31 August 2010
Notice of investor conference call
VinaCapital Group, the leading asset management, investment banking and real estate firm focused on Vietnam, announces that an investor conference call will be held on 6 September 2010 at 19:00 Hong Kong time.
VinaCapital CEO Don Lam and fund managing directors Andy Ho, David Henry and Tony Hsun will update investors on the current economic and investment climate in Vietnam, and on the recent performance of the three VinaCapital-managed AIM-traded funds (VOF, VNL and VNI). A Q&A session will follow the fund updates.
Vietnam over the first half of 2010 has seen GDP growth of 6.2 percent, with corporate earnings growth strong at 12-15 percent on average, and a market valuation of around 10x PE 2010. This positive investment climate is tempered somewhat by inflation and foreign exchange concerns, and a tight credit environment that has resulted in a flat stock market.
“The sentiment on the ground in Vietnam is very positive, and Vietnam can reasonably expect GDP growth of over 6.5 percent for 2010,” says Don Lam, VinaCapital CEO.
“Our fund managers are operating in an excellent environment for private equity deals, as more companies look for strategic investment as they prepare to list. In real estate, the residential housing market remains strong, and the hospitality and tourism market is recovering quickly,”
VinaCapital welcomes all fund investors to join the conference call. Claire Heathfield of LCF Edmond de Rothschild will moderate the event. Provided below are participant call-in numbers, including the toll free numbers available for many countries.
Participants dialling long distance or with no international toll free access: +1-719-325-2240. (Toll free numbers are listed below.)
The conference call will be recorded and available for replay until 30 days after the event. A transcript of the call will be posted on the fund websites: www.vinacapital.com/vof, www.vinacapital.com/vnl and www.vinacapital.com/vni.
Participant international toll-free dial in numbers:
CHINA, Southern 10 800 120 0046
CHINA, Northern 10 800 712 0046
FRANCE 0 800 904 971
GERMANY 0 800 181 9013
HONG KONG 800-968103
INDIA 000 8001007369
INDONESIA 001 803 017 1058
ITALY 800 870 028
PHILIPPINES 1 800 1 110 1033
NEW ZEALAND 0800 440613
SOUTH AFRICA REPUBLIC 080 09 82089
SOUTH KOREA 00798-14-800-4371
THAILAND 001 800 12 066 3150
TAIWAN 00 801 126 795
UNITED KINGDOM 0 800 404 7656
Notes to Editors:
VinaCapital Group is a leading asset management, investment banking and real estate consulting firm with unrivalled experience in the Vietnamese market. VinaCapital Group was founded in 2003 and has grown from a single USD10 million fund to a diversified investment firm with USD1.8 billion in assets under management as of July 2010.
VinaCapital manages three closed-end funds trading on the London Stock Exchange's Alternative Investment Market (AIM). These are: VinaCapital Vietnam Opportunity Fund (VOF); VinaLand Limited (VNL); and Vietnam Infrastructure Limited (VNI). VinaCapital also co-manages the DFJ VinaCapital technology venture capital fund with Draper Fisher Jurvetson. More information is available at www.vinacapital.com.
Michael L. Gray
VinaCapital Investment Management Limited
+84 8 821 9930
Grant Thornton Corporate Finance, Nominated Adviser
+44 20 7383 5100
LCF Edmond de Rothschild Securities, Broker
+44 20 7845 5960
Financial Dynamics, Public Relations (Hong Kong)
+852 3716 9802
Financial Dynamics, Public Relations (London)