Estimated Daily Net Asset Value

RNS Number : 6607F

VietNam Holding Limited

19 July 2021

 

For immediate release

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

Estimated Daily Net Asset Value (NAV)

The Vietnam equity market fell sharply today due to increasing concerns on the impact of Covid-19 across the country. Over the weekend, the government imposed stricter lockdown measures in an additional 16 provinces in the South of the country as the number of infection cases increased. On 19 July 2021, the Vietnam All Share Index decreased by 4.3% while VNH's NAV per share fell by 4.3%.

The Company announces that, at its close of business on 19 Jul 2021 its Estimated NAV was USD 177.3 million or USD 4.166 per share and GBP 129.2 million or GBP 3.036 per share (GBP/USD = 1.3724).

Change in position as at 19 Jul 2021:

	NAV per share (USD)	Vietnam All Share Index (USD)
Daily	-4.3%	-4.3%
Calendar month-to-date	-9.4%	-10.6%
Calendar year-to-date	30.1%	23.7%
3-year CAGR	11.6%	12.8%
5-year CAGR	9.4%	13.3%
10-year CAGR	14.0%	11.3%

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 30 Jun 2021. Calendar year-to-date performance is calculated by reference to NAV/share and VNAS at the previous calendar year end (31 Dec 2020). 3-year CAGR (compound annual growth rate) is calculated by reference to NAV/share and VNAS as at 19 Jul 2018. 5-year CAGR is calculated by reference to NAV/share and VNAS as at 19 Jul 2016. 10-year CAGR is calculated by reference to NAV/share and VNAS as at 19 Jul 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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