TMT Motor Joint Stock Company (HOSE:TMT) agreed to acquire 99.99% stake of Ngoc Anh Company Limited on February 3, 2021. As per the transaction TMT Motors Corporation also buys land use right at the Land No.305, map of No.11, hamlet 8, Hoang Dong Commune, Hoang Hoa District, Thanh Hoa Province. Board of Directors of TMT Motors Corporation approved the transaction.