This Decision stipulates the conversion of the Construction and Material Production Company into a joint-stock company, including actual value, charter capital, share structure, employee benefits, name, headquarters, and business operations. This Decision applies to entities involved in the conversion process.
适用范围
Ministry of Agriculture and Rural Development, Enterprise Management Reform Board, Cadre and Civil Servant Department, Ministerial Office Director, Heads of relevant units under the Ministry, Board of Directors and General Director of the Import-Export Agricultural Products and Processed Food Corporation, Director and Enterprise Management Reform Board at the Construction and Material Production Company.
要点
- The Construction and Material Production Company is converted into a joint-stock company with a charter capital of 2,000,000,000 VND, divided into 20,000 shares, of which 50% belong to the State (10,000 shares) and 50% are sold to employees (10,000 shares).
- Employees are granted preferential treatment with a total of 6,130 shares, of which 960 shares are reserved for poor employees.
- The full name of the company is Construction and Material Production Joint-Stock Company, trading name in English is Construction and Production Materials Joint-Stock Company (C.P.M.J.Co).
- The main office is located at 57 Hang Chuoi Street, Hai Ba Trung District, Hanoi City. Representative offices and branches are converted accordingly.
- Business operations include construction projects, production and sale of building materials.
🌐 本文件的社会影响
- Positive impacts include improved management efficiency and enhanced competitiveness through the process of shareholding.
- Negative impacts include conversion costs, preparation and implementation time which may cause short-term difficulties for production and business activities.
❓ 常见问题
What is the charter capital of the joint-stock company?
The charter capital of the Construction and Material Production Joint-Stock Company is 2,000,000,000 VND.
What is the ratio of State shares and employee shares in the joint-stock company?
The State holds 50% (10,000 shares), and 50% (10,000 shares) are sold to employees.
How are employees treated preferentially?
Employees are granted preferential treatment with a total of 6,130 shares, of which 960 shares are reserved for poor employees.
What is the name of the company after the conversion?
The full name of the company is Construction and Material Production Joint-Stock Company, trading name in English is Construction and Production Materials Joint-Stock Company (C.P.M.J.Co).
What are the business operations of the company after the conversion?
Business operations include construction projects, production and sale of building materials.
全文
Pursuant to …;
Regarding the conversion of the Construction and Material Production Company into a joint-stock company
export materials
________________________
THE MINISTER OF AGRICULTURE AND RURAL DEVELOPMENT
Considering the proposal of the Board of Directors of the Vietnam Livestock Corporation and the Director of the Cadre and Civil Service Department;
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 proposal of the Enterprise Management Reform Board under the Ministry and the Director of the Personnel Department,
DECISION:
Article 1. Approves the plan for the shareholding reform of the Construction and Material Production Company, a state-owned enterprise operating independently, a member unit of the Import-Export Agricultural Products and Processed Food Corporation under the Ministry of Agriculture and Rural Development, including the following main contents:
1. The actual value of the Construction and Material Production Company at 00:00 on December 31, 1998 was 12,256,853,577 Vietnamese dong (twelve billion two hundred sixty million eight hundred fifty-three thousand five hundred seventy-seven Vietnamese dong). Among this, the actual value of the state capital in the enterprise was 2,236,271,113 Vietnamese dong (two billion two hundred thirty-six million two hundred seventy-one thousand one hundred thirteen Vietnamese dong).
2. The Charter Capital of the joint-stock company: 2,000,000,000 Vietnamese dong (two billion Vietnamese dong). The total capital is divided into 20,000 equal shares with the following structure:
- State share ratio: 50% of the Charter Capital (equivalent to 10,000 shares); - Share ratio sold to employees of the enterprise: 50% of the Charter Capital (equivalent to 10,000 shares).
3. Benefits for employees within the enterprise:
- Total preferential shares for all employees of the enterprise: 6,130 shares. The preferential value is: 183,900,000 Vietnamese dong (one hundred eighty-three million nine hundred thousand Vietnamese dong)
- Total preferential shares for poor employees of the enterprise to be repaid gradually: 960 shares, the gradual repayment value is: 67,200,000 Vietnamese dong (sixty-seven million two hundred thousand Vietnamese dong).
4Management of proceeds from the sale of shares:
Implemented according to Section V, Part II of Circular No. 104/1998/TT-BTC dated July 18, 1998 of the Ministry of Finance guiding financial matters when converting state-owned enterprises into joint-stock companies and Item 6 of Document No. 3138 TC/TCDN dated August 19, 1998 of the Ministry of Finance regarding guidance on implementing the shareholding reform of state-owned enterprises.
Article 2. - Convert the Construction and Material Production Company into a joint-stock company with the following main characteristics:
1. - Full name in Vietnamese:
Construction and Production Materials Joint-Stock Company - English name: Construction and Production Materials Joint-Stock Company. Abbreviation: C.P.M.J.Co
2. Main office address: No. 57 Hang Chuoi Street, Hai Ba Trung District, Hanoi City.
The representative office in Bac Kan and branch in Dak Lak of the Construction and Material Production Company will be converted into the representative office in Bac Kan and branch in Dak Lak of the Construction and Production Materials Joint-Stock Company.
3Business activities:
- Construction of industrial, public, civil, transportation, and water conservancy works; - Production and trading of construction materials.
Article 3. - The Construction and Production Materials Joint-Stock Company is a legal entity under Vietnamese law from the date of business registration, operates independently, has its own seal, can open a transaction account at the bank as prescribed by law, and operates according to the Articles of Association of the Construction and Production Materials Joint-Stock Company and the Enterprise Law.
Article 4. - The Director and Chief Accountant of the Construction and Material Production Company are responsible for managing and operating the company until the entire enterprise is handed over to the Board of Directors and General Manager of the Construction and Production Materials Joint-Stock Company. From the handover date, the decision establishing the Construction and Material Production Company ceases to be effective.
Article 5. The Head of the Office of the Ministry, the Director of the Department of Organization and Cadres, the Reform Management 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, the Director and Reform Management Board of the Construction and Material Production Company are responsible for implementing this decision../.
DEPUTY MINISTER
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