The decision to convert the Gia Thanh Stone Enterprise into the Gia Thanh Stone Joint Stock Company stipulates the charter capital, preferential value for employees, and the business activities of the new company.
适用范围
Gia Thanh Stone Enterprise; Department of Business Management Reform, Ministry of Agriculture and Rural Development; Cadre and Civil Servant Affairs Department
要点
- The Gia Thanh Stone Enterprise will be converted into the Gia Thanh Stone Joint Stock Company from the date it receives its business registration (Article 3).
- The charter capital of the new company is 760 million VND, divided into 7,600 shares sold to employees of the enterprise (Article 1.2).
- Employees are entitled to purchase shares at a total preferential value of 228 million VND (Article 1.3).
- The new company's business activities include small-scale housing construction and water conservancy projects, stone extraction and construction material transportation, and fuel services (Article 2.3).
- The leadership and management of the Gia Thanh Stone Enterprise will continue to perform their functions until the full handover to the Board of Directors and General Director of the Gia Thanh Stone Joint Stock Company (Article 4).
🌐 本文件的社会影响
- The new company has the opportunity to develop under a market economy model, enhancing operational efficiency.
- Employees of the enterprise are entitled to purchase shares at a preferential price, contributing to improving income and ownership rights.
- The old enterprise will cease to exist after being converted into the new company.
❓ 常见问题
What is the charter capital of the Gia Thanh Stone Joint Stock Company?
The company's charter capital is 760 million VND, divided into 7,600 shares.
How are employees entitled to purchase shares?
The total number of shares available at a preferential price for employees is 7,600 shares, valued at 228 million VND.
What are the business activities of the Gia Thanh Stone Joint Stock Company?
The new company's business activities include small-scale housing construction and water conservancy projects, stone extraction and construction material transportation, and fuel services.
When does the Gia Thanh Stone Joint Stock Company start operations?
The new company starts operations from the date it receives its business registration.
What responsibilities do the leaders of the old enterprise have during the conversion process?
The leadership and management of the Gia Thanh Stone Enterprise will continue to perform their functions until the full handover to the Board of Directors and General Director of the Gia Thanh Stone Joint Stock Company.
全文
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MINISTRY OF AGRICULTURE AND RURAL DEVELOPMENT - Office of the Government (for publication in the Official Gazette and posting on the |
SOCIALIST REPUBLIC OF VIETNAM |
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Number: 51/1999/QD-BNN/TCCB |
Hanoi, March 18, 1999 |
Pursuant to …;
Regarding the conversion of Gia Thanh Stone Enterprise
into Gia Thanh Stone Joint Stock Company
THE MINISTER OF AGRICULTURE AND RURAL DEVELOPMENT
Pursuant to Decree No. 73/CP dated November 1, 1995 of the Government on functions, tasks, powers, and organizational structure of the Ministry of Agriculture and Rural Development;
Pursuant to Decree No. 44/1998/NĐ-CP dated June 29, 1999 of the Government on the conversion of state-owned enterprises into joint stock companies;
Considering the proposal of the Management Reform Board of the Ministry of Agriculture and Rural Development, the Director of the Personnel and Organization Department, and the Management Reform Board of the Construction, Service, and Labor Cooperation Company,
Pursuant to …;
Article 1 .- Approving the privatization plan for Gia Thanh Stone Enterprise (a part of the Construction, Service, and Labor Cooperation Company - an independent state-owned enterprise under the Ministry of Agriculture and Rural Development) comprising the following main contents:
1.1 The actual value of the Enterprise at 00:00 on January 01, 1999 is: 1,116,099,148 VND (one billion one hundred sixteen million nine hundred ninety-one thousand one hundred forty-eight dong). Of which, the actual value of the state capital in the Enterprise is: 759,508,511 VND (seven hundred fifty-nine million five hundred eight thousand five hundred eleven dong).
1.2 Charter Capital of the Joint Stock Company: 760,000,000 VND (seven hundred sixty million dong). The total capital is divided into 7,600 shares. All shares will be sold to employees of the Enterprise (100% of the charter capital).
1.3 Employee benefits:
The total number of shares offered at a preferential price to employees of the Enterprise is: 7,600 shares (seven thousand six hundred shares). The preferential value amount is: 228,000,000 VND (two hundred twenty-eight million dong).
The total number of shares offered at a preferential price to poor employees of the Enterprise to be paid gradually is: 1,520 shares (one thousand five hundred twenty shares), valued at: 106,400,000 VND (one hundred six million four hundred thousand dong).
1.4 Management of share sale proceeds: Implemented according to Section V, Part II of Circular No. 104/1998/TT-BTC dated July 18, 1998 of the Ministry of Finance, guiding financial matters when converting state-owned enterprises into joint stock companies, and Point 6 of Document No. 3138 TC/TCDN dated August 19, 1998 of the Ministry of Finance regarding guidance on implementing the privatization of state-owned enterprises.
1.5 While awaiting the State's consideration of the Enterprise's request to supplement preferential shares for poor employees of the Enterprise, the implementation of the privatization of Gia Thanh Stone Enterprise must still proceed according to the contents of this decision.
Article 2 .- Converting Gia Thanh Stone Enterprise into a joint stock company with the following characteristics:
Full name in Vietnamese: Gia Thanh Stone Joint Stock Company.
- International trade name:
GIA THANH ROCK EXPLORATION JOINT STOCK COMPANY
Abbreviation: GIARESCO
2.2 Business address: Gia Thanh Commune, Gia Vien District, Ninh Binh Province.
2.3 Business activities:
- Construction of residential buildings and small-scale water conservancy projects.
- Quarrying stone and transporting construction materials.
- Fuel service.
Article 3Gia Thanh Stone Joint Stock Company shall be a legal entity under Vietnamese law from the date of registration, implementing an independent economic accounting system, having its own seal, opening accounts at banks as prescribed by law, and operating according to the Articles of Association of Gia Thanh Stone Joint Stock Company and the Law on Enterprises.
Article 4This Decision takes effect from the date of signature. Leaders and management staff of Gia Thanh Stone Enterprise are responsible for managing and operating the Enterprise until the handover of the entire Enterprise to the Board of Directors and General Director of Gia Thanh Stone Joint Stock Company. From the handover date, the decision establishing Gia Thanh Stone Enterprise ceases to be effective.
Article 5.- The Head of the Office of the Ministry, the Director of the Personnel and Organization Department, Heads of units related to the Ministry, the Management Reform Board of the Ministry, the Director and the Management Reform Board of the Construction, Service, and Labor Cooperation Company, and the Director of Gia Thanh Stone Enterprise are responsible for implementing this decision./.
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KT. THE MINISTER MINISTRY OF AGRICULTURE AND RURAL DEVELOPMENTd.1. Amount of taxable income in Vietnam:INDIVIDUAL HOUSEHOLD FARMING DEPUTY MINISTER (Signed) |
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