Decision No. 90/2004/QD-BCN of the Ministry of Industry on the conversion of Tan Tien Plastic Packaging Company to a joint stock company, stipulating the charter capital structure, actual value of the company, benefits for employees, and business conditions.
要点
- Tan Tien Plastic Packaging Company is converted into a joint stock company with a charter capital of 95,500,000,000 VND, of which the State holds 63.75%, and internal employees hold 36.25%.
- The actual value of the company at the time of shareholding reform is 273,521,218,416 VND, with the State's capital value being 95,556,130,737 VND.
- Benefits for employees in Tan Tien Plastic Packaging Company include 62,070 shares with a total benefit value of 1,862,100,000 VND.
- The company engages in businesses such as producing and supplying high-quality packaging materials, importing and exporting raw materials, spare parts, printing molds serving production, and other businesses in accordance with the law.
- Tan Tien Plastic Packaging Joint Stock Company operates independently according to the Company Charter and the Enterprise Law.
🌐 本文件的社会影响
- Positive impact: Shareholding reform will help improve management efficiency and enhance competitiveness in the market.
- Negative impact: Employees may face difficulties in holding and utilizing preferential shares.
❓ 常见问题
What is the charter capital of Tan Tien Plastic Packaging Joint Stock Company?
The charter capital of the joint stock company is 95,500,000,000 VND.
What is the percentage of shares held by the State in the company?
The State holds 63.75% of the shares of Tan Tien Plastic Packaging Joint Stock Company.
How are internal employees benefited?
Internal employees are granted the purchase of 62,070 shares with a total preferential value of 1,862,100,000 VND.
What industries does the company operate in?
The company operates in the production and supply of high-quality packaging materials, import and export of raw materials, spare parts, printing molds serving production, and other industries in accordance with the law.
When does this decision take effect?
This decision takes effect fifteen days after its publication in the Official Gazette.
全文
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MINISTRY OF INDUSTRY |
SOCIALIST REPUBLIC OF VIETNAM |
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Number: 90/2004/QĐ-BCN |
Hanoi, September 13, 2004 |
Pursuant to …;
Regarding the transformation of Tan Tien Plastic Packaging Company into Tan Tien Plastic Packaging Joint Stock Company shares of Tan Tien Plastic Packaging 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 Tan Tien Plastic Packaging Company (document number 139/2004 dated August 19, 2004), the plan for the conversion of Tan Tien Plastic Packaging Company into a joint stock company, and the appraisal report of the Enterprise Reform and Development Board on August 19, 2004;
At the proposal of the Enterprise Reform and Development Board and the Director of the Personnel and Organization Department,
DECISION:
Article 1. Approving the plan for the conversion of Tan Tien Plastic Packaging Company (a subsidiary under the Ministry of Industry) including the following main points:
1. Capital structure:
The charter capital of the joint stock company is 95,500,000,000 VND (ninety-five billion five hundred million VND). Of which:
- State shareholding ratio: 63.75%;
- Shareholding ratio sold to employees within the company: 36.25%.
The value of one share: 100,000 VND.
2. The actual value of Tan Tien Plastic Packaging Company at the time of March 31, 2004 for the purpose of conversion (Decision No. 1981/QD-TCKT dated July 28, 2004 of the Ministry of Industry) is 273,521,218,416 VND. Among this, the actual value of the state capital in the company is 95,556,130,737 VND.
3. Preferential treatment for employees of the Company.
The total number of preferential shares sold to 685 employees within the company is 62,070 shares with a preferential value of 1,862,100,000 VND.
As for the costs of conversion, retraining of employees, and resolution of surplus labor, the company shall process the necessary procedures, report to the Ministry of Industry and relevant state authorities for approval according to current regulations.
Article 2. Transforming Tan Tien Plastic Packaging Company into Tan Tien Plastic Packaging Joint Stock Company,
- International trade name: TAN TIEN PLASTIC PACKAGING JOINT STOCK COMPANY;
- Abbreviation: TAPACK;
- Head office address: No. 117/2 Ly Bai Bich Street, Tan Thoi Hoa Ward, Tan Phu District, Ho Chi Minh City.
Article 3. The joint stock company engages in the following business activities:
- Producing and supplying high-quality packaging products;
- Importing and exporting materials, raw materials, spare parts, printing molds serving production;
- Engaging in other businesses in accordance with the provisions of the law.
Article 4. Tan Tien Plastic Packaging Joint Stock Company is a legal entity under Vietnamese law from the date of registration for business operations, independently accounting for economic activities, using its own seal, opening bank accounts according to legal provisions, operating in accordance with the Company's Charter and the Law on Enterprises.
Article 5. Tan Tien Plastic Packaging Company shall organize the sale of shares and convene the first General Meeting of Shareholders of Tan Tien Plastic Packaging Joint Stock Company in accordance with current regulations.
The Director and Chief Accountant of Tan Tien Plastic Packaging Company are responsible for managing the company's affairs until the transfer of all capital, assets, employees, 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, Department Heads, Bureau Chiefs under the Ministry, the Director of Tan Tien Plastic Packaging Company, and the Chairman of the Board of Directors and General Manager of Tan Tien Plastic Packaging Joint Stock Company are responsible for implementing this Decision./.
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Place of Receipt: |
DEPUTY MINISTER OF INDUSTRY |
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