Vinacapital invests in local beverage maker

Vietnam Opportunity Fund managed by VinaCapital Thursday cut a deal to pay US$7.5 million for a 20 percent stake of Ninh Thuan Province’s bird’s nest beverage maker Yen Viet Joint Stock Company. Yen Viet will spend $7 million to upgrade its factory and the remaining amount to develop its brand. For its part, VinaCapital will [...]

VinaCapital announces portfolio in Q1

VinaCapital has recently announced portfolio of its member funds including VOF, VNL and VNI in the first quarter of this year. Till the end of Q1, the total net asset value (NAV) of three member funds reached $1.625 million and the market capitalization at $1.171 million. The report showed five listed firms being included in [...]

VinaCapital wins Asian property awards

VinaCapital, an asset management and real estate development group, says its Ocean Villas luxury residential villas project underway in the central coast city of Danang has won two categories in the 2011 Asia Pacific Property Awards. The group says the category of ‘Best Golf Development’ award recognized the Ocean Villas as an integrated beachfront golf [...]

SW Kingsway Capital acquires 10 pct stake in VinaCapital

SW Kingsway Capital said its indirect wholly-owned subsidiary entered into a conditional Agreement to acquire 10% of the entire issued share capital of VinaCapital Group Limited at HK$149 million. The consideration will be settled as to HK$50 million in cash and HK$99 million by the issuance of about 365 million consideration shares at HK$0.2715 apiece, [...]

VinaCapital to concentrate focus on shopping centres

Assets management company VinaCapital will make retail centres a focus of its property investment activities this year , says CEO Don Lam. During a press briefing on Wednesday, he said demand in this segment was high compared to supply with more popular brands looking to tap the Viet Nam market or widen their presence. The [...]

VinaCapital establishes two new funds in 2011

VinaCapital Group yesterday officially released the group’s business plan in 2011, of which VinaCapital planned to invest $100 million in Cambodian markets via VictoryCapital Co. The purposes of VictoryCapital were to seek and to manage the investment activities in Cambodia, as well as to support Vietnamese companies that would like make investment in Cambodia. VictoryCapital [...]

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