Pha Le Plastics Manufacturing and Technology Joint Stock Company (HOSE:PLP) agreed to acquire Tan Viet An Tourism and Trading for approximately VND 140 billion on December 25, 2019. As part of transaction, Pha Le Plastics Manufacturing and Technology will acquire 6.6 million shares of Tan Viet An Tourism and Trading. In related transaction, Pha Le Plastics Manufacturing and Technology Joint Stock Company agreed to acquire 20% stake in Minh Cam Mineral Joint Stock Company for VND 50 billion. Post completion, Tan Viet An Tourism and Trading will become the subsidiary 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.