Advanced Search

Decision 70/2001/qd-Ttg Dated: Transforming State Enterprises In Vietnam Sterilization Company Into A Joint Stock Company

Original Language Title: Quyết định 70/2001/QĐ-TTg: Về việc chuyển doanh nghiệp nhà nước Công ty Khử trùng Việt Nam thành Công ty cổ phần

Subscribe to a Global-Regulation Premium Membership Today!

Key Benefits:

Subscribe Now for only USD$40 per month.
The DECISION About the transfer of State-owned Vietnam sterilization company into a joint stock company _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ the PRIME MINISTER pursuant to the law on Government Organization, 30 September 1992;

Pursuant to Decree No. 44/1998/ND-CP dated 29 June 1998 by the Government on the transfer of State enterprises into joint-stock companies;

According to the recommendation of the Minister of agriculture and rural development at no. 754/BNN-TCCB on 22 March 2001, DECIDES: 1. Approval of State Enterprise equitization disinfection company Vietnam Ministry of agriculture and rural development as followed: 1. joint-stock company capital: 12 billion VND.

Of which:-State joint-stock rate: 20% of the Charter capital.

-The percentage of shares sold to employees in business: 60% of the capital.

-The proportion of shares sold to other subjects outside the enterprise: 20% of the Charter capital.

2. the actual value of the company at the time Vietnam sterilization on 1st January 2000 to holdings is 112,916,709,490, in that the actual value of the State stake in the 20,563,134,237 Business Council.

3. Delivery of the Ministry of agriculture and rural development in collaboration with the Ministry of finance the Prime process the remaining State stake in Vietnam after the fumigation company delivered enough capital for joint stock companies.

4. incentives for workers in the enterprise: the total number of shares sold by price incentives to workers in enterprises is 10,935 shares; preferential values part is 328,050,000.

5. use of funds sold shares to training-retrain workers in businesses and incentives for following business holdings made according to the current mode.

Article 2. Transfer of State enterprises the company disinfected Vietnam Ministry of agriculture and rural development into joint stock companies.

-Full name by South Vietnamese: disinfection Corporation Vietnam examiners.

-International transactions: international insPection fumigation joint stock company.

-Abbreviated name: vietnam fumigation company-VFC.

-Head Office: House number, street 29 ton Duc Thang, Ben Nghe Ward, District 1, Ho Chi Minh City.

Article 3. Disinfection Corporation Vietnam business examiner the following industries: manufacturing, processing plant protection drugs and disinfection materials.

-Provide disinfection services, destroy the harmful organisms of agricultural, forestry and other objects.

-Importing materials, chemicals serve plant protection quarantine and disinfection.

-Import and export goods inspection; maintenance of the buildings, hotels, restaurants.

Article 4. Antiseptic Vietnam Joint stock company:-is the legal personality under the law of Vietnam since being granted business registration, business registration licence, make economic accounting mode independently, seal, open an account at the Bank under the provisions of the law. Operating under the Charter of the company, business law.

-Director and Chief Accountant antiseptic Vietnam company is responsible for the business management, operating until the delivery of the entire company to the Board and Director evaluation sterilization Vietnam Joint stock.

Article 5. This decision has effect from the date of signing. Repealed the previous decision contrary to this decision. The Minister of agriculture and rural development, Vietnam sterilization company directors, the Board sterilized Corporation Vietnam Examiners is responsible for the implementation of this decision.