An unknown buyer agreed to acquire an unknown percent stake in Thac Xang Hydropower Joint Stock Co. from Vietnam Mechanization Electrification & Construction Joint Stock Company (HOSE:MCG) on January 28, 2019. Under the terms of transaction, the buyer will acquire 1.7 million shares. Upon completion, Vietnam Mechanization Electrification & Construction Joint Stock Company will not hold any stake in Thac Xang Hydropower Joint Stock Co. The transaction is approved by the Board of Vietnam Mechanization Electrification & Construction Joint Stock Company.