House World Construction Materials Joint Stock Co agreed to acquire 47.37% stake in Nhon Trach 2 Reinforced Concrete Corp from NO. 2 Industrial Urban Development Joint Stock Company (HOSE:D2D) for VND 27 billion on June 23, 2015. The consideration will be paid in four phases and finish in September 2015. House World will acquire 5.4 million shares at VND 5000 per share. The transaction is expected to complete by September 2015. After the sale, Industrial Urban Development will hold 1.8 million shares or 15.79% stake in Nhon Trach 2.

House World Construction Materials Joint Stock Co completed the acquisition of 47.37% stake in Nhon Trach 2 Reinforced Concrete Corp from NO. 2 Industrial Urban Development Joint Stock Company (HOSE:D2D) on June 25, 2015.