![](/cdn/assets/images/search/clock.png)
We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
VinaCapital Vietnam Opportunity Fund Limited | AQSE:VOF.GB | Aquis Stock Exchange | Ordinary Share | GG00BYXVT888 |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
4.50 | 0.92% | 491.00 | 468.00 | 505.00 | 491.00 | 486.50 | 486.50 | 600 | 08:01:15 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMVOF
RNS Number : 9191V
VinaCapital Vietnam Opportunity Fd.
06 December 2023
VinaCapital Vietnam Opportunity Fund Limited
(the "Company" or "VOF")
LEI Number: 2138007UD8FBBVAX9469
Results of AGM - 6 December 2023
The Directors of the Company are pleased to announce the results of voting at the annual general meeting of the Company held at 11:00 AM (UK Time) on 6 December 2023 at the offices of Aztec Group, East Wing, Trafalgar Court, Les Banques, St Peter Port, Guernsey, GY1 3PP (the "AGM").
A summary of the results is provided below.
All resolutions proposed at the AGM were passed with the exception of Resolution 14 which was not passed.
Voting was conducted by a show of hands and inclusive of votes received by the Company by way of proxy, either by post, web voting or via CREST, by no later than 11:00 AM (UK Time) on 4 December 2023.
Total votes of 76,397,511 were cast at the AGM, representing 48.64% of the total issued share capital of the Company as at 6 December 2023 (immediately prior to convening the AGM).
The text of the resolutions is paraphrased, the full text of each resolution is available in the notice and agenda of the AGM.
# Resolution Type In Favour Against Votes Withheld Votes %age Votes %age To adopt the annual report and financial statements of the Company for the year ended 30 June Ordinary 1. 2023. Resolution 76,330,457 99.99% 8,108 0.01% 58,946 To adopt the Directors' Remuneration Implementation Ordinary 2. Report. Resolution 76,270,074 99.93% 55,345 0.07% 72,092 To re-appoint PriceWaterhouseCoopers CI LLP as Auditor of the Company until conclusion of the next annual Ordinary 3. general meeting. Resolution 76,300,326 99.96% 31,020 0.04% 66,165 To authorise the Board of Directors to determine the Ordinary 4. Auditor's remuneration. Resolution 76,324,157 99.98% 13,104 0.02% 60,250 To re-elect Huw Evans following his retirement as a Director of Ordinary 5. the Company. Resolution 69,087,085 90.51% 7,247,004 9.49% 63,422 To re-elect Peter Hames following his retirement as a Director of Ordinary 6. the Company. Resolution 72,524,378 95.02% 3,803,776 4.98% 69,347 To re-elect Julian Healy following his retirement as a Director of Ordinary 7. the Company. Resolution 72,540,223 95.03% 3,792,880 4.97% 64,408 To re-elect Kathryn Matthews following her retirement as a Director of Ordinary 8. the Company. Resolution 72,540,988 95.03% 3,796,080 4.97% 60,443 To re-elect Hai Trinh following his retirement as a Director of Ordinary 9. the Company. Resolution 72,540,509 95.03% 3,795,319 4.97% 61,683 To receive and approve the Company's dividend policy as contained within its annual report and financial statements of the Company for the year ended Ordinary 10. 30 June 2023. Resolution 76,332,418 99.99% 8,811 0.01% 56,282 That the Company be authorised in accordance with section 315 of the Companies Law to make market acquisitions of Ordinary 11. its ordinary shares. Resolution 75,572,584 98.99% 769,719 1.01% 55,208 That the Directors be authorised to issue ordinary shares up to a maximum of 10% of the issued ordinary share capital of Ordinary 12. the Company. Resolution 76,294,485 99.96% 32,852 0.04% 70,174 That the pre-emption rights granted to shareholders shall not apply in respect of the issue of up to 10% of the issued ordinary share capital of the Extraordinary 13. Company. Resolution 76,264,679 99.92% 61,295 0.08% 71,537 That the Company ceases to continue Special 14. as currently constituted Resolution 22,217,886 29.11% 54,106,314 70.89% 68,360
The Company's second largest shareholder, representing approximately 23% of the votes cast at the AGM (11% of the total issued share capital), voted for Resolution 14, the discontinuation of the Company. The Chairman had met representatives of the shareholder prior to the AGM who indicated that they would support continuation of the Company if the Board introduced a Performance Conditional Tender Mechanism ("PCTM"). The Chairman presented the Board's arguments why a PCTM would not be in the Company's or the other shareholders' interests but the shareholder was not persuaded and has voted contrary to the Board's recommendation. In accordance with the AIC Code of Corporate Governance, the Board will now reflect further and will report back to all shareholders at the time of the publication of the interim results in March 2024.
A copy of this announcement will be available on the Company's website at https://vinacapital.com/investment-solutions/offshore-funds/vof/corporate-literature/ and, in accordance with Listing Rules, the full text of the special resolutions passed at the AGM has been submitted to the National Storage Mechanism.
Further information is available on the Company's website at: https://vinacapital.com/investment-solutions/offshore-funds/vof/overview/
Enquiries:
Joel Weiden ----------------------------------------------------------- Investment Manager - Investor Relations and Communications VinaCapital Investment Management Limited T: +84 28 3821 9930 E: joel.weiden@vinacapital.com Magdala Mullegadoo ----------------------------------------------------------- Company Secretary / Administrator Aztec Financial Services (Guernsey) Limited T: +44 1481 748 814 E: vinacapital@aztecgroup.co.uk
1. References to VOF or the Company in this announcement shall mean VinaCapital Vietnam Opportunity Fund Limited, a non-cellular company incorporated in the Bailiwick of Guernsey under The Companies (Guernsey) Law, 2008, with registered number 61765. It is authorised by the Guernsey Financial Services Commission (reference number 2268242) as a registered closed-ended investment scheme under The Protection of Investors (Bailiwick of Guernsey) Law, 1987 and in compliance with the Registered Collective Investment Scheme Rules, as amended.
2. The registered office address of the Company is East Wing, Trafalgar Court, Les Banques, St Peter Port, Guernsey, Channel Islands, GY1 3PP.
3. This announcement may contain inside information as stipulated under the Market Abuse Regulations.
4. The total voting rights of the Company immediately prior to convening the AGM were 157,078,880.
5. Pursuant the Companies (Guernsey) Law, 2008, resolutions of the members are passed on a show of hands if passed by members who vote in person and by persons who vote as duly appointed proxies of members entitled to vote. Accordingly, this means that resolutions are passed by the requisite majority of votes cast at the AGM, not as a majority of the total voting rights.
6. A vote withheld is not a vote in law and is not counted in the calculation of the proportion of votes "for" and "against" a particular resolution.
7. Ordinary resolutions are passed if more than 50% of votes are cast in favour of the resolution.
8. Special resolutions are passed if more than 75% of votes are cast in favour of the resolution.
9. Pursuant to the articles of the Company, an Extraordinary resolution is passed if more than 75% of votes are cast in favour of the resolution.
10. Total percentages voted may not add to 100% in all cases due to rounding.
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
END
RAGNKABKPBDDPBK
(END) Dow Jones Newswires
December 06, 2023 10:06 ET (15:06 GMT)
1 Year VinaCapital Vietnam Oppo... Chart |
1 Month VinaCapital Vietnam Oppo... Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions