Decision No. 73/2000/QD-BCN of the Ministry of Industry on the conversion of Binh Dinh Vegetable Oil Company into Binh Dinh Vegetable Oil Joint Stock Company, including the charter capital structure, preferential treatment for employees, and business operations.
적용 범위
Binh Dinh Vegetable Oil Company
핵심 사항
- Binh Dinh Vegetable Oil Company was converted into a joint stock company with a charter capital of 4 billion VND, of which 50% was sold to employees and 50% to other entities.
- The actual value of the company at the time of shareholding transformation was 27,254,769,950 VND, of which the state-owned portion was 3,931,908,099 VND.
- Employees were offered preferential purchase of 17,256 shares with a total value of 517,680,000 VND, including 460 shares for 11 poor workers.
- Binh Dinh Vegetable Oil Company used part of the proceeds from the sale of shares for the costs of shareholding transformation, training, and retraining of workers.
- The joint stock company began operations on January 1, 2001, with the Vietnamese name Binh Dinh Vegetable Oil Joint Stock Company and the English name BINHDINH VEGETABLE OIL STOCK COMPANY (BIVOCO).
🌐 이 문서의 사회적 영향
- Employees benefited from the preferential sale of shares.
- The company has additional capital for investment and business development.
- Business operations have become more diverse, including processing products from cashew trees and import-export activities.
❓ 자주 묻는 질문
What is the charter capital of Binh Dinh Vegetable Oil Joint Stock Company?
The charter capital of Binh Dinh Vegetable Oil Joint Stock Company is 4 billion VND.
How many shares were offered to employees at a preferential price?
Employees were offered preferential purchase of 17,256 shares.
How did Binh Dinh Vegetable Oil Company use the proceeds from the sale of shares?
Binh Dinh Vegetable Oil Company used part of the proceeds from the sale of shares for the costs of shareholding transformation, training, and retraining of workers.
What is the English name of Binh Dinh Vegetable Oil Joint Stock Company?
The English name of Binh Dinh Vegetable Oil Joint Stock Company is BINHDINH VEGETABLE OIL STOCK COMPANY (BIVOCO).
When did the company start operating?
Binh Dinh Vegetable Oil Joint Stock Company began operations from January 1, 2001.
전문
DECISION OF THE MINISTER OF INDUSTRY
Regarding the conversion of Bình Định Vegetable Oil Company
into Bình Định Vegetable Oil Joint Stock Company
THE MINISTER OF INDUSTRY
Pursuant to Decree No. 74/CP dated November 1, 1995 of the Government on the functions, tasks, powers, and organizational structure of the Ministry of Industry;
Pursuant to Decree No. 44/1998/NĐ-CP dated June 29, 1998 of the Government on the conversion of state-owned enterprises into joint stock companies;
Considering the Plan and the proposal of Bình Định Vegetable Oil Company (document number 85/DTV dated November 30, 2000) regarding the conversion of the company into Bình Định Vegetable Oil Joint Stock Company and the Minutes of Evaluation on December 21, 2000 by the Enterprise Management Reform Board under the Ministry of Industry on the Plan;
At the recommendation of the Enterprise Management Reform Board of the Ministry of Industry and the Director of the Organization and Cadre Affairs Department,
DECISION:
Article 1. Approving the Plan for the conversion of Bình Định Vegetable Oil Company (an enterprise under the Ministry of Industry) including the following main points.
The charter capital of the joint stock company is: 4,000,000,000 VND (Four billion VND). Of which,
The proportion of shares sold to employees within the company: 50%;
The proportion of shares sold to other entities outside the company: 50%.
The value of one share: 100,000 VND.
2. The actual value of Bình Định Vegetable Oil Company (Decision No. 1242/QĐ-BTC dated October 27, 2000 of the Ministry of Finance on determining the value of Bình Định Vegetable Oil Company) at the time of 00:00 on July 1, 1999 for the purpose of conversion is: 27,254,769,950 VND. Among this, the actual value of the State-owned capital portion in the company is: 3,931,908,099 VND.
3. Preferential treatment for employees of the Company.
The total number of preferential shares sold to 694 employees in the company is 17,256 shares with a preferential value of 517,680,000 VND. Among this, the total number of shares sold on credit at a preferential price to 11 poor employees in the company is 460 shares worth 32,200,000 VND.
4. Bình Định Vegetable Oil Company may use part of the proceeds from selling shares belonging to the State-owned capital of the company to cover costs related to the conversion, training, and retraining of employees. Bình Định Vegetable Oil Company shall prepare a plan to report to the Ministry of Industry for approval and shall be responsible for managing and using it according to the regulations of the State.
Name in Vietnamese: Bình Định Vegetable Oil Joint Stock Company;
Name in English: BINHDINH VEGETABLE OIL STOCK COMPANY, abbreviated as: BIVOCO;
Main office located at: Area 4, Quang Trung Ward, Quy Nhon City, Binh Dinh Province.
Article 3. The company engages in the following business activities (at the time of conversion to a joint stock company):
-Trading and processing products from cashew trees, oil-bearing trees, agricultural products, and foodstuffs;
-Direct import and export of goods, products of the company, raw materials, supplies, spare parts serving production of the company; -Leasing warehouses, real estate, and engaging in other businesses in accordance with the law.
Article 4. Bình Định Vegetable Oil Joint Stock Company is a legal entity under Vietnamese law from the date of registration for business operations, implementing independent economic accounting, using its own seal, opening bank accounts according to the law, operating in accordance with the Charter of the Joint Stock Company and the Law on Enterprises.
Article 5. The Enterprise Management Reform Board of Bình Định Vegetable Oil Company is responsible for directing and organizing the Founding Shareholders' Meeting of the Joint Stock Company (electing the Board of Directors, Supervisory Board, and approving the Charter of the Company).
Director and Chief Accountant of Bình Định Vegetable Oil Company are responsible for managing the company's operations until they hand over to the Board of Directors and General Director of Bình Định Vegetable Oil Joint Stock Company.
Article 6. This Decision takes effect 15 days after the date of signature. Abolish previous Decisions that conflict with this Decision.
Head of the Office of the Ministry, Head of the Inspectorate of the Ministry, Heads of Departments under the Ministry, Director of Bình Định Vegetable Oil Company, and Chairman of the Board of Directors and General Director of Bình Định Vegetable Oil Joint Stock Company are responsible for implementing this Decision.
DEPUTY MINISTER
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