Tan Phu Plastic Joint Stock Company (HNX:TPP) announced that it will issue 4,240,000 common shares at a price of VND 10,000 per share for gross proceeds of VND 42,400,000,000 on August 27, 2018. The transaction will include participation from existing investors Nguyen Hoang Thanh and Pham Quoc Khanh for 707,000 shares and 705,000 shares taking their stakes to 4.97% and 4.95% respectively and new investors Phung Quang Viet, Pham Tran Thu Nga, Dao Minh Tuan and Nguyen Thi Tham for 707,000 shares each representing 4.97% stake each. The company will pay expenses of VND 40,000,000 in the transaction. The company will issue shares at par.