Mipec Port Joint Stock Company announced a private placement of 2,500,000 common shares at a price of VND 10,000 per share for gross proceeds of VND 25,000,000,000 on October 23, 2020. The transaction will include participation from returning investor Vinafreight Joint Stock Company (HNX:VNF). The shares will be issued at an exercise rate of 4:1. The transaction was approved by the board of directors of the investor.