| THE PRIME MINISTER OF GOVERNMENT ------- | SOCIALIST REPUBLIC OF VIET NAM Independence - Freedom - Happiness ---------- |
| No.196/2006/QD-TTg | Hanoi, August 29, 2006 |
DECISION
APPROVING THE SCHEME ON TRANSFORMING THE VIETNAM CEMENT CORPORATION INTO ONE OPERATING AFTER THE PARENT - SUBSIDIARY COMPANY MODEL
THE PRIME MINISTER
Pursuant to the Law on Organization of the Government dated December 25, 2001;
Pursuant to Law on State Enterprises dated November 26, 2003;
Pursuant to Law on Enterprises dated November 29, 2005;
Pursuant to Decree No. 153/2004/ND-CP dated August 9, 2004 of the Government on the organization and management of the State corporations and the transformation of the State corporations and independent State companies into ones operating after the parent - subsidiary company model;
At the proposal of the Management Board of the Vietnam Cement Corporation,
DECIDES:
To approve the Scheme on transforming the Vietnam Cement Corporation into one operating after the parent - subsidiary company model as follows:
1. The parent company - Vietnam Cement Corporation:
The parent company - Vietnam Cement Corporation shall be a State-owned company with its legal status and owned seal, the Charter on organization and operation; be allowed to open its account at
The parent company shall be formed on the basis of reorganizing the Office of the Vietnam Cement Corporation and Hoang Thach Cement Company. The parent company shall have responsibility to inherit the legitimate rights and obligations of the Vietnam Cement Corporation according to law provisions.
The management apparatus of the parent company includes: a Management Board, an Inspectorate, a General Director, deputy general directors, a chief accountant and an assistant apparatus.
2. Subsidiary companies include:
a) Companies equitized in 2006-2010 and companies where the parent company holds dominant shares: 10 companies:
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