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IN BRIEF: VinaCapital Vietnam Says Asia Investment Sells Shares

Tue, 17th Nov 2020 21:34

VinaCapital Vietnam Opportunity Fund Ltd - investment company - Says Asia Investment & Finance Ltd, a subsidiary of VinaCapital Group, sold 855,000 shares at a price of 350 pence per share. The shares which have been sold were purchased by investment manager using incentive fees received in previous years and have been held for over 12 months, as required by the investment management agreement. Investment manager continues to maintain a 1.0% beneficial interest in the company.

Current stock price: 362.00 pence

Year-to-date change: up 7.7%

By Arvind Bhunjun; arvindbhunjun@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

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