VinaLand (VNL)

Business description

VinaLand (VNL) is a closed-end, Cayman Islands-registered, exempted company. Launched in 2006, it has a diversified portfolio of Vietnamese property and property development projects. It is in a cash return period and will seek to realise assets in the existing portfolio and continue with the development of selected projects to maximise value.

Stock data

Market cap.US$225.8m
Last closeUS$0.70
High / Low (52 weeks)US$0.7 / US$0.6
Stock market listingLN
Forecast net debt (m)N/A
Forecast gearing ratio (%)N/A
TeamInvestment Companies
SectorInvestment Companies

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Company news

VinaCapital sells its stake in Century 21's Ho Chi Minh City project

Thu, 12 May 2016 14:05:29 GMT

VinaLand Net Asset Value Rises In First Half After Share Buybacks

Wed, 29 Mar 2017 09:56:15 GMT

VinaCapital to sell Hanoi Metropole stake

Wed, 28 Nov 2012 23:09:01 GMT

Vinaland sells stake in casino

Sat, 12 Sep 2015 02:37:30 GMT

Hong Kong's Chow Tai Fook takes controlling stake in Vietnam's long-stalled ...

Sun, 06 Sep 2015 21:48:10 GMT

Investment summary

VinaLand (VNL) is a closed-end fund set up in 2006 to invest in property development in Vietnam. Following a difficult period for the country’s real estate market, an extraordinary general meeting (EGM) in November 2012 saw shareholders vote in favour of a three-year programme of divestment and realisation, which was extended by a further year at an EGM in November 2015. With the Vietnamese property market now more buoyant, VNL is well advanced towards its 12-month target of $165m of realisations and has recently made a capital distribution of $35m. The fund’s board, in consultation with shareholders and the manager, is continuing to develop options for a new strategy for a new term that would commence at the EGM likely to be held in November 2016.

Last updated on 05/09/2016

Key management

Don Lam, CEO
Andy Ho, MD

Company address

VinaCapital Investment Management Representative Office
17th floor, Sun Wah Tower
115 Nguyen Hue, District 1
Ho Chi Minh City
Vietnam
+00 84 8 3821 9930
View website