Newland Investment Construction Joint Stock Company announced a private placement of 30,000,000 shares at a price of VND 10,000 per share for gross proceeds of VND 300,000,000,000 on October 17, 2022. The transaction included participation from Viet Phat Import Export Trading Investment Joint Stock Company for VND 270,000,000,000 and other investors. The transaction has been approved by board of directors of the investor.