Sai Gon Thuong Tin Real Estate Joint Stock Company (HOSE:SCR) agreed to acquire 90% stake in Nguyen Kim Trading Joint Stock Company for approximately VND 300 billion on May 24, 2018. As per terms, Sai Gon Thuong Tin Real Estate Joint Stock Company will acquire approximately 5.75 million shares. Post completion, Nguyen Kim Trading Joint Stock Company will become a subsidiary of Sai Gon Thuong Tin Real Estate Joint Stock Company. Board of directors of Sai Gon Thuong Tin Real Estate Joint Stock Company approved the transaction. Sai Gon Thuong Tin Real Estate Joint Stock Company (HOSE:SCR) cancelled the acquisition of 90% stake in Nguyen Kim Trading Joint Stock Company on May 24, 2019.