Lamdong Pharmaceutical Joint Stock Company announced a private placement of offers 8,250,000 shares at a price of VND 11,000 per share for gross proceeds VND 90,750,000,000 on April 10, 2024. The transaction includes participation from less than 100 investors. The number of shares offered is restricted from transfer for one year for professional securities investors from the date of completion of the offering, except in the case of transfer between professional securities investors or if the law has provisions that state otherwise.

The transaction is expected to close in 2024. The transaction was approved by shareholders and subject to approval from board of directors