Kinh Bac – Da Nang Investment Co., Ltd. announced that it will receive VND 60,000,000,000 in an equity round of funding on July 28, 2020. The transaction will involve participation from returning investor KinhBac City Development Holding Corporation (HOSE:KBC). Post completion of the transaction, the charter capital of the company will increase from VND 600,000,000,000 to VND 660,000,000,000. The transaction has been approved by the board of directors of the investor.