{"id":10230,"date":"2020-10-13T09:11:07","date_gmt":"2020-10-13T02:11:07","guid":{"rendered":"https:\/\/test.dimac-law.com\/?p=10230"},"modified":"2026-10-03T13:56:04","modified_gmt":"2026-10-03T06:56:04","slug":"hoan-doi-co-phan-va-cac-van-de-phap-ly-lien-quan","status":"publish","type":"post","link":"https:\/\/dimac-law.com\/vi\/hoan-doi-co-phan-va-cac-van-de-phap-ly-lien-quan\/","title":{"rendered":"Ho\u00e1n \u0111\u1ed5i c\u1ed5 ph\u1ea7n v\u00e0 c\u00e1c v\u1ea5n \u0111\u1ec1 ph\u00e1p l\u00fd li\u00ean quan"},"content":{"rendered":"

Hi\u1ec7n nay, thu\u1eadt ng\u1eef \u201cho\u00e1n \u0111\u1ed5i c\u1ed5 ph\u1ea7n\u201d \u0111\u01b0\u1ee3c s\u1eed d\u1ee5ng kh\u00e1 ph\u1ed5 bi\u1ebfn trong c\u00e1c giao d\u1ecbch M&A hi\u1ec7n nay. Nh\u00ecn chung, \u201cho\u00e1n \u0111\u1ed5i c\u1ed5 ph\u1ea7n\u201d l\u00e0 vi\u1ec7c s\u1eed d\u1ee5ng c\u1ed5 ph\u1ea7n \u0111\u1ec3 ho\u00e1n \u0111\u1ed5i gi\u1eefa c\u00e1c b\u00ean v\u1edbi nhau m\u00e0 kh\u00f4ng s\u1eed d\u1ee5ng ti\u1ec1n m\u1eb7t ho\u1eb7c c\u00f3 th\u1ec3 k\u1ebft h\u1ee3p v\u1edbi vi\u1ec7c s\u1eed d\u1ee5ng ti\u1ec1n m\u1eb7t t\u00f9y v\u00e0o th\u1ecfa thu\u1eadn c\u1ee7a c\u00e1c b\u00ean. Theo \u0111\u00f3, b\u00ean mua s\u1ebd tr\u1edf th\u00e0nh ch\u1ee7 s\u1edf h\u1eefu c\u1ee7a c\u00f4ng ty m\u1ee5c ti\u00eau, v\u00e0 b\u00ean b\u00e1n s\u1ebd tr\u1edf th\u00e0nh c\u1ed5 \u0111\u00f4ng c\u1ee7a b\u00ean mua.<\/p>\n

\"C\u00d4NG<\/p>\n

C\u00e1c v\u0103n b\u1ea3n ph\u00e1p lu\u1eadt hi\u1ec7n nay ch\u1ee7 y\u1ebfu \u0111i\u1ec1u ch\u1ec9nh giao d\u1ecbch \u201cho\u00e1n \u0111\u1ed5i c\u1ed5 ph\u1ea7n\u201d gi\u1eefa c\u00e1c c\u00f4ng ty \u0111\u1ea1i ch\u00fang v\u1edbi nhau<\/strong> bao g\u1ed3m Ngh\u1ecb \u0111\u1ecbnh 58\/2012\/N\u0110-CP, Th\u00f4ng t\u01b0 162\/2015\/TT-BTC v\u00e0 c\u00e1c v\u0103n b\u1ea3n h\u01b0\u1edbng d\u1eabn, s\u1eeda \u0111\u1ed5i, b\u1ed5 sung kh\u00e1c c\u00f3 li\u00ean quan m\u00e0 kh\u00f4ng c\u00f3 s\u1ef1 \u0111i\u1ec1u ch\u1ec9nh \u0111\u1ed1i v\u1edbi giao d\u1ecbch \u201cho\u00e1n \u0111\u1ed5i c\u1ed5 ph\u1ea7n\u201d gi\u1eefa c\u00e1c c\u00f4ng ty kh\u00f4ng ph\u1ea3i l\u00e0 c\u00f4ng ty \u0111\u1ea1i ch\u00fang.<\/p>\n

