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VNL Vinaland Limited

0.0055
0.00 (0.00%)
23 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Vinaland Limited LSE:VNL London Ordinary Share KYG936361016 ORD USD0.01
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 0.0055 0.00 01:00:00
Bid Price Offer Price High Price Low Price Open Price
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
  -
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 0.0055 USD

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22/9/201602:34Vinaland with Charts & News37

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Posted at 14/2/2007 11:13 by grippa
VinaLand Limited



VinaLand Limited Announces Significant Real Estate Investment in Ho Chi Minh
City Hospitality Market





Ho Chi Minh City, Vietnam, February 13, 2007 - VinaLand Limited ("VNL" or, the "
Company") (AIM: VNL), the investment company admitted to trading on the AIM
market of the London Stock Exchange plc is pleased to announce the successful
purchase of a 52.5% interest in the Omni Saigon Hotel for US$16.5 million.



The Omni Saigon Hotel has been in operation since 1993 and enjoys a convenient
location in Vietnam's premier business city. Located minutes away from Ho Chi
Minh International Airport, and a 15-minute drive from the central business
district, the 249-room hotel is managed under license from Marco Polo Hotels, a
leading luxury hotel company in the Asia-Pacific region.



In keeping with the Company's investment strategy, the Company's investment
manager, VinaCapital Investment Management Ltd ("VinaCapital"), has devoted
considerable efforts to identify the most profitable investment projects in
Vietnam. VinaCapital believes Vietnam's travel and leisure market is an
attractive investment and expects the hotel segment, especially in Ho Chi Minh
City, to be a strong performer due to rising demand from tourists and business
travelers and an extremely limited supply of rooms.



VNL's investment comes at the conclusion of successful negotiations with Omni
Saigon Hotel's foreign-domiciled shareholders. Vietnam Opportunity Fund Limited
(AIM: VOF), another closed-end investment company admitted to trading on the AIM
market and managed by VinaCapital, will be a co-investor and hold a 17.5%
interest in the property. The Company may invite additional co-investors to
participate in this project in the future.
Posted at 19/1/2007 14:15 by grippa
Equity Fund Raising



VinaLand Limited (AIM:VNL) is pleased to announce its intention to raise
approximately US$200,000,000 by way of a limited private offer for subscription
of 145,000,000 new ordinary shares of US$0.01 each (the "Ordinary Shares") at a
price of US$1.38 per share (the "Fund Raising"). The anticipated closing date
for the Fund Raising is 7 March 2007 and an application will be made to admit
the new Ordinary Shares for trading on AIM, currently expected to occur on 23
March 2007. A further announcement will be made upon completion of the Fund
Raising.



There will be a pre-emptive preference for the Company's existing shareholders
who participate in the Fund Raising. In the event subscriptions need to be
scaled back, existing shareholders who participate in the Fund Raising by 26
February 2007 will be guaranteed to receive an allocation of at least one (1)
new Ordinary Share for each two (2) Ordinary Shares held by them on the record
date of 22 January 2007.
Posted at 19/1/2007 11:59 by grippa
Great peice of news...This site is right next to the centre of HCM...I was in HCM city in july last year and saw the port, it is in an amzaing location, right in the heart of the city, prime real estate, and this deal by Vinaland proves just how much ahead of the competition they are in securing something like this. Well done Vinacapital!

19 January 2007


VINALAND LIMITED


VinaLand Announces Investment Agreement with Saigon Port


VinaLand Limited (AIM: VNL), the investment company admitted to trading on the
AIM market of the London Stock Exchange plc, is pleased to announce that it has
signed a preliminary investment agreement with the Saigon Port Company to
redevelop the 23-hectare site that currently houses the main port in District 4.
VinaLand will make a US$11.25 million investment deposit to secure development
rights over the site, and the Saigon Port Company will be responsible for
relocating the port. The agreement will allow VinaLand to initiate feasibility
studies needed to determine the nature and extent of its involvement in future
projects on the site.

