Decision No. 670/QD-BTC announces the list of consulting organizations for enterprise valuation services suspended for privatization purposes due to violations and errors in registration files. This decision applies to three specific organizations.
Đối tượng áp dụng
Joint Stock Securities Company East Asia Bank (EABS CO., Ltd), Financial Accounting and Auditing Consulting Service Limited Company (AASC), Vietnam ASNAF Audit Limited Company (ASNAF Co., Ltd)
Các điểm cốt lõi
- The consulting organizations mentioned in Article 1 of the Decision are suspended from providing enterprise valuation services for privatization purposes.
- Consulting organizations must rectify deficiencies within thirty days from the date the Decision takes effect.
- The Ministry of Finance will consider allowing organizations to resume operations after deficiencies have been rectified.
- This Decision applies to state-owned enterprises transitioning to joint-stock companies, consulting organizations for enterprise valuation, and related units.
- The Director of the Ministry's Office, the Director of the State Enterprise Financial Department, the Chairman of the State Securities Commission, and relevant units must implement this Decision.
🌐 Tác động xã hội từ văn bản này
- Negative impact: Consulting organizations are suspended during the deficiency rectification period, causing difficulties for enterprises needing valuation services.
- Positive impact: Ensuring the quality and transparency of the state enterprise privatization process.
❓ Câu hỏi thường gặp
Which consulting organizations are suspended from providing services?
Joint Stock Securities Company East Asia Bank (EABS CO., Ltd), Financial Accounting and Auditing Consulting Service Limited Company (AASC), and Vietnam ASNAF Audit Limited Company (ASNAF Co., Ltd).
What is the rectification period?
Thirty days from the date the Decision takes effect.
Toàn văn
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MINISTRY OF FINANCE ------------- Number: 670/QD-BTC |
SOCIALIST REPUBLIC OF VIETNAM Independence - Freedom - Happiness ------------------------------------- Hanoi, March 30, 2010 |
Pursuant to …;
Regarding the announcement of the list of consulting valuation organizations temporarily suspended from providing services to determine enterprise value for shareholding reform
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THE MINISTER OF FINANCE
Pursuant to Decree No. 77/2003/ND-CP dated July 1, 2003 of the Government stipulating the functions, tasks, powers, and organizational structure of the Ministry of Finance;
Pursuant to Decree No. 109/2007/ND-CP dated June 26, 2007 of the Government on converting state-owned enterprises with 100% state capital into joint-stock companies;
Pursuant to Decision No. 100/2007/QD-BTC dated December 6, 2007 of the Minister of Finance promulgating the Regulation on selecting and supervising consulting valuation organizations;
At the proposal of the Director of the Department of Financial Affairs of Banks and Financial Institutions,
DECISION:
Article 1. Announcing the list of consulting valuation organizations temporarily suspended due to non-compliance with regulations during the provision of services to determine enterprise value and errors in preparing audit registration files, including:
1. East Asia Bank Securities Joint Stock Company (EABS CO., Ltd);
2. Financial Accounting and Auditing Consulting Services Joint Stock Company (AASC);
3. ASNAF Vietnam Audit Joint Stock Company (ASNAF Co., Ltd);
Article 2. The enterprises mentioned in Article 1 of this Decision shall be responsible for rectifying deficiencies within thirty days from the date this Decision takes effect. The Ministry of Finance will consider allowing these enterprises to continue providing services to determine enterprise value for shareholding reform upon rectification of the deficiencies.
Article 3. This Decision takes effect from the date of signature. The Director of the Ministry's Office, the Director of the Enterprise Finance Department, the Chairman of the State Securities Commission, the Head of the Department of Banking and Financial Organization Finance, state-owned enterprises transitioning to joint-stock companies, consulting valuation organizations, and heads of related units are responsible for implementing this Decision./.
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Place of Receipt: |
DEPUTY MINISTER |
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- As Article 3; |
DEPUTY MINISTER |
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- Steering Committee for Enterprise Value Determination for Shareholding Reform; |
(signed) |
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- Ministries, ministerial-level agencies; |
Tran Xuan Ha |
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- Government agency; |
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- People's Committees, Provincial Departments of Finance, Municipalities under Central Government; |
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- State-owned Corporations; |
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- Units under the Ministry of Finance, Ministry of Finance website; |
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- File: VT, Department of Accounting and Finance. |
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