DIC - Dong Tien Joint Stock Company (HNX:DID) announced a private placement of 5,900,000 common shares at an issue price of VND 10,000 per share for gross proceeds of VND 59,000,000,000 on May 10, 2019. The transaction will include participation from The Gioi Nha Construction Material Joint Stock Company for 2,000,000 shares and House World Construction Materials Joint Stock Co for 3,900,000 shares. Post-closing of the transaction, The Gioi Nha Construction Material Joint Stock Company will hold 35.97% stake and House World Construction Materials Joint Stock Co will hold 28.06% stake in the company. The shares issued in the transaction is subject to hold period of one year from the date of issue. The transaction has been approved by the annual general meeting of shareholders of the company.