Vietnam Infrastructure Limited Net Asset Value (0865I)

TIDMVNI

RNS Number : 0865I

Vietnam Infrastructure Limited

14 June 2017

14 June 2017

Vietnam Infrastructure Limited (the "Company")

Net asset value

The Company announces that, as at its close of business on 31 May 2017, its unaudited net asset value was USD12.8 million or USD0.0365 per share*. This represents a 1.1% decrease from a net asset value per share of USD0.0369 from its close of business on 30 April 2017.

* The NAV has been calculated using the net realisable value approach, which the manager believes provides the best estimate of the amount of cash that will be returned to shareholders prior to the liquidation of the Company. This approach takes into account the Company's current cash holding, expected future receipts from divestments, and expected future payments for costs incurred up to and including the Company's liquidation. The actual amount of cash returned to shareholders will inevitably differ from this estimate, however the manager does not expect any material variation from this estimate unless there is a delay in the liquidation of the Company or unforeseen liquidation costs and/or liabilities arise on warranties and indemnities given in relation to investments sold over the last 12 months

More information on the Company is available at www.vinacapital.com/vni

Enquiries:

Jenny Nguyen

VinaCapital Investment Management Limited

Investor Relations

[phone]

[e-mail]

Joel Weiden

VinaCapital Investment Management Limited

Communications

[phone]

[e-mail]

Philip Secrett

Grant Thornton UK LLP, Nominated Adviser

[phone]

[e-mail]

David Benda / Hugh Jonathan

Numis Securities Limited, Broker

[phone]

[e-mail]

This information is provided by RNS

The company news service from the London Stock Exchange

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June 14, 2017 07:16 ET (11:16 GMT)