Thien Long Group Corporation (HOSE:TLG) announced a private placement of 5,000,000 shares at a price of not less than VND 85,000 per share for gross proceeds of VND 425,000,000,000 on March 3, 2020. The shares carry a par value of VND 10,000 each. The transaction has been approved by the board of directors of the company. The company will incur issue expenses of VND 10,336,380,700 in the transaction.