Long Giang Investment and Urban Development Joint Stock Company (HOSE:LGL) agreed to acquire 51% stake in Ha Long Construction Joint Stock Company for approximately VND 150 billion on July 3, 2019. Long Giang Investment and Urban Development Joint Stock Company will acquire 0.92 million shares of Ha Long Construction Joint Stock Company at VND 0.16 million per share. The transaction is approved by Board of Long Giang Investment and Urban Development Joint Stock Company. As on July 24, 2019, Long Giang Investment and Urban Development Joint Stock Company (HOSE:LGL) completed the purchase of 0.72 million shares, equivalent to 40% stake in Ha Long Construction Joint Stock Company.