Viet Property Investment Joint Stock Company announced a private placement of 10,000,000 shares at a price of VND 10,000 per share for gross proceeds of VND 100,000,000,000 on June 7, 2022. The transaction has been approved by the board of directors of the company and is subject to approval from company's shareholders and the State Securities Commission. The shares issued are subject to a hold period of 1 year from the date of issuance.