Vimeco Joint stock company (HASTC:VMC) announced a private placement of 3,500,000 common shares at VND 10,000 per share for gross proceeds of VND 35,000,000,000 on April 11, 2014. The company will issue shares during the third quarter and fourth quarter of 2014. Each share to be issued will have a par value of VND 10,000.

On December 18, 2014, the company announced that it closed its first tranche.