Decision No. 48/2004/QD-BCN on amending Clause 1 and Clause 3 of Article 1 of Decision No. 205/2003/QD-BCN dated December 3, 2003 of the Minister of Industry regarding the conversion of the Steel Southern Company's Metallurgical Construction Enterprise into the Southern Investment and Construction Joint Stock Company.

Decision No. 48/2004/QD-BCN of the Minister of Industry amended the charter capital structure and provided preferential treatment for workers in the Metallurgical Construction Enterprise under the Steel Southern Company when it was converted into the Southern Investment and Construction Joint Stock Company. The charter capital amount is 7 billion VND, with the State holding 20%, workers in the Enterprise holding 18.34%, and external sales accounting for 61.66%. Workers were given preferential treatment to purchase 9,472 shares with a preferential value of 284,160,000 VND.

Số hiệu48/2004/QĐ-BCN
Loại văn bảnDecision
Cơ quan ban hànhMinistry of Industry and Trade
Người kýĐỗ Hữu Hào — Thứ trưởng
Cập nhật30/06/2026
NgànhIndustry and Trade
Lĩnh vựcUncategorized
Ngày ban hành15/06/2004
Ngày áp dụng12/07/2004
Ngày hết hiệu lực
Tình trạngIn effect
✦ Tóm lược thông minh

Decision No. 48/2004/QD-BCN of the Minister of Industry amended the charter capital structure and provided preferential treatment for workers in the Metallurgical Construction Enterprise under the Steel Southern Company when it was converted into the Southern Investment and Construction Joint Stock Company. The charter capital amount is 7 billion VND, with the State holding 20%, workers in the Enterprise holding 18.34%, and external sales accounting for 61.66%. Workers were given preferential treatment to purchase 9,472 shares with a preferential value of 284,160,000 VND.

Các điểm cốt lõi

  • The Southern Investment and Construction Joint Stock Company → charter capital is 7 billion VND, of which the State holds 20%, workers in the Enterprise hold 18.34%, and external sales account for 61.66%.
  • Workers in the Enterprise → were given preferential treatment to purchase 9,472 shares with a preferential value of 284,160,000 VND.

🌐 Tác động xã hội từ văn bản này

  • Positive impact: Workers in the Enterprise benefit from the preferential share purchase policy.
  • Negative impact: The high charter capital amount may impose financial pressure on the newly established company.

❓ Câu hỏi thường gặp

What is the charter capital of the Southern Investment and Construction Joint Stock Company?

The charter capital of the Southern Investment and Construction Joint Stock Company is 7 billion VND.

What is the percentage of State-owned shares in the newly established company?

The percentage of State-owned shares in the newly established company is 20%.

How many shares were workers in the Enterprise given preferential treatment to purchase?

Workers in the Enterprise were given preferential treatment to purchase 9,472 shares.

What is the preferential value for workers when purchasing shares?

The preferential value for workers when purchasing shares is 284,160,000 VND.

When does this decision take effect?

This decision takes effect 15 days after its publication in the Official Gazette.

Toàn văn

MINISTRY OF INDUSTRY

SOCIALIST REPUBLIC OF VIET NAM

Independence - Freedom - Happiness

Number: 48/2004/QĐ-BCN Hanoi, June 15, 2004

DECISION

Regarding the amendment of Clause 1 and Clause 3 of Article 1 of Decision No. 205/2003/QĐ-BCN dated December 3, 2003, issued by the Minister of Industry on the transfer of the Metallurgical Construction Workshop under the South Vietnam Steel Company to the South Vietnam Investment and Construction Joint Stock Company Considering the proposal of the Vietnam Steel Corporation (Petition No. 1228/T-TC dated June 7, 2004);

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;

Amend Clause 1 and Clause 3 of Article 1 of Decision No. 205/2003/QĐ-BCN dated December 3, 2003, issued by the Minister of Industry on the transfer of the Metallurgical Construction Workshop under the South Vietnam Steel Company to the South Vietnam Investment and Construction Joint Stock Company as follows:

At the proposal of the Enterprise Reform and Development Board and the Director of the Personnel and Organization Department,

DECISION:

Article 1. "1. Registered Capital Structure:

The registered capital of the Joint Stock Company is seven billion Vietnamese dong (VND 7,000,000,000).

- State shareholding ratio: 20.00%;

- Shareholding ratio sold to employees within the Workshop: 18.34%;

- Shareholding ratio sold outside the Workshop: 61.66%. The value of one share: VND 100,000."

"3. Employee Preference Shares. The total number of preference shares sold to 66 employees within the Workshop is 9,472 shares with a preferential value of VND 284,160,000."

The Head of the Ministry's Office, the Inspector General of the Ministry, Heads of Departments, Directors of Bureaus under the Ministry, Chairman of the Board of Directors, General Director of the Vietnam Steel Corporation, General Director of the South Vietnam Steel Company, and Chairman of the Board of Directors, General Manager of the South Vietnam Investment and Construction Joint Stock Company are responsible for implementing this Decision./.

Article 2. This Decision takes effect fifteen days from the date of publication in the Official Gazette.

The Head of the Ministry’s Office, the Inspector General of the Ministry, the Heads of Departments and Directors of Bureaus under the Ministry, the Chairman of the Board of Directors, and the General Director of Vietnam Steel Corporation, the General Director of South Steel Company, and the Chairman of the Board of Directors and the Director of South Investment and Construction Joint Stock Company are responsible for implementing this Decision./.

DEPUTY MINISTER
DEPUTY MINISTER
(Signed)
Do Huu Hao
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Bản đồ quan hệ

48/2004/QĐ-BCN
Decision No. 48/2004/QD-BCN on amending Clause 1 and Clause 3 of Article 1 of Decision No. 205/2003/QD-BCN dated December 3, 2003 of the Minister of Industry regarding the conversion of the Steel Southern Company's Metallurgical Construction Enterprise into the Southern Investment and Construction Joint Stock Company.
In effect

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