Vietnam Infrastructure to purchase and cancel portfolio shares
Vietnam Infrastructure announced its decision to compulsorily repurchase and cancel all of its outstanding Listed Portfolio Shares on AIM.
Equity Investment Instruments
12,095.63
16:38 14/11/24
FTSE AIM All-Share
729.38
16:54 14/11/24
Vietnam Infrastructure Limited Listed Portfolio Shs
$0.36
15:59 17/08/16
Vietnam Infrastructure Limited Private Eqty Shs
$0.00
17:04 09/10/17
The purchase would take place on 17 August, the company said in a statement, with trading to be suspended on 15 August and cancellations effective from 18 August.
The closed-end fund was launched in July 2007 and focuses on investing on key strategic infrastructure and infrastructure-related assets in Vietnam, aiming for some medium-term capital gains together with some recurring income.
On 12 July the company reported a 6.53% month-on-month rise in the net asset value of its listed portfolio shares (VNIL) to reach $0.3571.
Its private equity shares (VNI) on the other lost 11.21% of their net asset value month-on-month to hit $0.2409.