Duc Long Gia Lai Group JSC (HOSE:DLG) agreed to acquire a 93.35% stake in Duc Long Gia Lai Power Investment & Development JSC for approximately VND 230 billion on August 20, 2020. As part of the transaction, Duc Long Gia Lai Group JSC will acquire 11,435,000 shares at a price of VND 20,000 per share in Duc Long Gia Lai Power Investment & Development JSC. Board of directors of Duc Long Gia Lai Group JSC approved the transaction. The time of implementation of the transaction is third quarter of 2020.