Trang Cat Urban Development One Member Co., Ltd announced that it will receive VND 1,500,000,000,000 in an equity round of funding on August 16, 2021. The transaction will include participation from returning investor KinhBac City Development Holding Corporation. On closing, the registered capital of the company will increase from VND 1,500,000,000,000 to VND 3,000,000,000,000. The transaction is expected to close between quarter 3 of 2021 and quarter 1 of 2022. The transaction has been approved by the board of directors of the company.