Sesan4A Hydropower Joint Stock Company (HOSE:S4A) announced a private placement of 6,300,000 shares at a price of VND 10,000 per share for gross proceeds of VND 63,000,000,000 on May 18, 2018. The transaction will include participation from less than 100 investors, including strategic shareholders, employees and existing shareholders of the company. The transaction is expected to close in fourth quarter of 2018 or first quarter of 2019. The transaction has been approved in the annual general meeting.