Vietnam Herbs and Foods Joint Stock Company (HNX:VHE) announced private placement of 5,280,000 shares at a price of VND 10,000 per share for gross proceeds of VND 52,800,000,000 on November 9, 2020. The shares will be issued at par and subject to hold period of 1 year from issue. The transaction is expected to close in 2020 upon approval of State Securities Commission. The transaction has been approved by the board of directors of the company.