Lao Cai Mining and Mineral Processing Joint Stock Company (HOSE:LCM) agreed to acquire additional 41% stake in Gia Long Hoa Binh Ltd. for VND 75 billion on June 16, 2014. Lao Cai Mining will raise its stake to 90% after the completion of this transaction. The transaction was approved by shareholders of Lao Cai Mining and Mineral Processing Joint Stock Company at annual general meeting held on June 18, 2014.