Development Investment Construction Number 2 Joint Stock Company announced a private placement of 2,500,000 common shares at a par value of VND 10,000 per share for gross proceeds of VND 25,000,000,000 on April 9, 2021. The transaction will include participation from Development Investment Construction Joint Stock Corporation and professional securities investors. The transaction has been approved at the shareholders meeting.

The shares will be subject to a lockup period of one year. The transaction is expected to be between quarter 2 of 2021 to quarter 3 of 2021.