Dau Hong Ngoc, General Director, and Nguyen Thi Kim Oanh, a staff member, of Total Building Systems Ltd. made an offer to acquire 99% stake in Total Building Systems Ltd. from Vietnam Industrial Investments Limited (ASX:VII) in a management buyout during half-year ended June 30, 2019. Dau Hong Ngoc, General Director, and Nguyen Thi Kim Oanh, a staff member, of Total Building Systems Ltd. completed the acquisition of 99% stake in Total Building Systems Ltd. from Vietnam Industrial Investments Limited (ASX:VII) for VND 9.1 billion in a management buyout on September 20, 2019. The consideration is payable in two tranches, VND 900 million is due to be received by early next week ending October 4 2019 with the balance of VND 8.2 billion payable within 45 days of execution of the sale and purchase agreement.