Quang Ninh Construction and Cement Joint Stock Company announced private placement of 10,000,000 shares at a price of VND 10,000 per share for gross proceeds of VND 100,000,000,000 with members of the board of directors of the company on April 20, 2021. The shares will be issued at par. The charter capital will increase from VND 500,000,000,000 to VND 600,000,000,000 upon closing expected in 2nd half of 2021 or in 1st quarter of 2022.