Mechanics Construction and Foodstuff Joint Stock Company (HNX:MCF) announced a private placement of 2,777,838 shares of par value of VND 10,000 per share for gross proceeds of VND 27,778,380,000 on June 11, 2018. The transaction included participation from 316 investors. The transaction was approved at the company’s extraordinary general mandate 2018. As a result of the transaction the number of outstanding shares increased to 10,777,838 shares.