Estimated Daily Net Asset Value

RNS Number : 3146W

VietNam Holding Limited

22 April 2021

 

For immediate release

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

Estimated Daily Net Asset Value (NAV)

The Vietnam equity markets fell sharply Thursday from their record highs on Monday 19th April. The markets were closed on Wednesday for a National public holiday, and when they re-opened today they were buffeted by concerns on further global outbreaks of COVID-19, profit taking, and impacted by rising levels of margin lending. The Vietnam All Shares Index dropped by 3.3%, and VNH's estimated Net Asset Value per share decreased by 3.3%.

The Company announces that, at its close of business on 22 Apr 2021 its Estimated NAV was USD 156.3 million or USD 3.646 per share and GBP 112.4 million or GBP 2.621 per share (GBP/USD = 1.3912).

Change in position as at 22 Apr 2021:

	NAV per share (USD)	Vietnam All Share Index (USD)
Daily	-3.3%	-3.3%
Calendar month-to-date	3.2%	5.0%
Calendar year-to-date	13.9%	18.0%
5-year CAGR	8.9%	14.7%
10-year CAGR	12.3%	9.9%

Daily performance is calculated by reference to the previous day NAV/share and VNAS (Vietnam All Share Index). Calendar month-to-date performance is calculated by reference to NAV/share and VNAS as at 31 Mar 2021. Calendar year-to-date performance is calculated by reference to NAV/share and VNAS at the previous calendar year end (31 Dec 2020). 5-year CAGR (compound annual growth rate) is calculated by reference to NAV/share and VNAS as at 22 Apr 2016. 10-year CAGR is calculated by reference to NAV/share and VNAS as at 22 Apr 2011. VNAS is sourced from Bloomberg, which uses back-tested positions for VNAS for before 27 Jan 2014 as released by HoSE (Ho Chi Minh City Stock Exchange).

The Estimated Daily NAV stated in this announcement is based on estimated valuations and accordingly the Company accepts no responsibility for the accuracy of the Estimated Daily NAV figure given, and neither is any responsibility implied. The actual month end NAV in any month may vary from the Estimated Daily NAV provided in the relevant month. Accordingly, no reliance should be placed on the Estimated Daily NAV and it has been provided for indicative purposes only.

More information on the Company is available at www.vietnamholding.com  

Craig Martin

[e-mail]

Tel.: [phone]
Dynam Capital Limited
https://www.dynamcapital.com

 

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