| THE MINISTRY OF FINANCE -------- | SOCIALIST REPUBLIC OF VIET NAM Independence - Freedom - Happiness ---------- |
| No. 86/2003/TT-BTC | Hanoi, September 11, 2003 |
CIRCULAR
PROVIDING GUIDELINES ON SAMPLE OF SHARE CERTIFICATE AND REGISTER OF SHAREHOLDERS IN SHAREHOLDING COMPANIES
To implement the Law on Enterprises and Decree 64/2002/ND-CP dated 19 June 2002 on Conversion of State Owned Enterprises into Shareholding Companies; the Ministry of Finance hereby provides the following guidelines on sample of share certificate in shareholding companies:
I. GENERAL PROVISIONS
1. Shareholding companies operating in accordance with the Law on Enterprises, including shareholding companies converted from State owned enterprises and new established shareholding companies shall be subject to this Circular.
2. Share certificates of a shareholding company are certificates issued by the shareholding company or book entries certifying the ownership of one or more shares held by shareholders contributing capital to the company.
3. The face value of a share certificate is the nominal value of shares stated in the share certificate. The value of each share stated in the share certificate shall be determined in accordance with the laws on shareholding companies, the company's charter and State regulations applicable to shareholding companies participating in the securities market. The value of one share of shareholding companies which have been converted from State owned enterprises and have not been listed in the securities market shall be provided for to be the nation-wire uniform value of one hundred thousand (100,000) dong.
