Tien Trung Investment Construction And Technology Joint Stock Company (HASTC:TTZ) announced a private placement of 1,750,000 common shares at VND 10,000 per share for gross proceeds of VND 17,500,000,000 on August 19, 2013. The transaction will include participation from strategic partners. Transaction is expected to close in fourth quarter of the year. The shares being issued are restricted to transfer within one year from the date of issuance. On the same date, the Annual General Mandate 2013 approved the transaction.

On April 11, 2014, Tien Trung Investment Construction And Technology Joint Stock Company closed the transaction.