Hanoimilk JSC announced a private placement of 30,000,000 common shares at an issue price of VND 10,000 per share for gross proceeds of VND 300,000,000,000 on December 31, 2021. The shares can be not transferred within one year since investors become the company's shareholders. The transaction will include participation from professional investors not more than 30.

The transaction was approved by the board of directors of the company. The transaction is expected to close in 2022. All privately placed stock is up for additional trading registration on the Stock Exchange and additional depository at the Vietnam Securities Depository following the end of the private placement.

The capital of the company will increase from VND 200,000,000,000 to VND 500,000,000,000 after the transaction.