VinaCapital
Vietnam Opportunity Fund Limited
(the "Company"
or "VOF")
Estimated Daily
Net Asset Value ("NAV") - 04 July 2024
The Company announces that, as at the close of
business on 04 July 2024, its unaudited, estimated NAV was USD
1,188 million or USD 7.83 per share. The Sterling equivalent as at
that same date was GBP 931 million or GBP 6.13 per
share.
The GBP to USD foreign exchange rate that has
been applied to this NAV is 1.2761.
Disclaimers: The estimated daily NAV stated in this announcement has been
prepared by the Administrator and reviewed by the Investment
Manager, and is based on estimated valuations and, accordingly, the
Company accepts no responsibility for the accuracy of the estimated
daily NAV. The actual month end NAV in any month may vary from the
estimated daily NAVs provided in the relevant month. Accordingly,
no reliance should be placed on the estimated daily NAV and it has
been provided for indicative purposes only. The Company's unaudited
NAV as at the end of each month is published on or around the 10th
of each month.
The estimated daily NAV is prepared
based on the following valuation guidelines:
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Listed equities are marked-to-market,
based on the closing price of the most recent trading day, provided
by the Vietnam stock exchanges (the Ho Chi Minh Stock Exchange and
the Hanoi Stock Exchange).
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Unlisted securities include
over-the-counter (OTC) traded securities and unlisted securities
publicly traded on the Unlisted Public Companies Market (UPCOM) of
the Hanoi Stock Exchange. These holdings are marked-to-market on
the same basis as listed equities. Where this valuation approach is
not available, unlisted securities valuations are based on the
average of up to three independent broker quotes for the last
trading day of the prior week, or where these are unavailable, the
last available price.
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Non-publicly traded investments,
including private equity and direct real estate investments are
valued based on the last available valuation as approved by the
Audit Committee, which may be adjusted for any impairment, loss
ordisposal.
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The valuation of cash positions is
based on cash in the Company's bank accounts at the close of the
most recent trading day and is adjusted for receivables and
accruals.
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The Vietnam Dong (VND) foreign
exchange rate is the daily reference rate provided by Vietcombank
as of the date of the daily NAV. The British Sterling (GBP) and US
Dollar (USD) exchange rates are based on the Bloomberg reference
rate of the same day.
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Further information is available on the
Company's website at: https://vof.vinacapital.com/
Enquiries:
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Joel Weiden
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Investment Manager - Investor Relations and
Communications
VinaCapital Investment Management
Limited
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T: +84 28 3821 9930
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E: joel.weiden@vinacapital.com
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Magdala Mullegadoo
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Company Secretary / Administrator
Aztec Financial Services (Guernsey)
Limited
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T: +44 1481 748 814
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E: vinacapital@aztecgroup.co.uk
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1. References
to VOF or the Company in this announcement shall mean
VinaCapital Vietnam Opportunity Fund Limited, a non-cellular
company incorporated in the Bailiwick of Guernsey under The
Companies (Guernsey) Law, 2008, with registered number 61765. It is
authorised by the Guernsey Financial Services Commission (reference
number 2268242) as a registered closed-ended investment scheme
under The Protection of Investors (Bailiwick of Guernsey) Law, 2020
and in compliance with the Registered Collective Investment Scheme
Rules, as amended.
2. The
registered office address of the Company is East Wing, Trafalgar
Court, Les Banques, St Peter Port, Guernsey, Channel Islands, GY1
3PP.
3. This
announcement contains information that is inside information for
the purposes of the UK version of the Market Abuse Regulation (EU)
No. 596/2014 which is part of UK law by virtue of the European
Union (Withdrawal) Act 2018 (as amended and supplemented from time
to time).