Hung Vuong-Mien Tay Aquaculture JSC agreed to acquire 90% stake in An Lac Co Ltd from Hung Vuong Corporation (HOSE:HVG) for VND 37.8 billion in cash on January 11, 2013. Simultaneously, Hung Vuong Corporation reduced holdings in Hung Vuong Vinh Long Co Ltd from 90% to 31.7%, earning VND 35 billion and decreased its stakes in Hung Vuong Sa Dec Food Processing Plant from 70% to 11.7%, fetching another VND 35 billion. The Board of Hung Vuong approved the sale on January 11, 2013.