Thadi Agriculture Farming Processing & Distribution Joint Stock Company signed an agreement to acquire 35% stake in Hung Vuong Corporation (HOSE:HVG) on January 9, 2020. Thadi Agriculture Farming Processing & Distribution Joint Stock Company’s representatives will be Vice Chairman of the Board of Directors and Chief Financial Officer, and it will depute technical experts and sales and financial support personnel. As of January 10, 2020, Thadi Agriculture Farming Processing & Distribution Joint Stock Company acquired 24.28% stake or 53.9 million shares of Hung Vuong at a price of VND 8600 per share, thereby valuing the transaction at VND 463.58 billion. Ernst & Young Vietnam acted as due diligence provider to Hung Vuong Corporation.