VinaCapital Vietnam Opportunity Fund Ltd. (VOF)

Sector:

Investment Firms

Index:

FTSE 250

329.00p
   
  • Change Today:
      2.00p
  • 52 Week High: 357.50p
  • 52 Week Low: 323.00p
  • Currency: UK Pounds
  • Shares Issued: 182.49m
  • Volume: 116,527
  • Market Cap: £600.38m
  • RiskGrade: 56

VinaCapital Vietnam Opportunity Fund invests in Orient Commercial Bank

By Ikaba Koyi

Date: Thursday 19 Oct 2017

LONDON (ShareCast) - (ShareCast News) - VinaCapital Vietnam Opportunity Fund, the flagship fund of VinaCapital, has invested approximately $11m in Orient Commercial Bank, for an interest of less than 5%, the company announced on Thursday.
Investment in the mid-tier retail bank in Vietnam, established in 1996 and currently ranking 17th out of 34 banks in total assets, was made via a privately negotiated deal, the company said, adding that it had recently received regulatory approval.

Andy Ho, managing director of VinaCapital Vietnam Opportunity Fund, said, "This investment is a rare opportunity to own a meaningful stake in a bank that has high lending and earnings growth, and a strong management team with a clear strategy for expansion. Over the past five years, OCB has been restructuring its business, and is now well-positioned to implement its growth strategy. In addition to negotiating an attractive price, we were able to obtain certain minority protections and performance commitments, which made this transaction all the more attractive."

Email this article to a friend

or share it with one of these popular networks:


Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

VOF Market Data

Currency UK Pounds
Share Price 329.00p
Change Today 2.00p
% Change 0.61 %
52 Week High 357.50p
52 Week Low 323.00p
Volume 116,527
Shares Issued 182.49m
Market Cap £600.38m
RiskGrade 56

VOF Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
30.81% above the market average30.81% above the market average30.81% above the market average30.81% above the market average30.81% above the market average
48.66% above the sector average48.66% above the sector average48.66% above the sector average48.66% above the sector average48.66% above the sector average
Price Trend
15.77% above the market average15.77% above the market average15.77% above the market average15.77% above the market average15.77% above the market average
65.12% below the sector average65.12% below the sector average65.12% below the sector average65.12% below the sector average65.12% below the sector average
Income
48.25% above the market average48.25% above the market average48.25% above the market average48.25% above the market average48.25% above the market average
92.28% below the sector average92.28% below the sector average92.28% below the sector average92.28% below the sector average92.28% below the sector average
Growth
30.18% above the market average30.18% above the market average30.18% above the market average30.18% above the market average30.18% above the market average
10.78% below the sector average10.78% below the sector average10.78% below the sector average10.78% below the sector average10.78% below the sector average

VOF Dividends

  Latest Previous
  Final Interim
Ex-Div 31-Oct-19 04-Apr-19
Paid 13-Dec-19 26-Apr-19
Amount 5.50¢ 5.50¢

Trades for 21-Jan-2020

Time Volume / Share Price
16:35 238 @ 329.00p
16:35 46,453 @ 329.00p
16:29 1 @ 327.50p
16:24 661 @ 327.77p
16:01 3,000 @ 328.25p

VOF Key Personnel

Chair Steven Andrew Ralph Bates

Top of Page