Tokai Corporation agreed to acquire 45% stake in Mien Trung Gas Joint Stock Company and V-Gas Petroleum Corporation from Petro Center Corporation (HOSE:PMG) on July 6, 2020. Post completion, Petro Center Corporation will hold 51% stake in Mien Trung Gas Joint Stock Company and V-Gas Petroleum Corporation respectively. The impact of the acquisition on consolidated business results of Tokai Corporation for the fiscal year ending March 2021 will be minor. as OF jUNE 30, 2020, board of directors of Petro Center Corporation approved the deal.