Pha Le Plastics Manufacturing and Technology Joint Stock Company (HOSE:PLP) agreed to acquire 20% stake in Minh Cam Mineral Joint Stock Company for VND 50 billion on December 25, 2019. As part of transaction, Pha Le Plastics Manufacturing and Technology will acquire 0.78 million shares of Minh Cam Mineral Joint Stock Company. Minh Cam Mineral Joint Stock Company will become associated company of Pha Le Plastics Manufacturing and Technology Joint Stock Company. The transaction was approved by Pha Le Plastics Manufacturing and Technology's Board of Directors.