RCS - VietNam Holding Ltd - Annual Overview from QuotedData

VietNam HoldingAnnouncement

20/12/2023 10:45

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RNS Number : 4756X  VietNam Holding Limited  20 December 2023

 

 

Vietnam Holding Limited- Annual Overview from QuotedData

20(th) December 2023

Bringing you redemption

Vietnam Holding (VNH) continues to provide both a peer group and benchmark
beating performance (it is the top-performing Vietnamese fund in NAV terms
over one, three and five years - see pages 18 to 20) and, aided by Vietnam's
long-term structural growth drivers, its manager continues to see very strong
growth runways for its stocks. Despite this, VNH has, until very recently,
been hampered by a low double-digit discount to net asset value (NAV) that has
been persistent and unjustified (see page 23).

VNH's board is proposing to replace the company's biannual tender offers with
an annual redemption opportunity (see page 24). This would allow shareholders
to exit at fair market value, could narrow the discount and maybe help VNH to
re-expand.

Full Research:

https://quoteddata.com/research/vietnam-holding-limited-bringing-redemption-qd/
(https://quoteddata.com/research/vietnam-holding-limited-bringing-redemption-qd/)

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