Partner of Truong Thanh Furniture Corporation agreed to acquire 99.33% stake in Truong Thanh Forestry Joint Stock Company from Truong Thanh Furniture Corporation (HOSE:TTF) for approximately VND 50.7 billion on February 25, 2020. Truong Thanh Furniture Corporation will sell off 5.96 million shares at not less than VND 8500 per share. The board of Truong Thanh Furniture Corporation approved the stake transfer on February 25, 2020. Partner of Truong Thanh Furniture Corporation completed the acquisition of 99.33% stake in Truong Thanh Forestry Joint Stock Company from Truong Thanh Furniture Corporation (HOSE:TTF) on February 28, 2020.