Duc Long Gia Lai Public Works Service Development and Investment Joint Stock Company (HASTC:DL1) will acquire 96% in Duc Long Gia Lai Wood Processing Joint Stock Co. for VND 34.6 billion on June 3, 2015. Duc Long Gia Lai Public Works Service Development and Investment Joint Stock Company (HASTC:DL1) will acquire 96% in Duc Long Gia Lai Wood Processing Joint Stock Co. and will issue 3.36 million shares for 3.36 million shares of Duc Long Gia Lai Wood Processing in the exchange ratio of 1:1. In a related transaction, Duc Long Gia Lai Public Works Service Development and Investment Joint Stock Company (HASTC:DL1) agreed to acquire 96.2% in Tay Nguyen Mineral and Metallurgy Joint Stock Company on June 3, 2015. DL1 will implement the additional listing and depositary at Hanoi Stock Exchange and Vietnam Securities Depositary Center.

The deal is subject to approval from State Securities Commission and shareholders of Duc Long Gia Lai Public Works Service Development. The deadline for receiving postal ballot is October 24, 2015. As on October 26, 2015, the Board of Directors of Duc Long Gia Lai Public Works Service Development and Investment Joint Stock Company approved the transaction. As on October 27, 2015, the shareholders of Duc Long Gia Lai Public Works Service Development and Investment Joint Stock Company approved the transaction.