DANAMECO Medical Joint Stock Corporation announced a private placement of 5,000,000 common shares at a price of VND 20,000 per common share for total gross proceeds of VND 100,000,000,000 on August 26, 2022. The transaction will include participation from new investors Nguyen Tu Ngoc for 14.63% stake , Ngo Thi Minh Ha for 14.63% stake , Le Dinh Vu for 9.75% stake, and Vuong Thi Bich Hang for 9.75% stake. The securities issued are subjected to 1 year hold period.