Now News Digital Media Technology Co. Ltd. (OTCPK:NDMT) entered into a non-binding letter of intent to acquire 19% stake in Lao construction Bank Limited from Wanli Gong, Alan Chen and Yuhao Aixinjueluo for LAK 62.5 billion on June 1, 2016. Now News Digital Media Technology Co. Ltd. (OTCPK:NDMT) entered in a share exchange agreement to acquire 19% stake in Lao construction Bank Limited from Wanli Gong, Alan Chen and Yuhao Aixinjueluo for LAK 62.5 billion on November 19, 2016. The transaction is expected to close on November 19, 2017 or such other date and time as all parties may mutually determine. Jay Kaplowitz from Sichenzia Ross Ference Kesner LLP acted as the legal advisor to Now News Digital Media Technology. Now News Digital Media Technology Co. Ltd. (OTCPK:NDMT) cancelled the acquisition of 19% stake in Lao construction Bank Limited from Wanli Gong, Alan Chen and Yuhao Aixinjueluo on June 6, 2017.