Hoang Phuc Mineral Trading and Construction Joint Stock Company announced a private placement of 20,000,000 common shares at a price of VND 10,000 per share for the gross proceeds of VND 200,000,000,000 on June 30, 2023. The transaction will include participation from new investors Le Thanh Hong for 4,500,000 shares, Nguyen Cao Dang for 5,000,000 shares, Dinh Van Duc for 5,000,000 shares and VietinBank Fund Management Company Ltd. for 5,500,000 shares. The transaction has been approved by the General Meeting of Shareholders and is subject to approval of State Securities Commission.

The shares are restricted to the hold period of 1 year.