VinaCapital Raises Another US$300 million to VOF

The premier investment, finance and real estate management group VinaCapital has raised another US$400 million for its Vietnam Opportunity Fund (VOF), four times of its initial target.

However, the VOF’s management board decided to receive over US$300 million to raise the net asset of the fund to about US$600 million in accordance with its investment plan.

For the present, VinaCapital, managing the USD545 million Viet Nam Opportunity Fund, is a major shareholder of many top names in Viet Nam such as Kinh Do and Vinamilk.

Investors are longing for its 128 million shares, scheduled to issue at US$2.38 per share.

Vietnam Opportunity Fund (VOF) is listed on the London Stock Exchange (AIM). VOF focuses on the key growth sectors of the domestic economy including financial services, retail, consumer goods, tourism, property, infrastructure, and technology.

By T.Tu - Translated by Hoang Uy

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