MBG Group Joint Stock Company (HNX:MBG) announced a private placement of 40,000,000 shares at a price of VND 10,000 per share for gross proceeds of VND 400,000,000,000 on May 10, 2021. The transaction will include participation from not more than 100 strategic investors and professional securities investors. The transaction has been approved by board of directors of the company. The shares issued are subject to restriction period for three year. Post the closing, the charter capital will increase from VND 723,574,580,000 to VND 1,123,574,580,000.