KinhBac City Development Holding Corporation announced that it will issue 100,000,000 common shares at an issue price of VND 34,096 for gross proceeds of VND 3,409,600,000,000? in funding on September 27, 2021. The transaction has been approved by the board of directors of the company. The shares will be subject to hold period of one year. The shares will have par value of VND 10,000 per share. The offering time will be within 90 days from the approval date of the State Securities Commission of Vietnam.