The actual value of the State capital at the parent company - Vietnam Airports Corporation (ACV) at the time of conversion to a joint stock company on March 31, 2016 has just been finalized at VND 21,786.3 billion.
Officially closing the value of State capital at the parent company - ACV is 21,786 billion VND
The actual value of the State capital at the parent company - Vietnam Airports Corporation (ACV) at the time of conversion to a joint stock company on March 31, 2016 has just been finalized at VND 21,786.3 billion.
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| ACV is one of the few transportation corporations with positive business results after switching to operating under the joint stock company model. |
The Chairman of the State Capital Management Committee at Enterprises has just signed Decision No. 63/QD-UBNQLV on approving the financial settlement, proceeds from equitization, equitization costs, expenses for paying benefits to redundant employees, and the actual value of the State capital at the time the parent company - ACV officially transformed into a joint stock company.
The entire financial settlement value and actual value of the State capital of the parent company - ACV at the time of switching to operating under the joint stock company model have been updated in Inspection Conclusion No. 419/KL-TTCP dated November 13, 2024 on restructuring state-owned enterprises, conversion of land use purposes from production and business land of state-owned enterprises, equitized enterprises to land business, housing construction in the period 2011-2021 at the Ministry of Transport (MOT).
Accordingly, the State Capital Management Committee at Enterprises approved the Financial Statement of the Parent Company - ACV for the accounting period on March 31, 2016 with total assets of VND 45,630 billion, a decrease of VND 520 billion compared to the figures transferred to the joint stock company at March 31, 2016.
The State Capital Management Committee at Enterprises also approved the actual value of the State capital and State shares held at the Parent Company - ACV after converting into a joint stock company, in which the actual value of the State capital at the time of conversion into a joint stock company on March 31, 2016 was VND 21,786,335 billion.
ACV's charter capital is VND 21,771,732 billion, equivalent to 2,177,173,236 shares (at par value of VND 10,000/share), of which State shareholders hold 2,076,943,011 shares, accounting for 95.4% of charter capital; other shareholders hold 100,230,225 shares, accounting for 4.6% of charter capital.
The representative of the State capital owner also approved the settlement of proceeds from equitization, equitization costs, and expenses for paying benefits to redundant employees, of which proceeds from equitization were VND 1,344.374 billion; proceeds from selling shares were VND 1,036.475 billion; the amount to be paid to the Enterprise Arrangement and Development Support Fund was VND 307.898 billion; the amount paid to the Enterprise Arrangement and Development Support Fund was VND 1,296.003 billion; the excess from proceeds from selling shares was VND 988.105 billion (offset in the settlement of the difference in the capital portion to be paid to the Enterprise Arrangement and Development Support Fund); equitization costs were VND 19.57 billion.
Regarding the tax settlement report and amounts payable to the State Budget, the State Capital Management Committee at Enterprises said that ACV had been inspected by the Ho Chi Minh City Tax Department for compliance with tax laws, financial handling and other related issues to determine ACV's tax obligations up to the time of conversion from a State-owned enterprise to a joint stock company, and to inspect the remediation of tax consequences for audit results and inspection results of inspection teams.
ACV has fully performed its budget obligations according to the Decision and Tax Inspection Minutes of the Inspection Team.
The Chairman of the State Capital Management Committee at Enterprises assigned the representative of the State capital portion at ACV to coordinate with the ACV Board of Directors to direct ACV to base on the approved Financial Report; the actual value of the State capital portion at the enterprise is determined and the charter capital, the State-held shares; the proceeds from equitization approved in this decision to prepare the handover dossier and organize the handover between the State enterprise and the joint stock company, and to make information disclosure according to regulations. "The representative of the State capital portion at ACV coordinates with the ACV Board of Directors to direct ACV to submit to the Ministry of Finance for consideration and guidance on the excess payment from the Enterprise Arrangement and Development Support Fund according to regulations", Decision No. 63/QD - UBNQLV clearly stated.
ACV is currently managing, investing in, and exploiting a system of 22 airports nationwide, including 9 international airports: Tan Son Nhat, Noi Bai, Da Nang, Vinh, Cat Bi, Phu Bai, Cam Ranh, Phu Quoc, Can Tho and 13 domestic airports: Buon Ma Thuot, Lien Khuong, Rach Gia, Ca Mau, Con Dao, Phu Cat, Pleiku, Tuy Hoa, Chu Lai, Dong Hoi, Na San, Dien Bien and Tho Xuan; contributing capital to subsidiaries and joint ventures.
This unit is also investing in a series of large aviation infrastructure projects such as Component Project 3 - Long Thanh International Airport Phase 1, Tan Son Nhat T3 Terminal Project, Noi Bai T3 Terminal Project...
Source: https://baodautu.vn/chinh-thuc-chot-gia-tri-von-nha-nuoc-tai-cong-ty-me---acv-la-21786-ty-dong-d244627.html
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