Bac Lieu Fisheries Joint Stock Company (HNX:BLF) announced a private placement of 1,000,000 common shares issued at a par value of VND 10,000 per share for gross proceeds of VND 10,000,000,000 to Nguyen Thanh Dam on December 18, 2018. The investor will hold 2,000,000 shares for a stake of 17.39% post the completion of the transaction. The shares issued are subject to a hold period of one year from the date of issue. The transaction has been approved by the board of directors of the company.