Nam Long Investment Corporation (HOSE:NLG) agreed to acquire remaining 30% stake in Dong Nai Waterfront City LLC from Keppel Land Limited for VND 2 billion on December 1, 2020. Under the terms, consideration will be paid in two tranches. The divestment is expected to be completed in the first half of 2021, conditional upon certain conditions precedent being fulfilled, including but not limited to, the issuance of a new Enterprise Registration Certificate by the relevant Vietnamese authorities. Nam Long Investment Corporation (HOSE:NLG) completed the acquisition of 30% stake in Dong Nai Waterfront City LLC from Keppel Land Limited on March 1, 2021. Enterprise Registration Certification was issued by the Department of Planning and Investment of Dong Nai Province to record Nam Long as a capital contributing member.