27 Nov 2009 10:08
27 November 2009
Vinaland Limited
Holdings in Company
Vinaland Limited ("VNL" or "the Company"), an AIM-traded investment company with a primary focus on real estate investment within Vietnam's emerging market, announces that VinaCapital Vietnam Opportunity Fund Limited ("VOF"), an AIM-traded closed-end fund established to target key growth segments also managed by VinaCapital Investment Management Limited, has today notified the Company, that on 24 November 2009, VOF purchased 4,500,000 ordinary shares of US$0.01 in the Company ("Ordinary Shares").
As a result of this transaction, VOF is interested in 22,143,126 Ordinary Shares which represents 4.43 percent of VNL's total voting rights.
For more information please contact:
| Ms Chi Nguyen VinaCapital Investment Management Limited Investor Relations | +84 8 821 9930 chi.nguyen@vinacapital.com |
| Philip Secrett Grant Thornton Corporate FinanceNominated Adviser | +44 20 7383 5100 philip.j.secrett@gtuk.com |
| Hiroshi Funaki LCF Edmond de Rothschild Securities Broker | +44 20 7845 5960 funds@lcfr.co.uk |
| Alastair Hetherington Financial Dynamics (Hong Kong) | +852 (3716) 9802 alastair.hetherington@fd.com |
| Andrew Walton Financial Dynamics (London) | +44 20 7831 3113 andrew.walton@fd.com |
Notes to Editors:
VinaCapital Group is a leading asset management, investment banking and real estate consulting firm with unrivalled experience in the Vietnamese market. VinaCapital Group was founded in 2003 and has grown from a single USD10 million fund to a diversified investment firm with over USD1.8 billion in assets under management as of October 2009.
VinaCapital Investment Management Ltd manages three closed-end funds trading on the AIM Market of the London Stock Exchange. These are:
Vietnam Opportunity Fund (VOF) is a USD833 million diversified investment fund that has consistently been among the top performing Vietnam funds.
VinaLand Limited (VNL) is a USD655 million real estate fund that was the top performing Vietnam investment fund in 2008.
Vietnam Infrastructure Limited (VNI) is a USD265 million fund established in July 2007 as the first overseas fund to invest solely in Vietnam's infrastructure sector.
VinaCapital also co-manages the USD32 million DFJ VinaCapital technology venture capital fund with Draper Fisher Jurvetson, and owns a dominant stake in VinaSecurities JSC, a brokerage. More information is available at www.vinacapital.com.
More information on VNL is available at www.vinacapital.com/vnl.