Phan Ngoc Hieu agreed to acquire additional 9.75% stake in Licogi 16 Joint Stock Company (HOSE:LCG) on February 28, 2019. A total of 10 million shares will be acquired as part of the deal. After the transaction, Phan Ngoc Hieu will hold 10.25% stake. Phan Ngoc Hieu cancelled the acquisition of additional 9.75% stake in Licogi 16 Joint Stock Company (HOSE:LCG) on February 28, 2020.