Thanh Thuy Investment Joint Stock Company announced a private placement of 3,500,000 shares at a price of VND 20,000 per share for gross proceeds of VND 70,000,000,000 on January 17, 2017. The transaction will include participation from Vietnam Enterprise Investment and Development Joint Stock Company (HNX:FID), which will hold a 70% stake in the company after the transaction. The transaction was approved by the investor’s board of directors.