Victory Capital Joint Stock Company announced a private placement to issue 100,000,000 shares at an issue price of VND 10,000 per share for the gross proceeds of VND 1,000,000,000,000 on June 20, 2023. The shares are restricted to a hold period For strategic investors 03 years from the ending of the offering and for professional securities investors 01 year from the ending of the offering. The transaction is expected to close on either quarter 3 of 2023 or quarter 4 of 2023.

The transaction has been approved by the shareholders of the company and is is subject to State Securities Commission of Vietnam. The number of outstanding shares in the transaction was 98,865,080 shares.