REG - VinaCapital Vietnam - Daily Net Asset Value

VinaCapital Vietnam Opportunity FundAnnouncement

06/11/2023 12:00

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20231106:nRSF5030Sa&default-theme=true

RNS Number : 5030S  VinaCapital Vietnam Opportunity Fd.  06 November 2023

VinaCapital Vietnam Opportunity Fund Limited

 

(the "Company" or "VOF")

 

Estimated Daily Net Asset Value ("NAV") - 03 November 2023

 

The Company announces that, as at the close of business on 03 November 2023,
its unaudited, estimated NAV was USD 1,067 million or USD 6.78 per share. The
Sterling equivalent as at that same date was GBP 862 million or GBP 5.47 per
share.

 

The GBP to USD foreign exchange rate that has been applied to this NAV is
1.2284.

 

Disclaimers: The estimated daily 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 daily NAV. The actual month
end NAV in any month may vary from the estimated daily NAVs 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. The Company's
unaudited NAV as at the end of each month is published on or around the 10th
of each month.

 

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

 •    Listed equities are marked-to-market, based on the closing price of the most
      recent trading day, 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 week, 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 most recent trading day 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 daily NAV. The British Sterling
      (GBP) and US Dollar (USD) exchange rates are based on the Bloomberg reference
      rate of the same day.

 

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

 

Enquiries:

 

 Joel Weiden
 Investment Manager - Investor Relations and Communications

 VinaCapital Investment Management Limited
 T: +84 28 3821 9930
 E: joel.weiden@vinacapital.com (mailto:joel.weiden@vinacapital.com)

 Magdala Mullegadoo
 Company Secretary / Administrator

 Aztec Financial Services (Guernsey) Limited
 T: +44 1481 748 814
 E: vinacapital@aztecgroup.co.uk (mailto:vinacapital@aztecgroup.co.uk)

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, 2020 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 contains information that is inside information
for the purposes of the UK version of the Market Abuse Regulation (EU) No.
596/2014 which is part of UK law by virtue of the European Union (Withdrawal)
Act 2018 (as amended and supplemented from time to time).

 

 

 

 

 

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
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  NAVBFBBTMTBMBLJ