Doan Xa Port Joint Stock Company announced that it will issue 25,000,000 shares at a price of VND 10,000 per share for gross proceeds of VND 250,000,000,000 on June 24, 2022. The transaction included participation from less than 100 investors. Shares offered for private placement are restricted from being transferred for 1 year for professional securities investors.

Shares offered in the private placement are expected to be distributed within 90 days after receiving written approval from the State Securities Commission. Eligible buyers could be a domestic and foreign organization or individual with strong financial potential that the Board of Directors considers to contribute to production and business activities or bring benefits to the Company. The transaction is expected to close from quarter 4 of 2022 to quarter 1 of 2023 after being approved by the State Securities Commission.