An Trung Industries Joint Stock Company announced a private placement of 8,000,000 shares at a price of VND 10,000 per share for gross proceeds of VND 80,000,000,000 on January 29, 2019. The transaction will include participation from Hanoi Plastics Joint Stock Company. Post the transaction, the investor holds 88.89% stake in the company. The transaction has been approved by the board of directors of the investor.