Estimated Daily Net Asset Value - Replacement
Source: RNSThis announcement is a replacement for one released on 01 April 2020 at 10:30am under RNS number 3975I. The following amendment has been added:
"Please note that no Daily NAV announcement will be made on 02 April 2020 as the Vietnam's stock markets are closed for business on the occasion of Hung Kings' Festival."
All other details remain unchanged.
The full amended text is shown below.
For immediate release
VietNam Holding Limited ("VNH" or the "Company")
Estimated Daily Net Asset Value (NAV)
Please note that no Daily NAV announcement will be made on 02 April 2020 as the Vietnam's stock markets are closed for business on the occasion of Hung Kings' Festival.
The Company announces that, at its close of business on 01 Apr 2020 its Estimated NAV was USD 94.3 million or USD 1.855 per share and GBP 76.4 million or GBP 1.503 per share (GBP/USD = 1.2343).
Change in position as at 01 Apr 2020:
|
|
NAV per share (USD) |
Vietnam All Share Index (USD) |
|
Daily |
2.3% |
2.7% |
|
Calendar month-to-date |
2.3% |
2.7% |
|
Calendar year-to-date |
-33.1% |
-29.5% |
|
5-year CAGR |
-1.5% |
0.6% |
|
10-year CAGR |
2.5% |
-0.6% |
Daily performance is calculated by reference to the previous day NAV/share and VNAS (Vietnam All Share Index). Calendar month-to-date performance is calculated by reference to NAV/share and VNAS as at 31 Mar 2020. Calendar year-to-date performance is calculated by reference to NAV/share and VNAS at the previous calendar year end (31 Dec 2019). 5-year CAGR (compound annual growth rate) is calculated by reference to NAV/share and VNAS as at 1 Apr 2015. 10-year CAGR is calculated by reference to NAV/share and VNAS as at 1 Apr 2010. VNAS is sourced from Bloomberg, which uses back-tested positions for VNAS for before 27 Jan 2014 as released by HoSE (Ho Chi Minh City Stock Exchange).
The Estimated Daily NAV stated in this announcement is based on estimated valuations and accordingly the Company accepts no responsibility for the accuracy of the Estimated Daily NAV figure given, and neither is any responsibility implied. The actual month end NAV in any month may vary from the Estimated Daily NAV provided in the relevant month. Accordingly, no reliance should be placed on the Estimated Daily NAV and it has been provided for indicative purposes only.
More information on the Company is available at www.vietnamholding.com
Craig Martin
Tel.: +84 28 38277 590
Dynam Capital Limited
https://www.dynamcapital.com
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