WINNERS & LOSERS: Segro rejects latest Prologis bid
(Alliance News) - The following are the leading risers and fallers among FTSE 100 and 250 index constituents on Monday. Read More
(Alliance News) - The following are the leading risers and fallers among FTSE 100 and 250 index constituents on Monday. Read More
Vietnam Enterprise Investments Ltd - Ho Chi Minh City, Vietnam-based investment fund - Says its tender offer for up to 10% of issued share capital was oversubscribed. Company says 96.3 million shares were validly tendered by the July 6 deadline, representing 70% of issued shares. Of those, 73.0 million shares were tendered under the cash exit option, while 23.3 million shares were tendered under the in specie option. Company adds that the tender price will be set at a 2.5% discount to adjusted net asset value as at the July 8 calculation date. Read More
(Alliance News) - Vietnam Enterprise Investments Ltd on Wednesday named Simon Davies as its next chair, succeeding Charles Cade. Read More
Vietnam Enterprise Investments Ltd - invests in listed equities in Vietnam - Files 2025 annual report and calls annual general meeting for June 25. Notes that net asset value per share on December 31 of USD12.11 and GBP9.14 represents at 25% NAV total return in US dollar terms and 16% in sterling terms last year. This is short of the 39% rise of the Vietnam index in dollar terms and 29% in sterling terms. The investment trust's share price total return, however, is a closer 36% in dollar terms and 30% in sterling terms, as the discount to NAV narrows. Read More
(Alliance News) - Stock prices in London closed lower on Monday, but the FTSE 100 steadily pared earlier losses throughout the day as investors mulled the impact of the ongoing war in the Middle East on inflation and interest rates. Read More
Vietnam Enterprise Investments Ltd - investor in listed equities in Vietnam - Chair Sarah Arkle steps down as a director with immediate effect following the completion of the company's tender offer announced in December. Senior Independent Director Charles Cade becomes interim chair pending the appointment of a permanent replacement. Cade has more than 30 years' experience in the investment company sector and is also chair of Temple Bar Investment Trust. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Friday and not separately reported by Alliance News: Read More
(Alliance News) - Index provider FTSE Russell on Tuesday said it expects to reclassify Vietnam as a 'secondary emerging' market, upgraded from 'frontier', and raised Greece to a 'developed' market. Read More
(Alliance News) - Vietnam Enterprise Investments Ltd on Monday said interim trading was characterised by strong domestic momentum in Vietnam, but with periods of externally-linked volatility, as its net asset value per share edged higher and discount narrowed. Read More
(Alliance News) - London's FTSE is set to open lower on Monday, following a rate hold by China's central bank and the risk of heightened geopolitical tensions following the recognition of a Palestinian state by the UK, Australia, Canada and Portugal over the weekend. Read More
(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced this week and not separately reported by Alliance News: Read More
(Alliance News) - Vietnam Enterprise Investments Ltd on Thursday says some shareholders voted in favour of winding the company up by mistake at its recent annual general meeting. Read More
Vietnam Enterprise Investments Ltd - invests in listed equities in Vietnam - Net asset value rises 12.2% in dollar terms and 14.3% in sterling terms in 2024, outperforming the Vietnam index, which rises by 8.8% and 10.8%, respectively. The share price also rises during 2024, though not by as much, causing the discount to NAV to widen to 21.2% from 18.1%. Since the start of 2025, the company's share price has fallen due to the announcement of trade tariffs by the US, which initially fell heavily on Vietnam. Read More
(Alliance News) - Vietnam Enterprise Investments Ltd on Friday said it is introducing a five-year performance-related conditional tender offer. Read More
(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced on Monday and Tuesday and not separately reported by Alliance News: Read More
(Alliance News) - Vietnam Enterprise Investments Ltd on Thursday announced that a steadily growing Vietnamese economy contributed to its improvement in net asset value. Read More
Vietnam Enterprise Investments Ltd - invests in listed equities in Vietnam - Net asset value per share on March 28, the last trading day of the first quarter, is USD9.60, up 11% from the end of the fourth quarter of 2023, compared to a 12% rise for reference index, the Vietnam index. Total NAV is USD1.9 billion. The share price rises just 5.3% over the first quarter, causing its discount to NAV to widen to 22% at the end of March from 18% at the end of December. VEIL's largest portfolio holding is materials and natural resources group Hoa Phat. This is followed by three banks - Asia Commercial Bank, Vietnam Prosperity Bank and Vietcombank. Read More