The joint stock company engages in the following business activities:
- Production and business of paper and paper products;
- Engaging in other businesses in accordance with the provisions of the law.
Article 4. Song Thuong Joint Stock Company is a legal entity under Vietnamese law from the date of registration for business, independently accounting for economic activities, using its own seal, opening bank accounts in accordance with the law, operating according to the Articles of Association of the joint stock company and the Law on Enterprises.
Article 5. Vietnam Chemicals Corporation and the Ha Bac Fertilizer and Chemicals Corporation are responsible for directing the Paper Base Workshop to organize the sale of shares and to organize the first General Meeting of Shareholders of Song Thuong Joint Stock Company in accordance with current regulations.
The Director and Chief Accountant of the Ha Bac Fertilizer and Chemicals Corporation are responsible for managing the operations of the Workshop until the full transfer of capital, assets, and labor to the Board of Directors and General Manager of the joint stock company.
Article 6. The Standard Measurement Quality Control Department shall be responsible for organizing and guiding the implementation of the Regulations adopted herein.
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 Vietnam Chemicals Corporation, the Director of the Ha Bac Fertilizer and Chemicals Corporation, the Director of the Paper Base Workshop, and the Chairman of the Board of Directors and General Director of Song Thuong Joint Stock Company are responsible for implementing this Decision./.
DEPUTY MINISTER
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