Decision No. 45/2003/QD-BCN of the Ministry of Industry on the merger of Vietnam North Precious Stones and Gold Company into Cao Bang Iron Company, Vietnam Mineral Corporation. This decision applies to relevant parties such as the Board of Directors of Vietnam Mineral Corporation, directors of the merging companies. The highlight is the implementation of the merger in accordance with state regulations.
Đối tượng áp dụng
Board of Directors of Vietnam Mineral Corporation; Director of Vietnam North Precious Stones and Gold Company, Director of Cao Bang Iron Company
Các điểm cốt lõi
- Board of Directors of Vietnam Mineral Corporation → organize the implementation of the merger in accordance with state regulations; approve the Charter regarding the organization and operation of Cao Bang Iron Company (amended and supplemented); and direct supplementary business registration.
- Director of Vietnam North Precious Stones and Gold Company, Director of Cao Bang Iron Company → responsible for implementing this Decision.
🌐 Tác động xã hội từ văn bản này
- Positive impact: Enhance the operational efficiency of Vietnam Mineral Corporation through the merger.
- Negative impact: May cause instability during the transition process, affecting the rights of employees and shareholders of related companies.
❓ Câu hỏi thường gặp
How does this merger take place?
The Board of Directors of Vietnam Mineral Corporation will organize the implementation of the merger in accordance with state regulations, including approving the Charter regarding the organization and operation of Cao Bang Iron Company (amended and supplemented) and directing supplementary business registration.
When does this merger take effect?
This Decision takes effect fifteen days from the date of publication in the Official Gazette.
Who is responsible for implementing this Decision?
The Head of the Ministry's Office, the Inspector General of the Ministry, Department Heads, Bureau Chiefs under the Ministry, Chairman of the Board of Directors and General Director of Vietnam Mineral Corporation, Director of Vietnam North Precious Stones and Gold Company, and Director of Cao Bang Iron Company are responsible for implementing this Decision.
Does this merger affect the rights of employees and shareholders?
It may cause instability during the transition process, affecting the rights of employees and shareholders of related companies.
Is there a specific deadline for implementing this merger?
This Decision only specifies that it takes effect fifteen days from the date of publication in the Official Gazette, without mentioning a specific deadline for the merger.
Toàn văn
DECISION OF THE MINISTER OF INDUSTRY
Regarding the merger of Vietnam North Precious Stones and Gold Company into Bac Giang Iron Company,
Vietnam Minerals Corporation
___________________
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. 50/CP dated August 28, 1996 of the Government on the establishment, restructuring, dissolution, and bankruptcy of state-owned enterprises and Decree No. 38/CP dated April 28, 1997 of the Government amending and supplementing certain provisions of Decree No. 50/CP;
Pursuant to Decision No. 125/QĐ-TTg dated January 28, 2003 of the Prime Minister approving the overall plan for the reorganization and modernization of state-owned corporations and enterprises under the Ministry of Industry for the period 2003-2005;
Pursuant to Decision No. 05/2003/QĐ-BCN dated February 13, 2003 of the Minister of Industry on the merger of Vietnam Precious Stones and Gold Corporation into Vietnam Minerals Corporation;
Considering the proposal of the Board of Directors of Vietnam Minerals Corporation at Circular No. 176/CV-HĐQT dated March 21, 2003;
At the proposal of the Director of the Personnel and Organization Department,
DECISION:
Article 1. Merge Vietnam North Precious Stones and Gold Company into Bac Giang Iron Company, Vietnam Minerals Corporation.
Article 2. Entrust the Board of Directors of Vietnam Minerals Corporation:
1. To organize and implement the merger in accordance with current regulations of the State.
2. To approve the Charter on organization and operation of Bac Giang Iron Company (amended and supplemented) and direct the supplementary business registration in accordance with the law.
Article 3. This Decision takes effect fifteen days from the date of publication in the Official Gazette.
The Director 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 Minerals Corporation, the Directors of Vietnam North Precious Stones and Gold Company and Bac Giang Iron Company are responsible for implementing this Decision./.
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