DGAP-News: VietNam Holding Ltd releases its 2011 Interim Report
(firmenpresse) - DGAP-News: Vietnam Holding Ltd / Key word(s): Half Year Results
VietNam Holding Ltd releases its 2011 Interim Report
23.02.2011 / 13:12
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VietNam Holding Ltd releases its 2011 Interim Report
VietNam Holding (VNH) is pleased to announce the release of its interim
report for the six month period ending 31 December 2010.
Highlights:
- Sustainable growth of Vietnamese economy
- Financial analysis enhanced by pro-active engagement and sustainability
research
- Increase of VNH's Share Price in 2H2010: 25%
- Reduction of VNH's Share Price Discount to NAV: 20%
Excerpts from Min-Hwa Hu Kupfer's, the VNH Chairperson's statement:
'The second half of 2010 was another rewarding period for VietNam Holding,
despite the general lethargy shown by Vietnam's two equity markets during
this period. The Company's net asset value (NAV) declined 5%, from USD 1.41
to USD 1.34 per share, broadly in line with the VNI index's performance,
and well ahead of the HNX index. However, the Company's share price rose
25% over the period, from USD 0.925 to US$ 1.158 per share. As a result,
the Company's discount of share price to NAV contracted from 34% to 13%.'
The report is available for download from the Company's website
www.vietnamholding.com and printed copies can be ordered at
InvestorRelations(at)vnham.com
About VietNam Holding Ltd
VietNam Holding (VNH) is an investment company listed since October 2008 in
the Entry Standard of the Frankfurt Stock Exchange and since June 2006 in
AIM, London Stock Exchange. The company's diversified investment portfolio
is managed by VietNam Holding Asset Management Ltd, an investment
management firm with offices in Hanoi, Ho Chi Minh City and Zurich. VNH is
a value investor, incorporating environmental, social and corporate
governance (ESG) factors in its investment analysis and decision-making
process. Through its VietNam Holding Forum events, VNH promotes acceptance
and implementation of sustainable investment principles in Vietnam.
For further information please contact:
VietNam Holding Asset Management (Switzerland) Ltd.
Gyentsen Zatul
Investor Relations Manager
Gartenstrasse 19
8002 Zurich, Switzerland
Tel. +41 (0) 43 500 2810
gyentsen.zatul(at)vnham.com
www.vietnamholding.com
End of Corporate News
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113192 23.02.2011
Datum: 23.02.2011 - 13:12 Uhr
Sprache: Deutsch
News-ID 33283
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