Bao Ngoc Investment Production Corporation announced a private placement of 20,000,000 shares at an issue price of VND 10,000 per share for proceeds of VND 200,000,000,000 on June 9, 2023. The transaction will include participation from new investor NTP Fund Management Joint Stock Company. The transaction was approved by the board of directors of the company.

The shares to be issued will have a hold period of one year.