14th Jun 2017 12:16
14 June 2017
Vietnam Infrastructure Limited (the "Company")
Net asset value
The Company announces that, as at its close of business on 31 May 2017, its unaudited net asset value was USD12.8 million or USD0.0365 per share*. This represents a 1.1% decrease from a net asset value per share of USD0.0369 from its close of business on 30 April 2017.
* The NAV has been calculated using the net realisable value approach, which the manager believes provides the best estimate of the amount of cash that will be returned to shareholders prior to the liquidation of the Company. This approach takes into account the Company's current cash holding, expected future receipts from divestments, and expected future payments for costs incurred up to and including the Company's liquidation. The actual amount of cash returned to shareholders will inevitably differ from this estimate, however the manager does not expect any material variation from this estimate unless there is a delay in the liquidation of the Company or unforeseen liquidation costs and/or liabilities arise on warranties and indemnities given in relation to investments sold over the last 12 months
More information on the Company is available at www.vinacapital.com/vni
Enquiries:
Jenny Nguyen
VinaCapital Investment Management Limited
Investor Relations
+84 8 3821 9930
Joel Weiden
VinaCapital Investment Management Limited
Communications
+84 8 3821 9930
Philip Secrett
Grant Thornton UK LLP, Nominated Adviser
+44 (0)20 7383 5100
David Benda / Hugh Jonathan
Numis Securities Limited, Broker
+44 (0)20 7260 1000
Related Shares:
Vietnam Infrastructure