On December 29, 2022, the BOD of Kinh Bac City Development Holding Corporation approved to receive the transfer of shares of Hung Yen Investment and Development Corporation from Sai Gon Telecommunication & Technology Corporation to raise the ownership ratio of KBC at Hung Yen Investment and Development Corporation. Derails are as follows:
- Owning volume before the purchase: 108,000,000 shares, equivalent to 60% charter capital
- Purchase volume: 45,000,000 shares, equivalent to 25% charter capital
- Owning volume after the purchase: 153,000,000 shares, equivalent to 85% charter capital.