"Ending" the equitization and divestment of State-owned enterprises

12/03/2021

GSO-Permanent Deputy Prime Minister Truong Hoa Binh asked the Ministry of Finance, the Ministry of Natural Resources and Environment to urgently direct the contents of promoting the equitization of state-owned enterprises and the divestment of state capital in enterprises. as the roadmap has been approved.

Ensure the implementation of Decree No. 140/2020 / ND on schedule, without arising problems, speed up the establishment of state-owned enterprises and divest state capital in enterprises according to the approved roadmap. through the Prime Minister. Permanent Deputy Prime Minister Truong Hoa Binh requested:

The Ministry of Finance and the Ministry of Natural Resources and Environment shall guide the corresponding contents in Clause 15, Article 2 (guidance on brand valuation, including historical and cultural value in the starting price for capital transfer. ) and in Clause 15 Article 1 (detailing content of land use plan upon equitization) of Decree 140 urgently; report to the Prime Minister on the results of implementation in January 2021.

Deputy Prime Minister asked to accelerate the equitization of state-owned enterprises and divestment of state capital in enterprises in accordance with the roadmap.

The Ministry of Finance reviews all other contents (if any) that need to guide the implementation according to the provisions of Decree 140 to urge and supervise relevant ministries and agencies assigned tasks in Decree 140 Express. to quickly guide the implementation of the Decree according to regulations.

Some time ago, on November 30, 2020, the Government issued Decree 140/2020 / ND-CP amending and supplementing a number of articles of Decree No. 126/2017 / ND-CP dated November 16. / 20 of the Government on the transformation of State enterprises and one-member limited liability companies with 100% charter capital invested by State enterprises into joint-stock companies; Decree No. 91/2015 / ND-CP dated October 13, 2015 of the Government on investment of state capital in enterprises and management and use of capital and assets in enterprises and Decree No. 32/2018 / ND -CP March 8, year. In 2018, the Government amends and supplements a number of articles of the Decree No. 91/2015 / ND-CP.

Source: Huyen Chau - Corporate Finance

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