Asia - Pacific Investment JSC (HNX:API) announced a private placement of maximum 20,000,000 common shares at a price of minimum VND 20,000 to maximum VND 25,000 per share for the gross proceeds of minimum VND 400,000,000,000 to VND 500,000,000,000 on December 18, 2017. The securities being issued in the transaction are subject to a hold period of a year.