Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  London Stock Exchange  >  Vietnam Holding Limited       KYG9361X1043

VIETNAM HOLDING LIMITED

End-of-day quote. End-of-day quote London Stock Exchange - 03/07
2.39 USD   0.00%
10/10VIETNAM : VNH Investor RNS - September 2019
PU
10/09VIETNAM : Change of Administrator
PU
09/27VIETNAM : Share Buyback and Cancellation - 26 September 2019
PU
SummaryChartsNewsCalendarCompany 
News SummaryMost relevantAll newsOfficial PublicationsSector news

Vietnam : VNH Investor Report - November 2018

share with twitter share with LinkedIn share with facebook
share via e-mail
0
12/20/2018 | 04:46am EDT

Regulatory Story

Go to market news section

VietNam Holding Limited - VNH Monthly Investor Report Released 07:00 20-Dec-2018

RNS Number : 0873L

VietNam Holding Limited 20 December 2018

VietNam Holding Limited ("VNH" or the "Company")

Monthly Investor Report

A report detailing the ac�vi�es of the Company for the month November 2018 has been issued by Dynam Capital Management Limited, the investment manager of the Company. Electronic copies of the report have been made available to shareholders on the Company's website at h�p://www.vietnamholding.com/publica�ons/investor-reports and a summary of the report is included below.

Investor Report Summary

"We've come a long way. But s�ll there are bumps"

A�er a horrid October, November con�nued to see malaise across the Vietnam market with liquidity drying up significantly. Average daily liquidity dropped from USD 300m to around USD 100m at �mes. It should be remembered that 15 years ago the total market capitalisa�on was only USD 300m, so we have come along way. Over the last 15 years, the private sector has also come along way as well. During the month it was reported that a Vietnamese company - Truong Hai - the number one auto company in Vietnam and a por�olio company of Jardine Cycle&Carriage, had expanded significantly in Myanmar in real-estate; and Vincom (a local conglomerate) had announced plans to build a domes�c smart-phone. It is hard to keep Vietnamese entrepreneurs down.

Our core focus remains the same: growth from mid-cap companies, playing to themes of increased urbanisa�on, growth in consumer demand and enablers (logis�cs, finance etc). We think that the stocks in our por�olio are well posi�oned to see strong future growth.

During November the performance of the Por�olio was below most of the indices and the NAV per share fell by 2.8%, bringing year-to-date return to -11.0%, in line with the VNAS and VN30 indices. We are considering including the VN70 index as an addi�onal reference point for 2019, as it may have greater relevance for our mid-cap bias.

Following the Successful EGM on 31 October, the Manager separated 15% of the por�olio into a Tender Pool and commenced selling the securi�es in that pool during the month of November. By the end of November approximately 60% had been sold, and USD 1.50 per share was distributed in cash in early December with a Total tender pool value (distributed and undistributed) equivalent to approximately USD 2.70 a share at month end. The balance of the tender pool will be sold during December and the aim is to make a final distribu�on before 31st December 2018. Updates will be made in rela�on to further distribu�on in due course.

We thank all investors for their support and wish you the very best of the fes�ve season.

For more informa�on please contact:

Dynam Capital Limited

Craig Mar�n

+84 28 3827 7590

info@dynamcapital.com |www.dynamcapital.com

www.vietnamholding.com

finnCap

Nominated Adviser and Corporate Broker 0500

Tel: +44 20 7220

William Marle / Giles Rolls

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

DOCFKKDPNBDKNBB

CLOSE

London Stock Exchange plc is not responsible for and does not check content on this Website. Website users are responsible for checking content. Any news item (including any prospectus) which is addressed solely to the persons and countries specified therein should not be relied upon other than by such persons and/or outside the specified countries. Terms and conditions, including restrictions on use and distribution apply.

©2014 London Stock Exchange plc. All rights reserved

Monthly Investor Report - RNS

Disclaimer

Vietnam Holding Ltd. published this content on 20 December 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 20 December 2018 09:44:14 UTC

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on VIETNAM HOLDING LIMITED
10/10VIETNAM : VNH Investor RNS - September 2019
PU
10/09VIETNAM : Change of Administrator
PU
09/27VIETNAM : Share Buyback and Cancellation - 26 September 2019
PU
09/23VIETNAM : Estimated Daily NAV - 23 September 2019
PU
09/23VIETNAM : Share Buyback and Cancellation - 20 September 2019
PU
09/16VIETNAM : Estimated Daily NAV - 13 September 2019
PU
09/16VIETNAM : Share Buyback and Cancellation - 13 September 2019
PU
09/12VIETNAM : VNH Investor Report RNS - August 2019
PU
09/09VIETNAM : Estimated Daily NAV - 9 September 2019
PU
09/09VIETNAM : Share Buyback and Cancellation - 6 September 2019
PU
More news
Chart VIETNAM HOLDING LIMITED
Duration : Period :
Vietnam Holding Limited Technical Analysis Chart | MarketScreener
Full-screen chart
Managers
NameTitle
Sean Leslie Hurst Chairman
Philip Peter Scales Non-Executive Director
Hiroshi Funaki Non-Executive Director
Damien Marceau Antoine Marie Pierron Non-Executive Director
Saiko Tajima Independent Non-Executive Director
Sector and Competitors