Hoang Gia Energy Service Trading Joint Stock Company announced a private placement of 3,600,000 shares at an issue price of VND 20,000 share per share for gross proceeds of VND 72,000,000,000 on November 5, 2021. The transaction will include participation from Duyen Hai Multi Modal Transport Joint Stock Company. The transaction is expected to close in November 2021.

The transaction has been approved by the board of directors of the company.