Duc Long Gia Lai Public Works Service Development and Investment Joint Stock Company agreed to acquire 96.2% in Tay Nguyen Mineral and Metallurgy Joint Stock Company for approximately VND 120 billion.
The deal is subject to approval from State Securities Commission and shareholders of Duc Long Gia Lai Public Works Service Development. The deadline for receiving postal ballot is October 24, 2015. As on October 26, 2015, the Board of Directors of Duc Long Gia Lai Public Works Service Development and Investment Joint Stock Company approved the transaction. As on October 27, 2015, the shareholders of Duc Long Gia Lai Public Works Service Development and Investment Joint Stock Company approved the transaction.