Decision No. 74/2000/QĐ-TTg converts Construction Company No. 2 into a Joint Stock Company, stipulates the charter capital, share ratio, actual value of the enterprise, business sectors, and responsibilities of related parties.
适用范围
Construction Company No. 2, employees within the company, General Construction Company for Water Resources No. 1, Ministry of Agriculture and Rural Development, Board of Directors of Construction Company No. 2 Joint Stock Company.
要点
- Construction Company No. 2 is converted into a Joint Stock Company with a charter capital of 15,500,000,000 VND, of which the State holds 26%, internal employees hold 66%, and other entities hold 8%.
- The actual value of the enterprise for privatization is 54,492,867,675 VND, of which the State's equity value is 15,393,581,657 VND.
- Employees are given preferential treatment to purchase shares totaling 102,637 shares worth 3,079,110,000 VND, of which poor employees are given preferential treatment for 20,527 shares worth 1,436,890,000 VND.
- After privatization, the company uses proceeds from selling shares to train and retrain employees, provide subsidies to employees who voluntarily terminate their labor contracts.
- The company may choose benefits under Decree No. 44/1998/NĐ-CP or Decree No. 51/1999/NĐ-CP to register with local tax authorities.
🌐 本文件的社会影响
- Facilitate employees' purchase of shares, increase ownership rights and economic benefits.
- Help the company operate according to a private enterprise model, improve management efficiency and development.
- The company has added new business sectors, expanded its scope of operations.
❓ 常见问题
What is the charter capital of Construction Company No. 2 Joint Stock Company?
The charter capital of Construction Company No. 2 Joint Stock Company is 15,500,000,000 VND.
What is the State's share ratio in the company?
The State's share ratio in the company is 26%.
What is the total value of shares that employees are given preferential treatment to purchase?
Employees are given preferential treatment to purchase shares with a total value of 3,079,110,000 VND.
Which decree can the company choose benefits from to register with the tax authority?
The company can choose benefits from Decree No. 44/1998/NĐ-CP or Decree No. 51/1999/NĐ-CP.
What are the main business sectors of Construction Company No. 2 Joint Stock Company?
The main business sectors of Construction Company No. 2 Joint Stock Company include construction of water resources projects, hydraulic and civil works, foundation treatment construction, repair and upgrading of transportation and water resources projects.
全文
DECISION OF THE CHAIRMAN OF THE GOVERNMENT
Regarding the conversion of Water Resources Construction Company No. 2 into a Joint Stock Company
PRIME MINISTER
Pursuant to the Law on Government Organization dated September 30, 1992;
Pursuant to Decree No. 44/1998/NĐ-CP dated June 29, 1998 of the Government on converting state-owned enterprises into Joint Stock Companies;
At the proposal of the Minister of Agriculture and Rural Development,
DECISION:
Article 1. Approves the plan for the conversion of Water Resources Construction Company No. 2 under the Hydraulic Construction Corporation No. 1 as proposed in Circular No. 980/BNNTCCB dated March 24, 2000 of the Minister of Agriculture and Rural Development as follows:
1. Registered capital: 15,500,000,000 VND, including:
State share: 26% of the registered capital.
Employee share: 66% of the registered capital.
Share sold to external entities: 8% of the registered capital.
2. The actual value of the enterprise for conversion at the time of January 1, 1999: 54,492,867,675 VND, of which the actual value of the state capital: 15,393,581,657 VND.
3. Total number of shares offered at a preferential price to employees: 102,637 shares with a total preferential value of 3,079,110,000 VND.
Total number of shares offered at a preferential price to poor employees within the enterprise to be repaid gradually: 20,527 shares; valued at 1,436,890,000 VND.
4. After the conversion, the enterprise may use proceeds from the sale of shares as follows:
Training and retraining of employees: 385,676,880 VND.
Subsidies for employees voluntarily terminating their labor contracts: 199,206,900 VND.
5. Temporarily set aside the debt of Soc Son Catering Service Tourism Company amounting to 1,118,713,000 VND; transfer this debt to Water Resources Construction Company No. 2 after its conversion into a Joint Stock Company for resolution according to the guidance of the Ministry of Finance and implementation of the Court's Decision.
Article 2. Convert Water Resources Construction Company No. 2 under the Hydraulic Construction Corporation No. 1 of the Ministry of Agriculture and Rural Development into a Joint Stock Company.
Full name in Vietnamese: Water Resources Construction Joint Stock Company No. 2.
International trade name: HYDRAULIC CONSTRUCTION JOINT STOCK COMPANY 2.
Abbreviated name: HSCO2.
Head office: Tan Minh Commune, Soc Son District, Hanoi City.
Article 3. Water Resources Construction Joint Stock Company No. 2 shall choose one of the two Decrees: No. 44/1998/NĐ-CP dated June 29, 1998 on converting state-owned enterprises into Joint Stock Companies and No. 51/1999/NĐ-CP dated July 8, 1999 of the Government detailing the implementation of the Law on Encouraging Domestic Investment (amended) No. 03/1998/QH10 to register with the local tax authority.
Article 4. Water Resources Construction Joint Stock Company No. 2 engages in the following business activities:
Construction of water resources projects: dikes, dams, revetments, water storage reservoirs, irrigation systems, water pipelines.
Construction of hydraulic works related to hydropower projects, construction of power transmission lines and substations up to 35KV.
Construction of civil engineering projects and the outer shell of industrial projects classified as Group B.
Construction of roads up to Class III and bridges on roads.
Foundation treatment construction.
Repair and upgrade transportation and water resources projects.
Excavation, transportation of building materials.
Import and trade of specialized equipment for water resources.
Hotel and tourism services.
Article 5. Water Resources Construction Joint Stock Company No. 2:
Is a legal entity under Vietnamese law from the date of issuance of the business registration certificate, operates independently, has its own seal, and can open bank accounts according to the law, operates according to the Articles of Association of the Joint Stock Company and the Enterprise Law.
The General Director and Chief Accountant of Water Resources Construction Company No. 2 are responsible for managing the enterprise until the full handover to the Board of Directors and General Director of Water Resources Construction Joint Stock Company No. 2.
Article 6. This Decision takes effect from the date of signing. Abolish previous Decisions that conflict with this Decision. The Minister of Agriculture and Rural Development, the Board of Directors of the Hydraulic Construction Corporation No. 1, the General Director of Water Resources Construction Company No. 2, and the Board of Directors of Water Resources Construction Joint Stock Company No. 2 are responsible for implementing this Decision./.
DEPUTY PRIME MINISTER
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