Nh\u00ecn chung, m\u1ee5c \u0111\u00edch c\u1ee7a giao d\u1ecbch \u201cho\u00e1n \u0111\u1ed5i c\u1ed5 ph\u1ea7n\u201d gi\u1eefa c\u00e1c c\u00f4ng ty \u0111\u1ea1i ch\u00fang v\u1edbi nhau ch\u1ee7 y\u1ebfu nh\u1eb1m v\u00e0o c\u00e1c m\u1ee5c \u0111\u00edch t\u0103ng t\u1ef7 l\u1ec7 s\u1edf h\u1eefu c\u1ee7a t\u1ed5 ch\u1ee9c ph\u00e1t h\u00e0nh t\u1ea1i c\u00f4ng ty \u0111\u1ea1i ch\u00fang kh\u00e1c c\u0169ng nh\u01b0 ph\u1ee5c v\u1ee5 m\u1ee5c \u0111\u00edch s\u00e1p nh\u1eadp gi\u1eefa t\u1ed5 ch\u1ee9c ph\u00e1t h\u00e0nh v\u00e0 c\u00f4ng ty \u0111\u1ea1i ch\u00fang kh\u00e1c.<\/p>\n

\u1ede Vi\u1ec7t Nam \u0111\u00e3 c\u00f3 nhi\u1ec1u tr\u01b0\u1eddng h\u1ee3p c\u00f4ng ty \u0111\u1ea1i ch\u00fang th\u1ef1c hi\u1ec7n ho\u00e1n \u0111\u1ed5i c\u1ed5 ph\u1ea7n d\u1eabn t\u1edbi s\u00e1p nh\u1eadp doanh nghi\u1ec7p. G\u1ea7n \u0111\u00e2y nh\u1ea5t, C\u00f4ng ty c\u1ed5 ph\u1ea7n T\u1eadp \u0111o\u00e0n KIDO (M\u00e3 ch\u1ee9ng kho\u00e1n KDC)<\/em> \u0111\u00e3 tr\u00ecnh \u0110H\u0110C\u0110 ph\u01b0\u01a1ng \u00e1n ph\u00e1t h\u00e0nh c\u1ed5 ph\u1ea7n \u0111\u1ec3 ho\u00e1n \u0111\u1ed5i to\u00e0n b\u1ed9 c\u1ed5 ph\u1ea7n \u0111ang l\u01b0u h\u00e0nh c\u1ee7a CTCP Th\u1ef1c ph\u1ea9m \u0111\u00f4ng l\u1ea1nh KIDO (M\u00e3 ch\u1ee9ng kho\u00e1n KDF)<\/em> theo H\u1ee3p \u0111\u1ed3ng s\u00e1p nh\u1eadp. Theo \u0111\u00f3, Hi\u1ec7n t\u1ea1i KDC \u0111ang s\u1edf h\u1eefu 36.400.000 c\u1ed5 ph\u1ea7n c\u1ee7a KDF. \u0110\u1ec3 mua l\u1ea1i to\u00e0n b\u1ed9 c\u1ed5 ph\u1ea7n c\u1ee7a KDF, KDC c\u1ea7n ph\u00e1t h\u00e0nh th\u00eam 23.088.000 c\u1ed5 ph\u1ea7n \u0111\u1ec3 \u0111\u1ed5i l\u1ea5y 17.760.000 do c\u00e1c c\u1ed5 \u0111\u00f4ng c\u00f2n l\u1ea1i c\u1ee7a KDF \u0111ang s\u1edf h\u1eefu. T\u1ef7 l\u1ec7 ho\u00e1n \u0111\u1ed5i l\u00e0 1:1,3 (c\u1ed5 \u0111\u00f4ng s\u1edf h\u1eefu 1 c\u1ed5 phi\u1ebfu KDF s\u1ebd \u0111\u1ed5i l\u1ea5y 1,3 c\u1ed5 phi\u1ebfu KDC) [1]<\/p>\n

H\u1ec7 qu\u1ea3 ph\u00e1p l\u00fd sau khi ho\u00e0n t\u1ea5t ho\u00e1n \u0111\u1ed5i c\u1ed5 ph\u1ea7n gi\u1eefa KDC v\u00e0 KDF nh\u01b0 sau:<\/p>\n

– T\u1ea5t c\u1ea3 c\u00e1c c\u1ed5 \u0111\u00f4ng KDF s\u1ebd tr\u1edf th\u00e0nh c\u1ed5 \u0111\u00f4ng c\u1ee7a KDC v\u00e0 KDC s\u1edf h\u1eefu 100% v\u1ed1n \u0111i\u1ec1u l\u1ec7 c\u1ee7a KDF;<\/p>\n

– V\u1ed1n \u0111i\u1ec1u l\u1ec7 c\u1ee7a KDC s\u1ebd t\u0103ng th\u00eam m\u1ed9t kho\u1ea3n t\u01b0\u01a1ng \u1ee9ng v\u1edbi gi\u00e1 tr\u1ecb c\u1ee7a t\u1ed5ng s\u1ed1 c\u1ed5 ph\u1ea7n th\u1ef1c t\u1ebf m\u00e0 KDC \u0111\u00e3 ph\u00e1t h\u00e0nh th\u00eam; v\u00e0<\/p>\n

