Notice of investor conference call

RNS Number : 8794E

VinaCapital Vietnam Opp. Fund Ld

07 June 2012

 



RNS Reach

7 June 2012

VinaCapital Vietnam Opportunity Fund Limited

Notice of investor conference call

VinaCapital Vietnam Opportunity Fund Ltd ('VOF'), an AIM-traded investment fund focused on Vietnam, announces that its Investment Manager, VinaCapital Group, will hold a conference call to update investors on VOF and its other AIM listed funds on 18 June 2012 at 17:00 Hong Kong time.

VinaCapital CEO Don Lam, Fund Managing Directors Andy Ho and Tony Hsun and Fund Deputy Managing Director David Blackhall will update investors on the current economic and investment climate in Vietnam, as well as the recent performance of the three VinaCapital managed AIM listed funds: VinaCapital Vietnam Opportunity Fund (VOF), VinaLand Limited (VNL) and Vietnam Infrastructure Fund (VNI). A Q&A session will follow the fund updates.

During the first quarter of 2012, Vietnam has seen GDP growth slip to 4.0 percent, its lowest level in over two years. According to Vietnam's General Statistics Office (GSO), inventory levels of unsold goods, specifically within the consumer goods and industrial manufacturing sectors, increased 29 percent in May from a year ago. As a result, Vietnam's PMI index fell to 48.3 percent in May, the lowest level in three months.

However, year-to-date CPI levels have receded to just 2.8 percent, representing an annual inflation rate of 8.3 percent from last year. Despite the removal of subsidies in fuel and electricity, food price increases have moderated substantially all year, significantly easing the economic pressures of high inflation from the last two years. As a result, capital markets have responded well, with the VN Index up approximately 23 percent over the first five months of the year, all while valuations continue to be attractive, with the index trading at a trailing PE of 9.8x.

Don Lam, VinaCapital CEO, said: ""Interest in investment opportunities throughout Vietnam have grown as macroeconomic stability improved over the past six months.  The country now has a solid foundation in which to build upon, without the negative impact high inflation and foreign exchange rate risk."

VinaCapital welcomes all Fund investors to join the conference call. Provided below are participant call-in numbers, including the toll free numbers available for many countries.

Call details:

·     Participants dialling long distance or with no international toll free access:  [phone] (Hong Kong toll) or [phone] (London toll)

·     The conference call will occur at 17:00 Hong Kong time on 18 June 2012

·     Participants will be asked to provide the confirmation code, full name, company and country.

·     The confirmation code is 8517018#

·     Please dial in 5-10 minutes before the scheduled start time.

Participant international toll free dial in numbers:

Location	Access number
Hong Kong (Auto)	(852) 2112 1888
Amsterdam Access	31 20 794 7985
Australia toll free	1 800 007 642
Belgium Toll Free	0800 773 62
Boston Access	1 857 207 3822
Copenhagen Access	45 327 277 15
Germany toll free	0800 182 0585
Japan toll free	00 531 490 020
Kuala Lumpur Access	+ 60 3 6207 4051
London Access	[phone]
Luxembourg Access	35 220 881 173
Malaysia toll free	1 800 808 229
Netherlands toll free	0800 022 7430
New York Access	[phone]
San Francisco Access	1 650 360 0173
Seoul Access	[phone]
Singapore Access	+ 65 6622 1172
Singapore toll free	800 492 2081
South Korea toll free	00 308 140 558
Taiwan toll free	00 801 32 3235
Thailand toll free	001 800 852 7450
Tokyo Access	[phone]
UK toll free	0800 032 2849
US toll free	1 866 213 0992
US toll free	1 866 226 1406
Washington DC Access	1 202 559 6484
Zurich Access	41 43 456 9554

The conference call will be recorded and available for replay until 30 days after the event.

Replay details:

·     Investors dialling- long distance or with no international toll free access: [phone]

·     Passcode:  646901#

Location	Access Number
Hong Kong	(852) 2112 1555
Japan Toll Free	00 531 490 018
Korea Toll Free	00 308 140 311
Malaysia Toll Free	1 800 805 232
Singapore Toll Free	800 492 2082
Singapore Toll Free	800 492 2101
Taiwan Toll Free	0080 1 854 000
UK Toll Free	0800 032 9769
US Toll Free	1 800 618 4792

Notes to Editors:

About VinaCapital Group

VinaCapital is a leading investment management and real estate development firm in Vietnam, with a diversified portfolio of USD1.6 billion in assets under management. VinaCapital was founded in 2003 and boasts a team of managing directors who bring extensive international finance and investment experience to the firm. Our mission is to produce superior returns for investors by using our experience and knowledge to identify the key trends and opportunities that emerge as Vietnam continues to develop its economy. To achieve this, VinaCapital has industry-leading asset class teams covering capital markets, private equity, fixed income, venture capital, real estate and infrastructure.

VinaCapital manages three closed-end funds trading on the AIM Market of the London Stock Exchange. These funds are: VinaCapital Vietnam Opportunity Fund Limited (VOF), VinaLand Limited (VNL), and Vietnam Infrastructure Limited (VNI). VinaCapital also co-manages the DFJ VinaCapital L.P. technology venture capital fund with Draper Fisher Jurvetson.
VinaCapital has offices in Ho Chi Minh City, Hanoi, Danang, Nha Trang, Phnom Penh (Cambodia) and Singapore. More information about VinaCapital is available at www.vinacapital.com

Enquiries:

David Dropsey
VinaCapital Investment Management Limited
Investor Relations/Communications
[phone]
[e-mail]

Philip Secrett

Grant Thornton Corporate Finance, Nominated Adviser

[phone]

[e-mail]

 
Hiroshi Funaki
LCF Edmond de Rothschild Securities, Broker
[phone]
[e-mail]

David Benda / Hugh Jonathan
Numis Securities Limited, Broker
[phone]

Mark Walters
FTI Consulting, Public Relations (Hong Kong)
[phone]
[e-mail]

Andrew Walton
FTI Consulting, Public Relations (London)
[phone]
[e-mail]

 

END

 

 

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