Pursuant to Decision No. 81/2004/QĐ-BCN of the Ministry of Industry, the Southern Coal Processing and Trading Company shall be transformed into the Southern Coal Joint Stock Company with a charter capital of 4.605 billion VND, of which the State holds 77.30% and internal employees purchase 22.70%. The company operates in various business sectors and has its headquarters in Ho Chi Minh City.
适用范围
Southern Coal Processing and Trading Company, Vietnam National Coal Corporation, Board of Directors, General Director, Chief Accountant of the Southern Coal Joint Stock Company.
要点
- The Southern Coal Processing and Trading Company is transformed into the Southern Coal Joint Stock Company with a charter capital of 4.605 billion VND, of which the State holds 77.30% and internal employees purchase 22.70% (Article 1)
- The Southern Coal Joint Stock Company operates in various fields such as coal production, processing, and trading; inland waterway and road transportation; hotel operation; construction material production and trading; business and import-export (Article 3)
- The Southern Coal Joint Stock Company becomes a legal entity under Vietnamese law from the date of registration for business (Article 4)
- The Vietnam National Coal Corporation is responsible for directing the sale of shares and organizing the first Shareholders' Meeting for the Southern Coal Joint Stock Company (Article 5)
- This Decision takes effect fifteen days after its publication in the Official Gazette (Article 6)
🌐 本文件的社会影响
- Creating opportunities for internal employees to purchase shares, increasing ownership rights and economic benefits
- Helping the company operate according to a private enterprise model, improving management efficiency and development
- The company expands into new business areas, broadening its scope of operations
❓ 常见问题
What is the charter capital of the Southern Coal Joint Stock Company?
The charter capital of the Southern Coal Joint Stock Company is 4.605 billion VND (Article 1).
What percentage of shares does the State hold in the Southern Coal Joint Stock Company?
The State holds 77.30% of the shares in the Southern Coal Joint Stock Company (Article 1).
What percentage of shares can internal employees purchase?
Internal employees can purchase 22.70% of the shares in the Southern Coal Joint Stock Company (Article 1).
In which sectors does the Southern Coal Joint Stock Company operate?
The Southern Coal Joint Stock Company operates in various sectors including coal production, processing, and trading; inland waterway and road transportation; hotel operation; construction material production and trading; business and import-export (Article 3).
When does this Decision take effect?
This Decision takes effect fifteen days after its publication in the Official Gazette (Article 6).
全文
Pursuant to …;
Regarding the transformation of the Southern Coal Processing and Trading Company into the Southern Coal Joint Stock Company
into the Southern Coal Joint Stock Company
_________________________
THE MINISTER OF INDUSTRY
Pursuant to Decree No. 55/2003/NĐ-CP dated May 28, 2003 of the Government stipulating the functions, tasks, powers, and organizational structure of the Ministry of Industry;
Pursuant to Decree No. 64/2002/NĐ-CP dated June 19, 2002 of the Government on the conversion of state-owned enterprises into joint-stock companies;
Considering the proposal of Vietnam Coal Corporation (Proposal No. 2707/TTr-HĐQT dated August 9, 2004), the plan for the conversion of the Southern Coal Processing and Trading Company into a joint stock company, and the appraisal report of the Enterprise Reform and Development Board of the Ministry on August 19, 2004;
At the suggestion of the Enterprise Reform and Development Board and the Director of the Personnel and Organization Department.
DECISION:
Article 1. Approves the plan for the conversion of the Southern Coal Processing and Trading Company (an independent accounting member enterprise of Vietnam Coal Corporation) including the following main points:
1. Capital structure:
The charter capital of the joint stock company is 4,605,000,000 VND (Four billion, six hundred and five million VND).
- State shareholding ratio: 77.30%;
- Shareholding ratio sold to employees of the company: 22.70%.
The value of one share: 100,000 VND.
2. The actual value of the Southern Coal Processing and Trading Company at the time of December 31, 2003 for the purpose of conversion into a joint stock company (Decision No. 1791/QD-TCKT dated July 2, 2004 of the Ministry of Industry) is 20,817,244,507 VND. Among which, the actual value of the state capital in the company is 4,125,673,655 VND.
3. Preferential treatment for employees of the Company.
The total number of preferential shares sold to 100 employees of the company is 10,420 shares with a preferential value of 312,600,000 VND.
4. Regarding the costs of conversion, retraining of labor, and surplus labor resolution, the Southern Coal Processing and Trading Company shall handle procedures and report to Vietnam Coal Corporation and relevant state authorities for approval according to current regulations.
Article 2. Transform the Southern Coal Processing and Trading Company into the Southern Coal Joint Stock Company,
- International trade name: SOUTHERN COAL JOINT STOCK COMPANY;
- Abbreviation: SCC;
- Main office: No. 49, Nam Ky Khoi Nghia Street, District 1, Ho Chi Minh City.
Article 3. The joint stock company engages in the following business activities:
- Production, processing, and trading of coal;
- Waterway and road transportation;
- Hotel business;
- Production and trading of construction materials;
- Trading and import/export of materials, equipment, spare parts, goods serving production and daily life;
- Engaging in other businesses in accordance with the provisions of the law.
Article 4. The Southern Coal Joint Stock Company is a legal entity under Vietnamese law from the date of registration for business, independently accounting for economic activities, using its own seal, opening bank accounts according to legal provisions, operating according to the Articles of Association of the joint stock company and the Law on Enterprises.
Article 5. Vietnam Coal Corporation is responsible for directing the Southern Coal Processing and Trading Company to organize the sale of shares and to organize the first General Meeting of Shareholders of the Southern Coal Joint Stock Company in accordance with current regulations.
The Director and Chief Accountant of the Southern Coal Processing and Trading Company are responsible for managing the operations of the company until the transfer of all capital, assets, labor, and land to the Board of Directors and General Manager of the joint stock company.
Article 6. The Standard Measurement Quality Control Department shall be responsible for organizing and guiding the implementation of the Regulations adopted herein.
The Head of the Ministry's Office, the Inspector General of the Ministry, the Heads of Departments and Bureaus under the Ministry, the Chairman of the Board of Directors, the General Director of Vietnam Coal Corporation, the Director of the Southern Coal Processing and Trading Company, and the Chairman of the Board of Directors and General Manager of the Southern Coal Joint Stock Company are responsible for implementing this Decision./.
DEPUTY MINISTER
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