DBD

Bidiphar (DBD) will propose a private placement of 23.3 million shares to raise approximately VND 1,165 billion at a minimum price of VND 50,000 per share, targeting up to five professional investors. The capital is earmarked to fund two key pharmaceutical factory projects with a combined budget of VND 1,710 billion, as the company seeks to expand its production capacity following a year of revenue shortfall against plan.