Management Change at Investment Manager

RNS Number : 9659O

VietNam Holding Limited

13 August 2014

 



VietNam Holding Limited

Management Change at Investment Manager

VietNam Holding Limited (the "Company") announces that Mr. Pham Ngoc Bich, Chief Executive Officer of its investment manager, VietNam Holding Asset Management, Ltd. ("VNHAM"), has tendered his resignation and will leave VNHAM with effect from 30 September 2014.

The VNHAM Board of Directors has appointed one of its members, Mr. Vu Quang Thinh, as Managing Director of VNHAM for an interim period until an appropriate permanent replacement for Mr. Bich is appointed. Mr. Thinh will actively oversee VNHAM's operations in Vietnam.

Mr. Thinh served as the CEO of VNHAM from July 2011 until March 2014, and VNHAM has since benefited from his experience and expertise as a member of its Board of Directors. The Company is pleased that Mr. Thinh will support and reinforce VNHAM's local team until a new CEO of VNHAM is appointed.

For further information please contact:

VietNam Holding Asset Management Limited

Gyentsen Zatul - Investor Relations

Tel: [phone]

Altium Capital Limited (Nominated Adviser)

Tim Richardson / Ben Thorne

Tel: [phone]

Winterflood Investment Trusts (Broker)

Joe Winkley / Neil Langford

Tel: [phone]

Buchanan Communications

Charles Ryland / Sophie McNulty

Tel: [phone]

 

END

 

 

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