Saigon Port has been required to relocate as part of a Government plan to move
Ho Chi Minh City's urban ports to outlying areas, and plans have been made to
re-establish the port in Cai Mep, Ba Ria Province. VinaLand plans to redevelop
the site for mixed-use, including office, hotel, commercial, and residential
projects.


The site is adjacent to the Central Business District and is one of very few
large-scale sites near District 1 with only one occupier. Its riverfront
location and proximity to both the downtown area and the rapidly-developing
Saigon South give it tremendous appeal for a range of potential users.


Peter Dinning, Managing Director of VinaCapital Real Estate, described the
project as "a unique opportunity to create a large, multi-purpose development in
an exclusive location, the value of which will increase as Ho Chi Minh City
develops."



VinaLand is a major stakeholder in another large-scale, mixed-use development
across the river from the new site and the Central Business District, in
District 2. This area is often compared with Shanghai's Pudong New District,
which in the last 15 years has been transformed from farmland into China's
financial hub and a national symbol of economic development.
Posted at 08/11/2006 17:10 by grippa
Good news!!

VINALAND LIMITED

Memorandum of Understanding with the Danang People's Committee

VinaLand Limited ("VinaLand") (AIM: VNL), the investment company listed on the
AIM market of the London Stock Exchange plc, is pleased to announce that it has
agreed the terms of a memorandum of understanding with the Danang People's
Committee to develop a mixed-use property in Danang's up-and-coming Son Tra
district. The nine-hectare development will feature a large retail center,
office and residential space, a five-star hotel, and a new international school.

The first phase of the project is expected to include the construction of the
commercial centers and the international school, followed by the construction of
the residential developments. VinaLand has agreed to pay a non-refundable US$2
million in cash to the Danang People's Committee to secure the project.
VinaLand expects to invest an additional amount of approximately US$22 million
in cash over the next 12 months to secure the necessary investment licenses and
land use rights, plus an additional US$36 million in cash as each phase of the
development is completed over a period of five years. VinaLand estimates the
total development cost to be approximately US$200 million upon completion.

The development site is an excellent location along the Han River, midway
between downtown Danang and China Beach. The development's retail center is
expected to be the first major shopping area in Danang. Peter Dinning, managing
director of VinaCapital Real Estate Limited (development adviser to
VinaCapital), pointed out that Danang receives one-third of the estimated US$5
billion in annual remittances to Vietnam from overseas, and this is driving
demand for international-standard retail outlets.

Danang is a fast-growing city of approximately 800,000 that serves as the
economic hub of Central Vietnam and attracts approximately two million tourists
per year. Like Ho Chi Minh City, Danang has an international airport and
container sea port, and is the focal point of a number of nearby industrial
zones, such as the Dung Quat and Chu Lai economic zones. Danang also serves as
a key stop for tourists visiting the imperial capital of Hue and the popular
city of Hoi An.

This is VinaLand's second property development in Danang; the first being a
golf course, resort, and residential development on China Beach. Mr Dinning
said the project "fits very well with VinaLand's strategy of securing prime
urban development sites for mixed-use projects in Vietnam's key population
centers."
Posted at 18/9/2006 17:02 by grippa
Things starting to look much brighter for VNL, nice to see the share price picking up...Seems the quick flip IPO investors are out, and the longterm investors holding firm.
Posted at 03/8/2006 22:22 by don muang
Don't suppose thier are any shareholder perks i.e. discounted room rates for VOF/VNL shareholders....
Posted at 25/4/2006 15:38 by grippa
VinaLand Announced Significant Real Estate Investment in Ho Chi Minh City

Ho Chi Minh City, Vietnam – April 27, 2006 – VinaCapital, fund manager of the London Stock Exchange AIM listed VinaLand (VNL), is pleased to announce that it has successfully acquired a controlling stake in a multi-purpose development project in District 2, Ho Chi Minh City.

