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Notice of investor conference call

7 Jun 2012 10:15

RNS Number : 8797E
VinaLand Limited
07 June 2012
 



RNS Reach

7 June 2012

VinaLand Limited

Notice of investor conference call

VinaLand Limited ("VNL" or the "Company"), the AIM-quoted investment vehicle established to target strategic segments within Vietnam's emerging real estate market, announces that its Investment Manager, VinaCapital Group, will hold a conference call to update investors on VNL and its other AIM listed funds on 18 June 2012 at 17:00 Hong Kong time.

 

VinaCapital CEO Don Lam, Fund Managing Directors Andy Ho and Tony Hsun and Fund Deputy Managing Director David Blackhall will update investors on the current economic and investment climate in Vietnam, as well as the recent performance of the three VinaCapital managed AIM listed funds: VinaCapital Vietnam Opportunity Fund (VOF), VinaLand Limited (VNL) and Vietnam Infrastructure Fund (VNI). A Q&A session will follow the fund updates.

 

During the first quarter of 2012, Vietnam has seen GDP growth slip to 4.0 percent, its lowest level in over two years. According to Vietnam's General Statistics Office (GSO), inventory levels of unsold goods, specifically within the consumer goods and industrial manufacturing sectors, increased 29 percent in May from a year ago. As a result, Vietnam's PMI index fell to 48.3 percent in May, the lowest level in three months.

 

However, year-to-date CPI levels have receded to just 2.8 percent, representing an annual inflation rate of 8.3 percent from last year. Despite the removal of subsidies in fuel and electricity, food price increases have moderated substantially all year, significantly easing the economic pressures of high inflation from the last two years. As a result, capital markets have responded well, with the VN Index up approximately 23 percent over the first five months of the year, all while valuations continue to be attractive, with the index trading at a trailing PE of 9.8x.

 

Don Lam, VinaCapital CEO, said: ""Interest in investment opportunities throughout Vietnam have grown as macroeconomic stability improved over the past six months. The country now has a solid foundation in which to build upon, without the negative impact high inflation and foreign exchange rate risk."

 

VinaCapital welcomes all Fund investors to join the conference call. Provided below are participant call-in numbers, including the toll free numbers available for many countries.

 

Call details:

·; Participants dialling long distance or with no international toll free access: +852 2112 1888 (Hong Kong toll) or +44 (0203) 024 5279 (London toll)

·; The conference call will occur at 17:00 Hong Kong time on 18 June 2012

·; Participants will be asked to provide the confirmation code, full name, company and country.

·; The confirmation code is 8517018#

·; Please dial in 5-10 minutes before the scheduled start time.

 

Participant international toll free dial in numbers:

 

Location

Access number

Hong Kong (Auto)

 (852) 2112 1888

Amsterdam Access

 31 20 794 7985

Australia toll free

 1 800 007 642

Belgium Toll Free

 0800 773 62

Boston Access

 1 857 207 3822

Copenhagen Access

 45 327 277 15

Germany toll free

 0800 182 0585

Japan toll free

 00 531 490 020

Kuala Lumpur Access

 + 60 3 6207 4051

London Access

 +44 (0203) 024 5279

Luxembourg Access

 35 220 881 173

Malaysia toll free

 1 800 808 229

Netherlands toll free

 0800 022 7430

New York Access

 +1 (212) 444 0378

San Francisco Access

 1 650 360 0173

Seoul Access

 +82 2 3483 1262

Singapore Access

 + 65 6622 1172

Singapore toll free

 800 492 2081

South Korea toll free

 00 308 140 558

Taiwan toll free

 00 801 32 3235

Thailand toll free

 001 800 852 7450

Tokyo Access

 +81 03 5767 9336

UK toll free

 0800 032 2849

US toll free

 1 866 213 0992

US toll free

 1 866 226 1406

Washington DC Access

 1 202 559 6484

Zurich Access

 41 43 456 9554

 

The conference call will be recorded and available for replay until 30 days after the event.

 

Replay details:

·; Investors dialling- long distance or with no international toll free access: +852 2112 1555

·; Passcode: 646901#

 

Location

Access Number

Hong Kong

 (852) 2112 1555

Japan Toll Free

 00 531 490 018

Korea Toll Free

 00 308 140 311

Malaysia Toll Free

 1 800 805 232

Singapore Toll Free

 800 492 2082

Singapore Toll Free

 800 492 2101

Taiwan Toll Free

 0080 1 854 000

UK Toll Free

 0800 032 9769

US Toll Free

 1 800 618 4792

 

Notes to Editors:

About VinaCapital Group

VinaCapital is a leading investment management and real estate development firm in Vietnam, with a diversified portfolio of USD1.6 billion in assets under management. VinaCapital was founded in 2003 and boasts a team of managing directors who bring extensive international finance and investment experience to the firm. Our mission is to produce superior returns for investors by using our experience and knowledge to identify the key trends and opportunities that emerge as Vietnam continues to develop its economy. To achieve this, VinaCapital has industry-leading asset class teams covering capital markets, private equity, fixed income, venture capital, real estate and infrastructure.

VinaCapital manages three closed-end funds trading on the AIM Market of the London Stock Exchange. These funds are: VinaCapital Vietnam Opportunity Fund Limited (VOF), VinaLand Limited (VNL), and Vietnam Infrastructure Limited (VNI). VinaCapital also co-manages the DFJ VinaCapital L.P. technology venture capital fund with Draper Fisher Jurvetson.VinaCapital has offices in Ho Chi Minh City, Hanoi, Danang, Nha Trang, Phnom Penh (Cambodia) and Singapore. More information about VinaCapital is available at www.vinacapital.com

Enquiries:

David DropseyVinaCapital Investment Management LimitedInvestor Relations/Communications+84 8 821 9930david.dropsey@vinacapital.com

Philip Secrett

Grant Thornton Corporate Finance, Nominated Adviser

+44 (0)20 7583 5100

philip.j.secrett@uk.gt.com

 Hiroshi FunakiLCF Edmond de Rothschild Securities, Broker+44 20 7845 5960funds@lcfr.co.uk

David Benda / Hugh JonathanNumis Securities Limited, Broker+44 (0)20 7260 1000Mark WaltersFTI Consulting, Public Relations (Hong Kong)+852 3716 9802mark.walters@fticonsulting.com

Andrew WaltonFTI Consulting, Public Relations (London)+44 (0)20 7269 7204andrew.walton@fticonsulting.com

 

 

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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