Toin Vietnam Co., Ltd. announced a private placement of $4,000,000 in an equity round of funding on August 26, 2016. The transaction will include participation from returning investor Toin Corporation (JASDAQ:7923). The company will continue to hold 100% stake in the company. The registered capital of the company will increase from $7,000,000 to $11,000,000. The transaction has been approved by the board of directors of the investor. The transaction is expected to complete on September 15, 2016.