Can employees at public service units converted into joint stock companies be able to buy shares at preferential prices?
The policy on selling shares to employees in public service units converted into joint stock companies is stipulated in Clause 1 Article 37 Decree No. 150/2020/ND-CP as follows:
Policies for employees in transformed public service units
1. Policy on selling shares to employees at converted public service units:
a) Subjects purchasing shares at preferential prices include: Officials and employees working under labor contracts in public service units at the time of determining the value of the converted public service unit;
b) The subjects specified in Point a, Clause 1 of this Article are allowed to buy a maximum of 100 shares for each year they actually work in the public sector (including the entire time worked at units/organizations). in the public sector) with a selling price equal to 60% of the value of 01 share calculated at par value (10,000 VND/share);
c) The difference between the selling price for officials and employees compared to the par value of shares as prescribed in Clause 1 of this Article is deducted from the value of state capital when finalizing the public service unit. officially transformed into a joint stock company;
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Thus, according to regulations, employees working under labor contracts in public service units converted into joint stock companies can buy shares at preferential prices at the time of determining the value of the service unit. public conversion.