13 July 2012
Vietnam Infrastructure Limited (the "Company" or "VNI")
Net asset value
The Company announces that, at its close of business on 30 June 2012, its unaudited net asset value was USD209.6 million or USD0.52 per share. This represents an 8.9 percent increase from a net asset value of USD192.5 million or USD0.48 per share from its close of business on 31 May 2012.
As part of the normal fiscal year end review, the Company has reviewed the carrying values of investments in the portfolio. This resulted in the write up of several private equity holdings based on independent third party valuations. This increase in net asset value was partly offset by the write down of one private equity holding, while the value of the capital markets portion of the portfolio remained reasonably constant during the period.
About the company:
Vietnam Infrastructure Limited (“VNI”) is a closed-end fund trading on the AIM market of the London Stock Exchange. Launched in July 2007, the Company focuses on infrastructure and infrastructure-related assets in Vietnam, including energy, transport, telecommunications, industrial parks and water/environmental utilities.
More information on the Company is available at www.vinacapital.com/vni
VinaCapital Investment Management Limited
+84 8 821 9930
Grant Thornton Corporate Finance, Nominated Adviser
+44 (0)20 7383 5100
LCF Edmond de Rothschild Securities, Broker
+44 (0)20 7845 5960
David Benda / Hugh Jonathan
Numis Securities Limited, Broker
+44 (0)20 7260 1000
FTI Consulting, Public Relations (Hong Kong)
+852 3716 9802
FTI Consulting, Public Relations (London)
+44 (0)20 7269 7204