The project which will consist of an office and commercial complex for lease, a residential development of apartments, houses and villas both for sale and for lease as well as entertainment tourism and cultural centres.

The entire development will be situated on a 55-hectare site located only 12 km away from the Central Business District and has a superb setting on the banks of the Saigon River. District 2 which was recently the subject of an International Master Plan competition is a green field area located adjacent to District 1 (Central Business District) and will be connected by a bridge and tunnel which are currently under construction and expected to be completed within eighteen months.

This strategic investment in the area often referred as Shanghai's "Pudong Area" of Ho Chi Minh City represents the fund's commitment to the development of the Second City and will provide upon completion facilities and amenities for over 50,000 people.

VinaCapital and the partners in this project are submitting the application to the government of Vietnam for approval of VinaLand's participation as a new investor. Initial equity committed by VinaLand and the partners to the project is US$28 million and the development cost for the whole project in the next 5 years is expected to exceed US$500 million.



About VinaLand

The VinaLand Fund (VNL) is a US$205 million closed-end fund listed on the London Stock Exchange (AIM) with a market capitalization of US$244 million. The Fund was launched in March 2006 aiming at real estate opportunities in Vietnam. Specifically, VinaLand intends to invest in five property segments: office, retail, residential, industrial and leisure with primary focus on Ho Chi Minh City, a secondary focus on Hanoi and key leisure areas, including Nha Trang, Hoi An, and Danang.

About VinaCapital

VinaCapital Group (www.vinacapital.com) is the largest investment banking and fund management company with unrivalled experience in the emerging Vietnam market. The firm leverages this experience and its strategic relationships to create and deliver investment products, strategic financing, and mergers and acquisitions services.

VinaCapital also acts as the South East Asia office for its sister company, Pacific Alliance Group (PAG), which manages over US$500 million in different pan-Asian funds. VinaCapital employs over 50 professionals and has offices in Ho Chi Minh City and Hanoi.
Posted at 29/3/2006 22:45 by krishall
I'll mark 29th March 2007 in my diary. Presently I've got bid prices of $1.21 for VNL and £1.065 for EEP.

I do think VNL will outperform EEP. As a general observation I've found that companies that are in a specific sub-sector/ smallish geographical area before the relevant sector / area becomes a hot tomato outperform the start-ups (or companies rediscovering themselves) that suddenly discover the new sector /area. So I'm optimistic with VNL (given it's VOF backgroud). However, I had first hand experience of the Thai Baht / stockmarket crash so things can sometimes unexpectedly go very wrong for a while in the region.

As regards EEP, then although they're a start-up, I'm fairly optimistic they'll outperform most other eastern European property funds. They managed to raise the requred funds to float (unlike Bluehouse Accession Property who pulled out of their float a couple of days ago due to insufficient investor interest). I think East European real estate will out perform western Europe equivalents over the coming years. Just as Vietnam real estate is likely to outperform most other south east Asian countries. But eastern European real estate might be more speculative so need to keep an eye open for exit point.
Posted at 29/3/2006 19:53 by grippa
Interesting comparison...VNL now trading at $1.20. Eastern europe has seen huge growth in the past 4-5 years and it would have been great to have invested then...I think Vietnam offers better oppurtunities at the moment, but it will be good to keep an eye on how they both get on. Lets see both share prices on 29 March 2007.
Posted at 24/3/2006 10:16 by grippa
VinaLand Debuts on London Stock Exchange (AIM):
First Publicly Traded Fund Dedicated to Real Estate in Vietnam

Ho Chi Minh City, Vietnam – March 22, 2005 – VinaLand (ticker VNL), a US$205 million fund dedicated to real estate opportunities in Vietnam, today made its debut on the London Stock Exchange (AIM). The fund issued 204,844,779 new ordinary shares at US$1.00 per share, becoming the first publicly traded fund dedicated to property development and investment in Vietnam.

