26/12/2011 | 2719 Lượt xem |

THE MINISTRY OF FINANCE
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THE SOCIALIST REPUBLIC OF VIETNAM
Independence– Freedom – Happiness
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No. 196/2011/TT-BTC

Hanoi, December 26, 2011

 

CIRCULAR

GUIDING THE INITIAL SALE OF SHARES AND THE MANAGEMENT AND USE OF PROCEEDS FROM THE EQUITIZATION OF ENTERPRISES WITH 100% STATE CAPITAL INTO JOINT-STOCK COMPANIES

Pursuant to November 29, 2005 Enterprise Law No. 60/2005/QH11; Pursuant to the Government’s Decree No. 118/2008/ND-CP of November 27, 2008, defining the functions, tasks, powers and organizational structure of the Ministry of Finance;

Pursuant to the Government’s Decree No. 59/2011/ND-CP of July 18, 2011, on transformation of enterprises with 100% state capital into joint- stock companies;

The Ministry of Finance guides the initial sale of shares and the management and use of proceeds from the equitization of enterprises with 100% state capital into joint-stock companies as follows:

Chapter I

GENERAL PROVISIONS

Article 1. Scope and subjects of regulation

This Circular guides the order, procedures and methods of initial sale of shares and the management and use of proceeds from the equitization of entities specified in Article 2 of Decree No. 59/2011/ND-CP (below referred to as equitized enterprises).




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Tags: 196/2011/TT-BTC, THONG TU 196