Prime Minister has announced the number 378 / TTg-DMDN dated March 2, 2010 agreed with the proposal of the Hanoi People's Committee on the conversion of one member state investment and development of agriculture. Hanoi (HADICO) to organization, management in the form of parent company-subsidiary.
Accordingly, the Prime Minister assigned the Hanoi People's Committee to direct this transformation in accordance with the current regulations and directing opinions of the Prime Minister in Official Dispatch No. 80 / TTg-DMDN dated 14 January 2010 on Merger, transformation of the management model of enterprises with 100% state capital.
Previously, on February 12, 2010, the Hanoi People's Committee issued a document No. 15 / TTr-UBND to the Prime Minister to report additionally on the change of management structure following the model of holding company For HADICO. The city also directed the equitization of five units under HADICO (of which the state capital accounted for over 51%), including:
Hanoi Seed Company (formed on the basis of the merger and reorganization of Yen Khe, Thuong Tin Seed Joint Stock Company and Ha Tay Plant Variety Enterprise with chartered capital of VND11.8 billion);
Phuc Tho Livestock and Foodstuff Processing Company (formed on the basis of Phuc Tho poultry and cattle slaughtering project, chartered capital of VND 150 billion);
Thuong Tin Poultry Business Company (formed from Thuong Tin Poultry and Slaughter Project, chartered capital of VND 150 billion);
The cattle and poultry breeding company (formed on the basis of a pet breed enterprise with a chartered capital of VND10 billion).
After the project has been approved, the City People's Committee will review, adjust rearrangement of some businesses transfer to HADICO, specifically:
Ha Thuy Joint Stock Company, charter capital of 4 billion;
State-owned one-member limited liability company with state capital of VND61 billion.
After the transformation of the holding company into a parent-subsidiary model, HADICO retains the parent company name:
Hanoi Agricultural Investment and Development One Member Limited Liability Company
(Headquarter at 136 Ho Tung Mau - Tu Liem, charter capital is expected at 197 billion).
In addition to Center for Research, Application and Transfer of Agriculture and Forestry Science and Technology, HADICO has 22 subsidiaries and 2 associates: Poultry and Cattle Joint Stock Company Linh Dam Service and Trading section. However, up to now, HADICO has just launched the merger of 7/15 units under the direction of the People's Committee in Document No. 4073 / UBND-NN dated 15/12/2008 on the merger of enterprises , Non-productive units of the agricultural sector make the arrangement and innovation of the enterprise.
By: Baomoi.com
