VinaCapital Vietnam Weekly Net Asset Value(s)

 
TIDMVOF 
 
25 September 2017 
 
 
VinaCapital Vietnam Opportunity Fund Limited ("the Company" or "VOF") 
 
Estimated weekly net asset value ("NAV") 
 
VinaCapital Vietnam Opportunity Fund Limited, a London Stock Exchange Main 
Market traded investment company established to target key growth segments in 
Vietnam, and managed by VinaCapital Group (the "Manager"), announces that, as 
at its close of business on 22 September 2017, its unaudited, estimated net 
asset value was USD969.6 million or USD4.88 per share (Sterling equivalent at 
that date was GBP716.7 million or GBP3.61 per share). On a per share basis, 
this figure represents a week-over-week increase of 1.1% in USD terms and a 
year-to-date increase of 16.7% in USD terms for the 2017 calendar year. 
 
The estimated weekly NAV stated in this announcement has been produced by the 
Manager based on estimated valuations and accordingly the Company accepts no 
responsibility for the accuracy of the estimated weekly NAV figure given, and 
neither is any responsibility implied. The actual month end NAV in any month 
may vary from the estimated weekly NAV's 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 Net 
Asset Value as at the end of each month will continue to be published on or 
around the 10th of each month. 
 
The estimated weekly NAV is prepared by the Manager 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). 
  * Over the counter (OTC) securities are based on the average of up to three 
    independent broker quotes for the last trading day of the prior week to the 
    extent available, or the last available price. 
  * Non-publicly traded investments, including private equity and direct real 
    estate investments, and operating assets, are valued based on the last 
    available valuation as approved by the Audit Committee which may be 
    adjusted for any impairment, loss or disposal. 
  * Cash is based on cash in the bank at the close of the prior trading week 
    and may be adjusted for receivables and accruals. 
  * The Vietnam Dong (VND) foreign exchange rate is based on 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. 
 
More information on the Company is available at vof-fund.com. 
 
 
Enquiries: 
 
Jonathan Viet Luu / Joel Weiden 
VinaCapital Investment Management Limited 
[phone] 
[e-mail] / [e-mail] 
 
David Benda / Hugh Jonathan 
Numis Securities Limited, Broker 
[phone] 
[e-mail] 
 
Franczeska Hanford 
Northern Trust International Fund Administration Services (Guernsey) Limited, 
Company Secretary 
[phone] 
[e-mail] 
 
Edward Gascoigne-Pees 
Camarco, Public Relations (London) 
[phone] 
[e-mail] 
 
 
 
END 
 

(END) Dow Jones Newswires

September 25, 2017 03:53 ET (07:53 GMT)