Decision No. 90/2000/QĐ-TTg of the Government approving the plan for the conversion of Da Nang Plastic Company to a Joint Stock Company. The Charter Capital is 15,965,200,000 VND, of which 70% will be sold to employees and 30% to other entities.
适用范围
Da Nang Plastic Company, employees within the enterprise, entities purchasing shares outside the company, Chairman of the People's Committee of Da Nang City, General Director of Da Nang Plastic Company, Board of Directors of Da Nang Plastic Joint Stock Company.
要点
- Da Nang Plastic Company → is converted into a Joint Stock Company with a Charter Capital of 15,965,200,000 VND, of which 70% will be sold to employees and 30% to other entities.
- Employees → are entitled to purchase preferential shares totaling 38,295 shares; of which 6,535 preferential shares are sold to poor employees.
- Da Nang Plastic Company → engages in businesses such as production, import and export, trading in plastic materials and other appropriate industries according to the law.
- Da Nang Plastic Joint Stock Company → is an independent legal entity, has its own seal, and is allowed to open bank accounts in accordance with the law.
- The General Director and Chief Accountant of Da Nang Plastic Company → are responsible for managing the business operations until they hand over to the Board of Directors.
🌐 本文件的社会影响
- Positive impact: Shareholding reform helps improve the operational efficiency of the enterprise and provides opportunities for employees to own shares.
- Negative impact: It may cause difficulties during the transition and management of the new enterprise.
❓ 常见问题
What is the Charter Capital of Da Nang Plastic Company?
The Charter Capital of Da Nang Plastic Company is 15,965,200,000 VND.
What is the value of the preferential shares that employees can purchase?
The total number of preferential shares for employees is 38,295 shares; the preferential value is 1,148,850,000 VND.
What industries does Da Nang Plastic Company operate in?
Da Nang Plastic Company operates in industries such as producing consumer goods from plastic, various packaging, rigid PVC compound pipes; direct import and export; wholesale and retail of products, raw materials, and additives for the plastic industry.
What are the legal characteristics of Da Nang Plastic Joint Stock Company?
Da Nang Plastic Joint Stock Company is a legal entity under Vietnamese law, implements an independent economic accounting system, has its own seal, and is allowed to open bank accounts in accordance with the law.
How are poor employees being favored?
The number of preferential shares sold to poor employees in the enterprise is 6,535 shares; valued at 457,450,000 VND.
全文
DECISION OF THE CHAIRMAN OF THE GOVERNMENT
Regarding the conversion of Da Nang Plastic Company into a Joint Stock Company
THE PRIME MINISTER
Pursuant to the Government Organization Law 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 Chairman of the People's Committee of Da Nang City,
DECISION:
Article 1. Approves the plan for the shareholding reform of the state-owned enterprise: Da Nang Plastic Company, as proposed in Circular No. 1611/TTUB dated July 12, 2000 of the Chairman of the People's Committee of Da Nang City, with the following contents:
1. Charter Capital: VND 15,965,200,000, including:
State Shareholding Ratio: 0% of Charter Capital.
Employee Shareholding Ratio within the Enterprise: 70% of Charter Capital.
Shareholding Ratio sold to entities outside the enterprise: 30% of Charter Capital.
2. The actual value of the enterprise at the time of January 1, 2000 for shareholding reform is VND 28,076,177,153, of which the actual value of the state capital portion in the enterprise is VND 15,965,213,309.
3. Preference for employees within the enterprise:
Total number of shares offered at a preferential price to employees: 38,295 shares; total value of the preferential amount: VND 1,148,850,000.
Of which, the number of preferential shares sold to poor employees within the enterprise to be paid gradually: 6,535 shares; value: VND 457,450,000.
Article 2.Convert Da Nang Plastic Company under the People's Committee of Da Nang City into a Joint Stock Company:
Full name in Vietnamese:
Da Nang Plastic Joint Stock Company;
International trade name: DANANG PLASTIC JOINT STOCK COMPANY;
Abbreviation: DANANG PLAST;
Head office: No. 371 Tran Cao Van Street, Thanh Khe District, Da Nang City.
Article 3. Da Nang Plastic Joint Stock Company engages in the following business activities:
Production of plastic consumer goods; various types of packaging; rigid PVC compound water pipes;
Direct import and export;
Wholesale and retail of products, materials, raw materials, and additives for the plastics industry;
Other business activities in accordance with the provisions of the law.
Article 4. Da Nang Plastic Joint Stock Company
Is a legal entity under Vietnamese law from the date of registration for business operations, implementing independent economic accounting, having its own seal, and being allowed to open bank accounts in accordance with the law. Operates according to the Articles of Association of the Joint Stock Company and the Law on Enterprises.
The General Director and Chief Accountant of Da Nang Plastic Company are responsible for managing the operation of the enterprise until the entire enterprise is handed over to the Board of Directors and General Director of Da Nang Plastic Joint Stock Company.
Article 5. This Decision takes effect from the date of signature. Abolishes previous Decisions that conflict with this Decision. The Chairman of the People's Committee of Da Nang City, the General Director of Da Nang Plastic Company, and the Board of Directors of Da Nang Plastic Joint Stock Company are responsible for implementing this Decision./.
VICE-PRESIDENT OF THE GOVERNMENT
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