Sacom Wires And Cables Joint Stock Company acquired 24.95% stake in Sametel Corporation (HNX:SMT) from Vo Le Duy Duc and others on May 25, 2018. Under the terms, Sacom Wires And Cables Joint Stock Company acquired 1.36 million shares of which 1.34 million shares (24.51% stake) acquired from Vo Le Duy Duc. Post completion, Vo Le Duy Duc reduced its stake to 0% and is no longer principal shareholder of Sametel Corporation. Sacom Wires And Cables Joint Stock Company completed the acquisition of 24.95% stake in Sametel Corporation (HNX:SMT) from Vo Le Duy Duc and others on May 25, 2018.