Estimated Daily Net Asset Value

RNS Number : 8336K

VietNam Holding Limited

06 September 2021

 

For immediate release

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

Estimated Daily Net Asset Value (NAV)

At the Extraordinary General Meeting held on 31 Aug 2021, the resolution on the Market Purchase of Shares pursuant to the Tender Offer (the Tender) was duly passed.  As a result, the Company has announced it will purchase 12,737,184 Shares at the Tender Price, which it expects to announce the week commencing 6 September 2021. The following NAV is estimated based on the remaining portfolio after excluding the estimated amount to satisfy the Tender, and the number of shares used in the NAV per share estimation is 29,705,458, excluding the 12,737,184 Shares in respect of which tenders have been accepted.

The Company announces that, at its close of business on 06 Sep 2021 its Estimated NAV was USD 138.9 million or USD 4.674 per share and GBP 100.3 million or GBP 3.376 per share (GBP/USD = 1.3843).

Change in position as at 06 Sep 2021:

	NAV per share (USD)	Vietnam All Share Index (USD)
Daily	1.5%	1.2%
Calendar month-to-date	2.4%	1.3%
Calendar year-to-date	46.0%	35.3%
3-year CAGR	16.8%	16.8%
5-year CAGR	10.5%	15.4%
10-year CAGR	15.0%	11.7%

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 Aug 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 06 Sep 2018. 5-year CAGR is calculated by reference to NAV/share and VNAS as at 06 Sep 2016. 10-year CAGR is calculated by reference to NAV/share and VNAS as at 06 Sep 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

 

END

 

 

NAVLFMLTMTMMMLB