18th Mar 2020 14:31
(Alliance News) - VietNam Holding Ltd on Wednesday said its interim net asset value return was in line with benchmark index due to a good performance from top investment holdings.
The Vietnam-focused investment company's NAV per share for the six months to end of 2019 increased by 2.0% to USD2.773, in line with total return of 2.0% in the Vietnam All Share Total Return index in USD terms. First half net investment income totalled USD4.4 million versus a USD19.7 million loss.
On coronavirus, the company said its investment manager, Dynam Capital Ltd, has put in robust business continuity plans.
Shares in the investment company were up 1.2% at 130.00 pence each in London on Wednesday afternoon.
By Tapan Panchal; [email protected]
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