On September 07, 2020, the Board of Directors of Tien Phong Commercial Joint Stock Bank (TPBank) approved to allow TPBank to continue the investment in Tien Phong Securities Corporation. Accordingly, TPBank will purchase more TPS shares in the private placement in 2020 in order to keep TPBank’s ownership ratio at TPS to be 9.01%. The maximum buying price for strategic partners will be 10,000 dongs/share.