8 Mar 2007 08:20
VinaLand Limited08 March 2007 VinaLand Limited("VNL" or the "Company") 8 March 2007 Closing of fundraising The Board of Directors would like to announce the closing of the Company'ssecond round of fundraising. Due to the response received, the Directors havedecided to increase the size of the proposed fundraising to approximately US$350million. This will involve the issue of approximately 253,623,188 new ordinaryshares at US$1.38 per share. A further announcement to clarify the amount raised will be made once all fundshave been received from investors. Should you require more information about the fundraising, please contact one ofthe following persons: Ms. Chi NguyenInvestor RelationsPhone: 84 8 821 9930Direct: 84 8 827 8258Email: chi.nguyen@vinacapital.com Mr. Philip SecrettGrant Thornton Corporate FinancePhone: 0870 991 2578 Mr. Hiroshi FunakiLCF Rothschild Securities LimitedPhone: +44 (0) 207 845 5900 This information is provided by RNS The company news service from the London Stock Exchange