VinaCapital Vietnam Opp. Fund Ltd Weekly Net Asset Value (7797P)

TIDMVOF

RNS Number : 7797P

VinaCapital Vietnam Opp. Fund Ltd

14 October 2019

VinaCapital Vietnam Opportunity Fund Limited

(the "Company" or "VOF")

LEI Number: 2138007UD8FBBVAX9469

Estimated Weekly Net Asset Value ("NAV") - 11 October 2019

The Company announces that, as at the close of business on 11 October 2019, its unaudited, estimated NAV was USD 939 million or USD 5.10 per share. The Sterling equivalent as at that same date was GBP 765 million or GBP 4.15 per share.

On a per share basis, this figure represents a week on week increase of 3.43% in USD terms.

Please note that an estimated NAV for the week ending Friday 18 October 2019 shall be published on Tuesday 22 October 2019.

Disclaimers: The estimated weekly NAV stated in this announcement has been prepared by the Administrator and reviewed by the Investment Manager, and is based on estimated valuations and, accordingly, the Company accepts no responsibility for the accuracy of the estimated weekly NAV. The actual month end NAV in any month may vary from the estimated weekly NAVs provided in the relevant month. Accordingly, no reliance should be placed on the estimated weekly NAV and it has been provided for indicative purposes only. The Company's unaudited NAV as at the end of each month is published on or around the 10th of each month.

The estimated weekly NAV is prepared based on the following valuation guidelines:

 
 
 --              Listed equities are marked-to-market, based on the closing price of 
                  the last trading day of the prior week, provided by the Vietnam stock 
                  exchanges (the Ho Chi Minh Stock Exchange and the Hanoi Stock Exchange). 
 --   Unlisted securities include over-the-counter (OTC) traded securities 
       and unlisted securities publicly traded on the Unlisted Public Companies 
       Market (UPCOM) of the Hanoi Stock Exchange. These holdings are marked-to-market 
       on the same basis as listed equities. Where this valuation approach 
       is not available, unlisted securities valuations are based on the average 
       of up to three independent broker quotes for the last trading day of 
       the prior month, or where these are unavailable, the last available 
       price. 
 --   Non-publicly traded investments, including private equity and direct 
       real estate investments are valued based on the last available valuation 
       as approved by the Audit Committee, which may be adjusted for any impairment, 
       loss or disposal. 
 --   The valuation of cash positions is based on cash in the Company's bank 
       accounts at the close of the prior week and is adjusted for receivables 
       and accruals. 
 --              The Vietnam Dong (VND) foreign exchange rate is the daily reference 
                  rate provided by Vietcombank as of the date of the weekly NAV. The 
                  British Sterling (GBP) and US Dollar (USD) exchange rates are based 
                  on the Reuters reference rate of the same day. 
 

Further information is available on the Company's website at: https://vof.vinacapital.com/

Enquiries:

 
 Michael Truong / Joel Weiden 
----------------------------------------------------------- 
 Investment Manager - Investor Relations and Communications 
  VinaCapital Investment Management Limited 
 T: [phone] 
 E: [e-mail] 
  E: [e-mail] 
 
 David Benda / Hugh Jonathan 
----------------------------------------------------------- 
 Broker 
  Numis Securities Limited 
 T: [phone] 
 E: [e-mail] 
 
 Lewis Germain 
----------------------------------------------------------- 
 Company Secretary / Administrator 
  Aztec Financial Services (Guernsey) Limited 
 T: [phone] 
 E: [e-mail] 
 
 Edward Gascoigne-Pees 
----------------------------------------------------------- 
 Public Relations (London) 
  Camarco 
 T: [phone] 
 E: [e-mail] 
 
 David Harris 
----------------------------------------------------------- 
 Marketing and Distribution (London) 
  Frostrow Capital LLP 
 T: [phone] 
 E: [e-mail] 
 

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 (EU) NO. 596/2014 (MAR).

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 [e-mail] or visit www.rns.com.

END

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October 14, 2019 06:48 ET (10:48 GMT)