Development Investment Construction Number 2 JSC announced a private placement to issue 5,000,000 shares at an issue price of VND 10,000 per share for the gross proceeds of VND 50,000,000,000 on April 25, 2024. The transaction has been approved by shareholders of the company. This private placement offering of the Company, the Board of Directors only offering to domestic investors.

Therefore, the private placement offering still ensures that the Company meets the foreign ownership rate according to regulation. The transaction is subject to State Securities Commission and is expected to close in Q3 ? Q4 of 2024.

The securities are restricted to a hold period of 1 year.