Duc Thanh Wood Processing Joint Stock Company announced that it will issue 843,390 common shares at a par value of VND 10,000 per share at a price of CND 20,000 per share for gross proceeds of VND 16,867,800,000 on January 22, 2022. The issuance rate is 4.34%. The charter capital will increase to VND 197,471,710,000.The transaction is expected to complete in February 2022, after being approved by the State Securities Commission of Vietnam.

The securities are subject to transfer restrictions of 5 years from ending date of the offering. The transaction has been approved by the board of directors.