Estimated Net Asset Value(s)

RNS Number : 6856C

VietNam Holding Limited

23 January 2018

 

For immediate release

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

Estimated Daily Net Asset Value (NAV)

The Company announces that, at its close of business on 23 Jan 2018 its Estimated NAV was USD 233.9 million or USD 3.345 per share.

Following yesterday's technical error which halted trading on the Ho Chi Minh City Stock Exchange (HOSE), the Company has been made aware that the error continues to persist today, 23 January 2018. Despite the fact that HOSE is closed for trading today, trades which were initiated prior to the incident have been settled on the platform and are reflected in today's NAV. Numbers are based on historic pricing prior to the technical error.

Change in position as at 23 Jan 2018

	NAV per share growth	VNAS (USD) growth
Daily	0.09%	0.00%
Calendar month-to-date	7.14%	9.16%
Calendar year-to-date	7.14%	9.16%
5 year CAGR	19.29%	15.63%

Daily performance is calculated by reference to the previous day NAV/share and VNAS (Vietnam All Share Index). Month-to-date performance is calculated by reference to NAV/share and VNAS as at 29 Dec 2017. Year-to-date performance is calculated by reference to NAV/share and VNAS at previous calendar year end (29 Dec 2017). 5 year CAGR (compound annual growth rate) is calculated by reference to NAV/share and VNAS as at 23 Jan 2013. 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).

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

Jay Vontobel

[e-mail]

Tel.: [phone]

VietNam Holding Asset Management Limited

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.

 

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