Vietnam Rare Elements Chemical Joint Stock Company announced that it will receive VND 502,868 million in a round of funding on July 10, 2018. The transaction will include participation from existing investor Daiichi Kigenso Kagaku Kogyo Co., Ltd. (TSE:4082) and it will continue to hold 99.99% of the capital. The capital will increase to VND 709,312 million upon closing. The transaction has been approved by board of directors of investor. The transaction is expected to close in mid-August 2018.