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30 January 2019
VinaLand Limited (the "Company" or "VNL")
On 25 January 2019 the Company announced that all of the Company's property investments have been disposed of, most of the funds received from divestments have been returned to shareholders, and that the Company will prepare its financial statements using the net realisable value approach.
To reduce operating costs leading up to the liquidation of the Company the Board has decided to appoint PricewaterhouseCoopers (PwC) Vietnam as the Company's independent auditor with immediate effect for the period from 1 July 2018 to 30 June 2019.
The information communicated within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014. Upon the publication of this announcement, this inside information is now considered to be in the public domain.
Michael Truong / Joel Weiden
VinaCapital Investment Management Limited
Investor Relations / Communications
+84 28 3821 9930
Grant Thornton UK LLP, Nominated Adviser
+44 (0)20 7383 5100
David Benda / Hugh Jonathan
Numis Securities Limited, Broker
+44 (0)20 7260 1000
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