Nam Song Hau Trading Investing Petroleum Joint Stock Company announced private placement of 75,718,068 shares at a price of VND 14,000 per share for gross proceeds of VND 1,060,052,952,000 on August 31, 2021. The company will issue shares at premium to par value of VND 10,000 per share. The charter capital will increase by VND 757,180,680,000 from VND 1,261,967,800,000 to VND 2,019,148,480,000 upon closing. The transaction has been approved by the general meeting of shareholders.