Pha Lai Thermal Power JSC (HOSE: PPC) agreed to acquire an additional 35% stake in North Power Service JSC for VND 20 billion on August 12, 2011. Under the terms of the deal, 1.75 million shares will be purchased at VND 11,415 each. Upon completion of the deal, Pha Lai Thermal Power JSC will hold 50% stake in North Power Service JSC.

Pha Lai Thermal Power JSC (HOSE: PPC) cancelled the acquisition of an additional 35% stake in North Power Service JSC on August 12, 2012.