Hoang Minh Finance Investment Joint Stock Company announced a private placement of 2,113,500 common shares at a price of VND 10,000 per share for gross proceeds of VND 21,135,000,000 on August 17, 2020. The transaction will include participation from new investors Happy House Real Estate Investment Joint Stock Company for 363,500 shares to acquire 0.63% stake and Central Capital Finance Co., Ltd. for 1,750,000 shares to acquire 3.02% stake in the company. The transaction has been approved by the board of directors of the company.