– KDF s\u1ebd \u0111\u01b0\u1ee3c chuy\u1ec3n \u0111\u1ed5i lo\u1ea1i h\u00ecnh doanh nghi\u1ec7p t\u1eeb C\u00f4ng ty c\u1ed5 ph\u1ea7n sang C\u00f4ng ty Tr\u00e1ch nhi\u1ec7m h\u1eefu h\u1ea1n M\u1ed9t th\u00e0nh vi\u00ean do KDC s\u1edf h\u1eefu 100% v\u1ed1n \u0111i\u1ec1u l\u1ec7.<\/p>\n

Nh\u01b0 v\u1eady, th\u1ef1c t\u1ebf hi\u1ec7n nay ch\u01b0a c\u00f3 khung ph\u00e1p l\u00fd \u0111i\u1ec1u ch\u1ec9nh v\u1ec1 vi\u1ec7c \u201cho\u00e1n \u0111\u1ed5i c\u1ed5 ph\u1ea7n\u201d gi\u1eefa c\u00e1c c\u00f4ng ty kh\u00f4ng ph\u1ea3i c\u00f4ng ty \u0111\u1ea1i ch\u00fang<\/strong>. Do \u0111\u00f3, trong tr\u01b0\u1eddng h\u1ee3p c\u00e1c c\u00f4ng ty kh\u00f4ng ph\u1ea3i l\u00e0 c\u00f4ng ty \u0111\u1ea1i ch\u00fang n\u1ebfu mu\u1ed1n th\u1ef1c hi\u1ec7n giao d\u1ecbch \u201cho\u00e1n \u0111\u1ed5i c\u1ed5 ph\u1ea9n\u201d v\u1edbi nhau ho\u1eb7c v\u1edbi c\u1ed5 \u0111\u00f4ng n\u01b0\u1edbc ngo\u00e0i th\u00ec c\u1ea7n xin \u00fd ki\u1ebfn ch\u00ednh th\u1ee9c t\u1eeb c\u01a1 quan c\u00f3 th\u1ea9m quy\u1ec1n h\u01b0\u1edbng d\u1eabn quy \u0111\u1ecbnh v\u1ec1 vi\u1ec7c kh\u00f4ng d\u00f9ng ti\u1ec1n m\u1eb7t trong c\u00e1c giao d\u1ecbch ho\u00e1n \u0111\u1ed5i c\u1ed5 ph\u1ea7n \u0111\u1ec3 tr\u00e1nh kh\u00f4ng vi ph\u1ea1m c\u00e1c quy \u0111\u1ecbnh v\u1ec1 vi\u1ec7c kh\u00f4ng s\u1eed d\u1ee5ng ti\u1ec1n m\u1eb7t trong giao d\u1ecbch li\u00ean quan theo quy \u0111\u1ecbnh ph\u00e1p lu\u1eadt [2]<\/p>\n

Tr\u00ean \u0111\u00e2y l\u00e0 t\u01b0 v\u1ea5n c\u1ee7a ch\u00fang t\u00f4i v\u1ec1 Ho\u00e1n \u0111\u1ed5i c\u1ed5 ph\u1ea7n v\u00e0 v\u1ea5n \u0111\u1ec1 ph\u00e1p l\u00fd li\u00ean quan. V\u1edbi \u0111\u1ed9i ng\u0169 lu\u1eadt s\u01b0 nhi\u1ec1u n\u0103m kinh nghi\u1ec7m trong l\u0129nh v\u1ef1c \u0111\u1ea7u t\u01b0, ch\u00fang t\u00f4i lu\u00f4n s\u1eb5n s\u00e0ng cung c\u1ea5p c\u00e1c gi\u1ea3i ph\u00e1p t\u1ed1i \u01b0u v\u1ec1 hi\u1ec7u qu\u1ea3, chi ph\u00ed v\u00e0 t\u1ed1i gi\u1ea3n v\u1ec1 th\u1ee7 t\u1ee5c ph\u00e1p l\u00fd cho qu\u00fd kh\u00e1ch h\u00e0ng. H\u00e3y truy c\u1eadp Website <\/a>DIMAC <\/a>v\u00e0 C\u00e1c chuy\u00ean m\u1ee5c tin t\u1ee9c kh\u00e1c c\u1ee7a ch\u00fang t\u00f4i \u0111\u1ec3 \u0111\u01b0\u1ee3c c\u1eadp nh\u1eadt s\u1edbm nh\u1ea5t c\u00e1c th\u00f4ng tin t\u01b0 v\u1ea5n v\u00e0 chia s\u1ebb kinh nghi\u1ec7m ph\u00e1p l\u00fd v\u1ec1 th\u1ecb tr\u01b0\u1eddng.<\/p>\n

