On January 9, 2019, Joint Stock Commercial Bank for Foreign Trade of Vietnam (HOSE:VCB) closed the transaction. The company issued 111,108,873 shares at a price of VND 55,510 per share for gross proceeds VND 6,167,653,540,230. The transaction included participation from GIC Pte. Ltd. for 94,442,442 shares and acquired 2.55% stake and existing investor Mizuho Capital Co. Ltd. for 16,666,431 and retained its stake 15% stake in the company. The company paid total expenses of VND 61,164,621,499. Upon closing, the charter capital of the company has increased from 35,977,685,750,000 to 37,088,774,480,000.