SCI Lai Chau Joint Stock Company has announced a private placement of 1,800,000 common shares at a price of VND 10,000 per share for gross proceeds of VND 18,000,000,000 on October 23, 2017. The transaction included participation from existing investor, SCI Joint Stock Co. (HNX:S99) will acquire 1,800,000 shares equivalent to 7.20% shares in the company.