Financial Express (Holdings) Limited (“we”, “our”, “us” and derivatives) are committed to protecting and respecting your privacy. This Privacy Policy, together with our Terms of Use, sets out the basis on which any personal data that we collect from you, or that you provide to us, will be processed by us relating to your use of any of the below websites (“sites”).


For the purposes of the Data Protection Act 1998, the data controller is Trustnet Limited of 2nd Floor, Golden House, 30 Great Pulteney Street, London, W1F 9NN. Our nominated representative for the purpose of this Act is Kirsty Witter.


We collect information about you when you register with us or use any of our websites / services. Part of the registration process may include entering personal details & details of your investments.

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We store and use information you provide as follows:

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We may also send you emails to provide information and keep you up to date with developments on our sites. It is our policy to have instructions on how to unsubscribe so that you will not receive any future e-mails. You can change your e-mail address at any time.

In order to provide support on the usage of our tools, our support team need access to all information provided in relation to the tool.

We will not disclose your name, email address or postal address or any data that could identify you to any third party without first receiving your permission.

However, you agree that we may disclose to any regulatory authority to which we are subject and to any investment exchange on which we may deal or to its related clearing house (or to investigators, inspectors or agents appointed by them), or to any person empowered to require such information by or under any legal enactment, any information they may request or require relating to you, or if relevant, any of your clients.

You agree that we may pass on information obtained under Money Laundering legislation as we consider necessary to comply with reporting requirements under such legislation.


We want to ensure that the personal information we hold about you is accurate and up to date. You may ask us to correct or remove information that is inaccurate.

You have the right under data protection legislation to access information held about you. If you wish to receive a copy of any personal information we hold, please write to us at 3rd Floor, Hollywood House, Church Street East, Woking, GU21 6HJ. Any access request may be subject to a fee of £10 to meet our costs in providing you with details of the information we hold about you.


The data that we collect from you may be transferred to, and stored at, a destination outside the European Economic Area (“EEA”). It may be processed by staff operating outside the EEA who work for us or for one of our suppliers. Such staff may be engaged in, amongst other things, the provision of support services. By submitting your personal data, you agree to this transfer, storing and processing. We will take all steps reasonably necessary, including the use of encryption, to ensure that your data is treated securely and in accordance with this privacy policy.

Unfortunately, the transmission of information via the internet is not completely secure. Although we will do our best to protect your personal data, we cannot guarantee the security of your data transmitted to our sites; any transmission is at your own risk. You will not hold us responsible for any breach of security unless we have been negligent or in wilful default.


Any changes we make to our privacy policy in the future will be posted on this page and, where appropriate, notified to you by e-mail.


Our sites contain links to other websites. If you follow a link to any of these websites, please note that these websites have their own privacy policies and that we do not accept any responsibility or liability for these policies. Please check these policies before you submit any personal data to these websites.


If you want more information or have any questions or comments relating to our privacy policy please email [email protected] in the first instance.

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VietNam Holding Ltd (VNH)

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Tuesday 14 November, 2017

VietNam Holding Ltd

VietNam Holding concludes sale of Traphaco

RNS Number : 3759W
VietNam Holding Limited
14 November 2017

VietNam Holding Limited

("VNH" or the "Company")

VietNam Holding concludes sale of Traphaco

Ho Chi Minh City, Vietnam, 13 Nov 2017: VietNam Holding Asset Management is pleased to announce that Vietnam Holding Ltd. ("VNH" or the "Fund") has successfully divested its stake in Traphaco Joint Stock Company ("Traphaco") via a consortium sale. VNH invested in Traphaco in 2007.

Since VNH's investment, Traphaco has increased revenue from USD 33 million in 2007 to USD 88 million in 2016. From an environmental, social and governance (ESG) perspective, Traphaco put in place a sustainable development strategy and implemented the "GreenPlan" program. Through its engagement program VNH actively promoted Traphaco's sustainability strategy as well as the selection of independent board members.

VNH disposed of a 10.4% stake in Traphaco generating an internal rate of return of approximately 30.4% over the holding period with total proceeds of USD 26.9 million accruing to the Fund. The sale increased VNH's NAV per share as at Friday 10 November by 0.85% to USD 2.844.

About Traphaco

Traphaco is a leading pharmaceutical company specialised in the development, marketing and distribution of Vietnamese over the counter and prescription medicines. Traphaco is a member of the union for ethical biotrade, employs a workforce of more than 800 and sources more than 90% of its input materials locally. Traphaco benefits from strong brand recognition and accesses Vietnam's 93 million inhabitants through its proprietary nationwide distribution network across 23,000 pharmacies.

In 2008, Traphaco was officially listed on the Ho Chi Minh Stock Exchange and recognized as the No. 1 Pharmaceutical brand in Vietnam in 2009.

About VNH

VNH is a value investor aiming to achieve long-term capital appreciation through exposure to high-growth companies based in Vietnam that demonstrate strong environmental, social and corporate governance credentials. Its current investment themes are domestic consumption and urbanization.

For more information please visit the VNH website or contact:

VietNam Holding Asset Management Limited

Business Development

Tel: +44 7810 785 933

Jay Vontobel

finnCap Ltd

Nominated Adviser and Broker

Tel: +44 20 7131 4000

Stuart Andrews / William Marle / Giles Rolls

Buchanan Communications

Financial Public Relations

Tel: +44 20 7466 5000

Charles Ryland / Sophie McNulty


This information is provided by RNS
The company news service from the London Stock Exchange

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