Bac Ha Hydropower Joint Stock Company announced a private placement of 1,000,000 common shares at VND 10,000 per share for gross proceeds of VND 10,000,000,000 on January 12, 2018. The transaction included participation from Licogi Corporation – JSC for 455,476 share for the gross proceeds of VND 4,554,760,000 Bao Viet Securities Joint Stock Company (BVSC) for 95,362 share for the gross proceeds of VND 953,620,000, and New Sun Real Estate Trading Co. Ltd 449,162 shares for VND 4,491,620,000. The registered capital of the company will increase from VND 650,000,000,000 to VND 660,000,000,000. The transaction has been approved by the board of directors of the company.