San Lotus Holding Inc. entered into non-binding letter of intent to acquire Smileviet, JSC and Taourmaster Travel Service Inc. and Vietlink International Travel (HK) Ltd. on March 16, 2013. The closing of these acquisitions is subject to completing due diligence, audit of Smileviet, Taourmaster and Vietlink and negotiating and entering into a stock purchase agreement within 180 days from the date of signing the letter of intent. The transaction is expected to complete by the end of the second quarter of 2014. San Lotus Holding Inc. cancelled the acquisition of Smileviet, JSC and Taourmaster Travel Service Inc. and Vietlink International Travel (HK) Ltd. on September 11, 2016.