Cheng Loong Binh Duong Paper Company Limited announced that it will receive $110,000,000 in a round of funding from returning investor Cheng Loong Corporation on November 8, 2021. The company will issue common shares in the transaction. The company will close the transaction in multiple tranches. Post the closing of the transaction, the investor will continue to hold 100% stake in the company. The transaction was approved by the board of directors of the investor.