Song Da No 2 JSC (HASTC:SD2) agreed to acquire remaining 48.96% stake in Song Da Transportation Construction JSC (HASTC:SKS) for VND 23.8 billion for April 8, 2014. As of May 8, 2014, Song Da No 2 JSC (HASTC:SD2) entered into a merger contract to acquire remaining 48.96% stake in Song Da Transportation Construction JSC (HASTC:SKS). Under the terms of agreement, Song Da No 2 will issue 2.42363 million new shares for remaining shares of Song Da Transportation at the ratio of 1.1 share of Song Da Transportation for every one share of Song Da No 2. On completion Song Da Transportation Construction will be delisted and will be wholly owned subsidiary of Song Da No 2. The contract takes effect immediately after it has been signed by the two parties.

The Board Of Directors of Song Da No 2 JSC and Song Da Transportation Construction JSC approved the draft of the merger contract. The general meeting of shareholders of Song Da No 2 JSC and Song Da Transportation Construction JSC agree to merge SKS into SD2. After the completion of merging, SD2 will reorganize from the form of Joint Stock Company into the form of One Member Limited Company – 100% of charter capital owned by SD2. Kim Long Securities Joint Stock Company carries out the merging procedures in accordance with Enterprise Law, Stock Act and relevant legal documents.

Song Da No 2 JSC (HASTC:SD2) completed the acquisition of remaining 48.96% stake in Song Da Transportation Construction JSC (HASTC:SKS) on December 4, 2014. Song Da No. 2 JSC. issued 2.42 million new shares to exchange with shares of Song Da Transportation Construction JSC.