For immediate release
VietNam Holding Limited ("VNH" or the "Company")
Estimated Daily Net Asset Value (NAV)
On 01 Oct 2024, the Company set aside approximately USD 18.6 million in cash, representing an estimated amount of 12.6% of the total Ordinary Shares in issue, being validly tendered for redemption, which will be paid to redeeming shareholders later this month.
The Company announces that, at its close of business on 01 Oct 2024 its Estimated NAV was USD 129.0 million or USD 5.449 per share and GBP 96.8 million or GBP 4.087 per share (GBP/USD = 1.3333).
Change in position as of 01 Oct 2024:
| | NAV per share (USD) | Vietnam All Share Index (USD) |
| Daily | 0.0% | 0.2% |
| Calendar month-to-date | 0.0% | 0.2% |
| Calendar year-to-date | 21.3% | 15.3% |
| 1-year | 24.9% | 14.7% |
| 3-year CAGR | 5.4% | -3.0% |
| 5-year CAGR | 13.1% | 7.4% |
| 10-year CAGR | 9.7% | 6.9% |
| 15-year CAGR | 8.4% | 3.6% |
| Since inception CAGR | 5.9% | N/A |
Daily performance is calculated by reference to the previous day NAV/share and VNAS (Vietnam All Share Index). Calendar month-to-date performance is calculated by reference to NAV/share and VNAS as at 30 Sep 2024. Calendar year-to-date performance is calculated by reference to NAV/share and VNAS at the previous calendar year end (29 Dec 2023). 1-year performance is calculated by reference to NAV/share and VNAS as at 01 Oct 2023. 3-year CAGR (compound annual growth rate) is calculated by reference to NAV/share and VNAS as at 01 Oct 2021. 5-year CAGR is calculated by reference to NAV/share and VNAS as at 01 Oct 2019. 10-year CAGR is calculated by reference to NAV/share and VNAS as at 01 Oct 2014. 15-year CAGR is calculated by reference to NAV/share and VNAS as at 01 Oct 2009. Since inception CAGR is calculated by reference to NAV/share as at 30 Jun 2006. VNAS is sourced from Bloomberg, which uses back-tested positions for VNAS for before 27 Jan 2014 as released by HoSE (Ho Chi Minh City Stock Exchange).
The Estimated Daily NAV stated in this announcement is based on estimated valuations and accordingly the Company accepts no responsibility for the accuracy of the Estimated Daily NAV figure given, and neither is any responsibility implied. The actual month end NAV in any month may vary from the Estimated Daily NAV 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.
More information on the Company is available at www.vietnamholding.com
Craig Martin
craig@dynamcapital.com
Tel.: +84 28 38277 590
Dynam Capital Limited
https://www.dynamcapital.com
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