Ho Duc Production Trading and Service Co., Ltd. agreed to acquire 6% stake in Song Dung Logistics Joint Stock Company from Rang Dong Plastic Joint-Stock Company (HOSE:RDP) on February 4, 2020. As per terms of transaction, Ho Duc Production Trading and Service Co., Ltd. will acquire 83700 shares of Song Dung Logistics Joint Stock Company representing 6% stake. Upon completion, Rang Dong Plastic Joint-Stock Company will hold 0.6 million shares in Song Dung Logistics Joint Stock Company representing 45% stake. Board of Directors of Rang Dong Plastic Joint-Stock Company has approved the acquisition.