Thien Quang Group Joint Stock Company announced a private placement of 8,000,000 shares at a price of VND 10,000 per share at par value of VND 10,000 per share for the gross proceeds of VND 80,000,000,000 on November 19, 2021. The transaction will include participation from Nguyen Thi Tham, Phan Huu Phung, Tran Thi Thu Ha, Nguyen Tra My, Pham Thi Thao, Nguyen Van Tuan, Pham Trung Hieu ,Hoang Thi Xuan. Each investor will acquire 1,000,000 shares for VND 10,000,000,000 for 3.14% stake in the company. The securities issued cannot be transferred before 1 year. On post completion, the charted capital of company will be increased from VND 238,433,050,000 to VND 318,433,050,000. The transaction has been approved at the General Meeting of Shareholders 2021.

On January 19, 2022, the company announced that the the State Securities Commission announced Official Dispatch No. 360/UBCK-QLCB on the registration dossier of the private placement.