Decision No. 81/2000/QĐ-BNN-TCCB amends and supplements Decision No. 26/2000/QĐ-BNN-TCCB regarding the Charter Capital of the Transport and Service Joint Stock Company. The Charter Capital is 2,300,000,000 VND, divided into three ratios: State holds 40%, employees within the company hold 29%, and external entities hold 31%.
Scope of application
Transport and Service Joint Stock Company
Key points
- Charter Capital of the Joint Stock Company: 2,300,000,000 VND, divided into 23,000 shares valued at 100,000 VND each share.
- The State's share ratio is 40% of the Charter Capital (920,000,000 VND).
- The share ratio sold to employees within the Company is 29% of the Charter Capital (677,100,000 VND).
- The share ratio sold to external entities outside the Company is 31% of the Charter Capital (702,900,000 VND), including 15% unsold which the Transport Company and transport agency continue to sell to recover State capital.
- Relevant agencies are responsible for implementing this decision.
🌐 Social impact of this document
- Strengthen management of State capital in joint stock companies, ensuring the interests of the State and employees.
- Reduce the unsold share ratio for external entities outside the Company, enhancing the responsibility of the Transport Company and transport agency.
❓ Frequently asked questions
What is the Charter Capital of the Joint Stock Company?
The Charter Capital of the Joint Stock Company is 2,300,000,000 VND.
What percentage does the State's share ratio account for?
The State's share ratio accounts for 40% of the Charter Capital, equivalent to 920,000,000 VND.
What is the share ratio sold to employees within the Company?
The share ratio sold to employees within the Company is 29% of the Charter Capital, equivalent to 677,100,000 VND.
Who sells the unsold shares?
The unsold shares for external entities outside the Company amount to 15% of the Charter Capital, equivalent to 337,400,000 VND, which the Transport Company and transport agency continue to sell to recover State capital.
Which agencies are responsible for implementing this decision?
The Director of the Ministry’s Office, the Head of the Cadre and Civil Servant Organization Department, the Enterprise Management Reform Board of the Ministry, the Heads of relevant units under the Ministry, the Board of Directors and General Director of the Import-Export Agricultural Products and Processed Food Corporation, and the Director of the Transport Company and transport agency are responsible for implementing this decision.
Full text
Pursuant to …;
Regarding amendment and supplementation of Decision No. 26/2000/QĐ-BNN-TCCB dated March 10, 2000
____________________________
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, 1998 of the Government on the conversion of state-owned enterprises into joint stock companies;
Pursuant to Decision No. 26/2000/QĐ-BNN-TCCB dated March 10, 2000 of the Ministry of Agriculture and Rural Development regarding the transfer of the Transport and Service Center to the Transport and Service Joint Stock Company;
Considering the proposal of the First Shareholders' Meeting of the Transport and Service Joint Stock Company on July 22, 2000; the Director of the Transport Company and Shipping Agent, the Board of Directors of the Import-Export Agricultural Products and Processed Food Corporation, the Enterprise Management Reform Committee of the Ministry, and the Director of the Cadre and Civil Servant Organization Department,
DECISION:
Article 1. Now amending and supplementing Clause 1 and 2 of Article 1 of Decision No. 26/2000/QĐ-BNN-TCCB dated March 10, 2000 as follows:
1.2. The Charter Capital of the Joint Stock Company is 2,300,000,000 VND (two billion three hundred million VND). The total capital is divided into 23,000 shares (twenty-three thousand shares), each share valued at 100,000 VND.
- The State share ratio (at the time of conversion to a joint stock company) is 40% of the Charter Capital, corresponding to 9,200 shares, valued at 920,000,000 VND (nine hundred twenty million VND).
- The share ratio sold to employees within the joint stock company is 29% of the Charter Capital, corresponding to 6,771 shares, valued at 677,100,000 VND (six hundred seventy-seven million one hundred thousand VND).
- The share ratio sold to external entities outside the company is 31% of the Charter Capital, corresponding to 7,029 shares, valued at 702,900,000 VND (seven hundred two million nine hundred thousand VND). The remaining unsold shares for external entities outside the company amount to 15% of the Charter Capital, corresponding to 3,374 shares, valued at 337,400,000 VND (three hundred thirty-seven million four hundred thousand VND), which will be represented by ownership and continue to be sold by the Transport Company and Shipping Agent to recover state capital according to regulations.
Article 2. The Head of the Ministry's Office, the Director of the Cadre and Civil Servant Organization Department, the Enterprise Management Reform Committee of the Ministry, the Heads of relevant units under the Ministry, the Board of Directors and General Manager of the Import-Export Agricultural Products and Processed Food Corporation, and the Director of the Transport Company and Shipping Agent are responsible for implementing this decision./.
DEPUTY MINISTER
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