Hai Phong Hoang Ha Paper Joint Stock Company (HNX:HHP) announced a private placement of maximum of 6,500,000 common shares at a price of VND 10,000 per share for maximum gross proceeds of VND 65,000,000,000 on June 13, 2019. The shares will be issued at par and will be issued to less than 100 investors. The transaction was approved by the board of directors of the company.