VNL.L Regulatory News (VNL)

29 Apr 2008 13:20

VinaLand Limited29 April 2008 29 April, 2008 Result of EGM VinaLand Limited VinaLand Limited (the "Company" or "VNL"), the AIM-quoted investment vehicleestablished to target key growth segments within Vietnam's emerging real estatemarket, including residential, office, retail, industrial, and leisure projects,today announces that the following ordinary resolution proposed at today'sExtraordinary General Meeting ("EGM") was duly passed: • that the authorised share capital of the Company be increased toUS$100,000,000 divided into 10,000,000,000 ordinary shares of US$0.01 each bythe creation of 9,500,000,000 ordinary shares of a nominal or par value ofUS$0.01 each. The Company announces that the following special resolutions proposed at today'sEGM were not passed: • the amended memorandum and articles of association produced to the Meeting beadopted as the new amended memorandum and articles of association of the Companyin substitution of, and complete replacement for, the memorandum and articles ofassociation of the Company adopted on 17 February 2006; and • the name of the Company be changed to VinaCapital Vietnam Land Limited. The Company announces that the following ordinary resolution proposed at today'sEGM was not passed: • that the change to the Company's borrowing policy set out in the circular toshareholders of the Company dated 16 April 2008 be approved as the new borrowingpolicy of the Company. Enquiries: Ms Chi Nguyen +84 8 821 9930 VinaCapital Investment Management Limited chi.nguyen@vinacapital.com Investor Relations Philip Secrett +44 20 7383 5100 Grant Thornton Corporate Finance philip.j.secrett@gtuk.com Nominated Adviser Hiroshi Funaki +44 20 7845 5960 LCF Edmond de Rothschild Securities funds@lcfr.co.uk Broker David Cranmer +44 20 7831 3113 Financial Dynamics david.cranmer@fd.com Public Relations Notes to Editors: VinaLand (VNL), is a closed-end property fund listed on the London StockExchange (AIM). The fund focuses on the key growth segments within Vietnam'semerging real estate market, including residential, office, retail, industrial,and leisure projects. The manager's objective is to provide shareholders with anattractive level of income as well as creating a potential for capital growth.The fund is managed by VinaCapital Investment Management, with VinaCapital RealEstate acting as development adviser. www.vinaland-fund.com This information is provided by RNS The company news service from the London Stock Exchange