On August 20, 2019, Hai Phong Hoang Ha Paper Joint Stock Company (HNX:HHP) closed the transaction. The transaction involved participation from returning individual investors, Tran Thi Thu Phuong for 900,000 shares, Vu Cong Hoan for 860,000 shares, new individual investor Pham Thanh Dang for 890,000 shares for 5.39% stake, Nguyen Huy Long for 600,000 shares, Nguyen Thi Thu Thuy for 800,000 shares, Nguyen Kim Ngan for 800,000 shares, Nguyen Thi Thu Hien for 850,000 shares, and Ta Thi Phuong for 800,000 shares. Pursuant to the transaction, the total number of shares held by Tran Thi Thu Phuong increased from 680,000 shares to 1,580,000 shares for 9.58% stake and Vu Cong Hoan increased from 23,800 to 883,800 shares for 5.36% stake in the company. The company announced that it has obtained board approval through Board Resolution No. 08.02- 2019/ NQ – HHP – HDQT.