Tasco Joint Stock Company (HASTC:HUT) announced a private placement of 50,000,000 shares on June 22, 2017. The par value of the shares is VND 10,000 per share. The transaction is subject to approval from State Securities Commission which is expected to be in July 2017. The transaction will include participation from VinaCapital Vietnam Opportunity Fund Limited (LSE:VOF), a fund managed by VinaCapital Investment Management Ltd for 20,475,000 shares, VinaWealth Fund Management Joint Stock Company for 8,925,000 shares, Hung Thinh VinaWealth for 600,000 shares, PYN Elite Erikoissijoitusrahasto, a fund managed by PYN Fund Management Ltd. for 5,000,000 shares, Pham Quang Dung for 5,000,000 shares, Tran Thi Thanh Ta for 2,500,000 shares, Pham Thi Chi for 2,500,000 shares, Tran Hai Yen for 2,500,000 shares, and Nguyen Viet Tan for 2,500,000 shares. The transaction has been approved by board of directors of the company. On July 10, 2017, the company announced that the company made changes to the investors participating in the transaction. The transaction will now include participation from Windstar Resources Limited for 23,400,000 shares, Vina Capital Fund for 4,720,000 shares, Hung Thinh VinaWealth for 1,880,000 shares, PYN Elite Erikoissijoitusrahasto, a fund managed by PYN Fund Management Ltd. for 5,000,000 shares, Pham Quang Dung, Tran Thi Thanh Ta, Pham Thi Chi, Tran Hai Yen, and Nguyen Viet Tan will each subscribe to 2,500,000 shares.