Ninh Van Bay Travel Real Estate Joint Stock Company (HOSE:NVT) agreed to acquire additional 38.76% stake in Tan Phu Tourism Joint Stock Company on June 24, 2015. Post transaction, Ninh Van Bay Travel Real Estate Joint Stock Company will hold 51% stake in Tan Phu Tourism Joint Stock Company. The transaction will be funded from proceeds received by the sale of Hai Dung Co Ltd. The Board of Directors of Ninh Van Bay Travel Real Estate Joint Stock Company approved the acquisition.