Tien Phong Plastic Joint Stock Company (HNX:NTP) announced a private placement of 19,632,770 common shares at a price of VND 10,000 per share for gross proceeds of VND 196,327,700,000 on June 8, 2020. The transaction will include participation from existing shareholders and will receive 2 new shares for every 10 shares owned. The transaction is expected to close on June 26, 2020.