Power Construction Joint Stock Company No.1 (HOSE:PC1) agreed to acquire 51% stake in Investment and Energy Technology Service Joint Stock Company on May 29, 2020. As per the acquisition, Power Construction Joint Stock Company No.1 will acquire 0.15 million shares of Investment and Energy Technology Service Joint Stock Company. The transaction was approved by the board of Power Construction Joint Stock Company No.1. The transaction is expected to close in quarter 2nd of 2020.