"We are pleased to have listed on the AIM Vietnam's first publicly traded property fund. With the country making great strides in terms of growth and legal reform, we believe that now is the time to capture the real estate opportunities afforded by such progress," stated Horst Geicke, Chairman of VinaLand and Chairman and Co-founder of VinaCapital, the fund's investment management company.

The fund was over six times over-subscribed. "We are immensely pleased with the overwhelming response to our new property fund," said Don Lam, Managing Partner and Co-founder of VinaCapital. "We received subscriptions from both investors in our first fund, who have seen the demonstrated results of VinaCapital's disciplined investment approach, as well as new investors, who believe in the real estate potential of Vietnam's robustly growing economy."

VinaLand will invest in five property sectors: office, retail, residential, industrial and leisure. The fund's primary focus will be Ho Chi Minh City, with a secondary focus on Hanoi and key leisure areas, including Nha Trang, Hoi An, and Danang.

"There is enormous latent demand for property across all sectors. The country's economic growth has given rise to a burgeoning urban middle class with an increased amount of disposable income, putting pressure not only on middle-class residential housing but also limited retail space," said Peter Dinning, Managing Director of VinaCapital's real estate arm. "In addition, Vietnam's increased international exposure is resulting in an influx of tourists, multinational corporations, and manufacturing companies looking for an alternative manufacturing hub. The result is pressure on a limited supply of hotel rooms, office space, and industrial zone space."

"The timing is right for the launch of a fund dedicated to real estate opportunities in Vietnam. The economic, legal and demographic changes occurring now in Vietnam are similar to those that fueled the explosive growth of China's real estate market which began in the late 1990s. In the case of both China and Vietnam, we're looking at the same growth factors: increased disposable income, urbanization, availability of mortgages, and a series of financial, regulatory, and legal reforms spurred by impending WTO accession," continued Dinning.

The launch of VinaLand tops off a series of recent accomplishments for VinaCapital, which achieved high returns for its first fund, the Vietnam Opportunity Fund (+34% in NAV per share; +35% in share price for the year 2005) and organized Vietnam's first international investor conference in December of last year. VOF has achieved the highest liquidity of all funds in Vietnam and the highest and most consistent returns since inception.

About VinaCapital

VinaCapital Group (www.vinacapital.com) is the largest investment banking and fund management company with unrivalled experience in the emerging Vietnam market. The firm leverages this experience and its strategic relationships to create and deliver investment products, strategic financing, and mergers and acquisitions services.

VinaCapital manages the Vietnam Opportunity Fund, a closed-end fund listed on the London Stock Exchange (AIM) with a market capitalization of US$300 million. Since the Fund's inception in September 2003, VOF has achieved attractive risk-adjusted returns through investments in private equity, the listed and OTC markets, privatization of state owned enterprises, and select property developments throughout Vietnam. The VOF portfolio includes shareholdings in industry leaders such as the Kinh Do Corporation, the largest confectionary enterprise in Vietnam, and VinaMilk, the largest dairy products company in Vietnam. VinaCapital's overarching objective is to create and realize value for its investors and clients.



VOF Performance At a Glance

§ Highest returns since inception of all funds in Vietnam[1]: NAV/Share +71%; Share Price +141%

§ Most consistent returns of all funds in Vietnam

§ Highest Liquidity of all funds in Vietnam

§ 2004: Best performing fund in Vietnam, per Rothschild Research

§ 2005: NAV/Share +34% y/y; Share Price +35% y/y; Average Monthly Increase +2.5%; Standard Deviation Monthly Increase 2.1%; No Months Down

§ 2006 YTD: NAV/Share +11%; Share Price +37%

VinaCapital also acts as the South East Asia office for its sister company, Pacific Alliance Group (PAG), which manages over US$400 million in different pan-Asian funds. VinaCapital employs over 50 professionals and has offices in Ho Chi Minh City and Hanoi.
Vinaland share price data is direct from the London Stock Exchange

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