[1] Tham kh\u1ea3o Ph\u01b0\u01a1ng \u00e1n s\u00e1p nh\u1eadp CTCP Th\u1ef1c ph\u1ea9m \u0111\u00f4ng l\u1ea1nh KIDO v\u00e0o C\u00f4ng ty c\u1ed5 ph\u1ea7n T\u1eadp \u0111o\u00e0n KIDO c\u1ee7a H\u1ed9i \u0111\u1ed3ng qu\u1ea3n tr\u1ecb C\u00f4ng ty c\u1ed5 ph\u1ea7n T\u1eadp \u0111o\u00e0n KIDO tr\u00ecnh \u0110\u1ea1i h\u1ed9i \u0111\u1ed3ng c\u1ed5 \u0111\u00f4ng n\u0103m 2020.<\/em><\/p>\n

[2] Ngh\u1ecb \u0111\u1ecbnh 222\/2013\/N\u0110-CP<\/em><\/a> v\u1ec1 thanh to\u00e1n b\u1eb1ng ti\u1ec1n m\u1eb7t<\/em>, Th\u00f4ng t\u01b0 09\/2015\/TT-BTC <\/em>h\u01b0\u1edbng d\u1eabn giao d\u1ecbch t\u00e0i ch\u00ednh c\u1ee7a doanh nghi\u1ec7p theo quy \u0111\u1ecbnh t\u1ea1i <\/em>\u0110<\/em>i\u1ec1u 6 <\/em>N<\/em>gh\u1ecb \u0111\u1ecbnh s\u1ed1 222\/2013\/N\u0110-CP ng\u00e0y 31\/12\/2013 c\u1ee7a Ch\u00ednh ph\u1ee7 v\u1ec1 thanh to\u00e1n b\u1eb1ng ti\u1ec1n m\u1eb7t.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Hi\u1ec7n nay, thu\u1eadt ng\u1eef \u201cho\u00e1n \u0111\u1ed5i c\u1ed5 ph\u1ea7n\u201d \u0111\u01b0\u1ee3c s\u1eed d\u1ee5ng kh\u00e1 ph\u1ed5 bi\u1ebfn trong c\u00e1c giao d\u1ecbch M&A hi\u1ec7n nay. Nh\u00ecn chung, \u201cho\u00e1n \u0111\u1ed5i c\u1ed5 ph\u1ea7n\u201d l\u00e0 vi\u1ec7c s\u1eed d\u1ee5ng c\u1ed5 ph\u1ea7n \u0111\u1ec3 ho\u00e1n \u0111\u1ed5i gi\u1eefa c\u00e1c b\u00ean v\u1edbi nhau m\u00e0 kh\u00f4ng s\u1eed d\u1ee5ng ti\u1ec1n m\u1eb7t ho\u1eb7c c\u00f3 th\u1ec3 k\u1ebft h\u1ee3p v\u1edbi vi\u1ec7c s\u1eed […]<\/p>\n","protected":false},"author":16,"featured_media":10264,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[71],"tags":[],"class_list":["post-10230","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cap-nhat-phap-ly"],"acf":[],"_links":{"self":[{"href":"https:\/\/dimac-law.com\/vi\/wp-json\/wp\/v2\/posts\/10230","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dimac-law.com\/vi\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dimac-law.com\/vi\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dimac-law.com\/vi\/wp-json\/wp\/v2\/users\/16"}],"replies":[{"embeddable":true,"href":"https:\/\/dimac-law.com\/vi\/wp-json\/wp\/v2\/comments?post=10230"}],"version-history":[{"count":2,"href":"https:\/\/dimac-law.com\/vi\/wp-json\/wp\/v2\/posts\/10230\/revisions"}],"predecessor-version":[{"id":10268,"href":"https:\/\/dimac-law.com\/vi\/wp-json\/wp\/v2\/posts\/10230\/revisions\/10268"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dimac-law.com\/vi\/wp-json\/wp\/v2\/media\/10264"}],"wp:attachment":[{"href":"https:\/\/dimac-law.com\/vi\/wp-json\/wp\/v2\/media?parent=10230"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dimac-law.com\/vi\/wp-json\/wp\/v2\/categories?post=10230"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dimac-law.com\/vi\/wp-json\/wp\/v2\/tags?post=10230"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}