IB Securities Joint Stock Company (HNX:VIX) announced a private placement of 20,000,000 common shares at a price of VND 10,000 for gross proceeds of VND 20,000,000,000 on October 10, 2018. The transaction has been approved by the board of directors. The transaction is subject approval from the State Securities Commission of Vietnam, expected to be in quarter IV 2018. The charter capital of the company expected to reach over VND 1,000,000,000,000. The transfers of shares from the transaction will be limited within one year from the final date of transaction.