07/03/2007 Indochina Capital Vietnam Holdings Limited join the Main Market
07 March 2007
Exchange welcomes the first Vietnam company to list on its Main Market.
Indochina Capital Vietnam Holdings Limited is a closed-end investment company, which principally invests in Vietnam properties & securities.
Today it became the first Vietnam company to list on the Main Market, raising US$350 million on its admission. Marking the occasion, Indochina Capital Vietnam Holdings Limited, Director, Peter Ryder, opened the London Stock Exchange's markets.
The company aims to achieve medium and long-term capital appreciation, and to generate current income. It will make minority investments, primarily in Vietnamese securities; may invest in companies in any industry sector except certain direct property investments; and may invest using a wide range of investment types including equity securities, debt securities, convertible instruments and, on a limited basis, derivative instruments.