30th Mar 2015 12:09
LONDON (Alliance News) - Vietnam Infrastructure Ltd on Monday said its net asset value rose in the first half of its financial year, primarily due to the restructuring of the fund.
The company, which is managed by VinaCapital and invests in infrastructure assets in Vietnam, said its net asset value rose to USD211.7 million in the six months to the end of December, or USD0.60 per share. That compares to a USD0.56 net asset value at the end of December 2013.
The increase in NAV was partly driven by the performance of its equity portfolio and also due to the restructuring of the company in November.
Shares in Vietnam Infrastructure were down 1% to 0.4775 pence on Monday.
By Sam Unsted; [email protected]; @SamUAtAlliance
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