Central Area Electrical Mechanical Joint Stock Company (HNX:CJC) announced a private placement to issue 26,000,000 common shares at a price of CND 10,000 per share for gross proceeds of 260,000,000,000 on May 21, 2021. The charter capital after issuance will be CND 300,000,000,000. The securities are issued at a par value of VND 10,000 per share. The transaction will include participation from no more than 10 professional securities investors including Austdoor Group Joint Stock Company for VND 15,600,000, Duong Quoc Tuan for VND 1,650,000, Le Kha Tuyen for VND 1,500,000, Phan Ngoc Hieu for VND 1,400,000, Nguyen Thi Thanh Mai for VND 1,400,000, Nguyen Ngoc Kien for VND 1,400,000, Doan Thi Hong An for VND 1,400,000, Ha Dang Lam for VND 1,000,000, Nguyen Le Minh for VND 650,000. The transaction was approved at the Annual General Meeting of Shareholders 2021 of the company. The securities are subject to hold period for 1 year from the time of completing the offering.