Thang Long Urban Development and Construction Investment Joint Stock Company (HOSE:TLD) announced a private placement of approximately 10,000,000 shares at an issue price of not less than VND 10,000 per share for gross proceeds of approximately VND 100,000,000,000 on December 20, 2018. The transaction will involve participation from strategic investors. The shares will be issued at par and are subject to a hold period of one year from the closing date.