VinaLand Limited is a close-ended mutual fund launched by VinaCapital Group Limited. The trust is co-managed by VinaCapital Investment Management and VinaCapital Real Estate Ltd. It invests in the real estate assets including office, retail, residential, industrial, and leisure across Indochina including at least 70% investment in Vietnam. The trusts engages in identifying existing investment properties for purchase or developing new properties either directly or through investee companies and subsequently, disposing of the properties or investments in the investee companies to institutional and private investors including real estate investment trusts. It conducts in-house research to make ...
Sun Wah Tower
115 Nguyen Hue Boulevard
Ho Chi Minh,
Founded in 2006
VinaLand Limited Reports Unaudited Consolidated Earnings Results for the Six Months Ended December 31, 2013
Mar 28 14
VinaLand Limited reported unaudited consolidated earnings results for the six months ended December 31, 2013. For the period, the company’s revenue was USD 24,273,000 against USD 33,532,000 a year ago. Loss from operations before income tax was USD 17,668,000 against USD 68,528,000 a year ago. Loss from operations was USD 14,225,000 against USD 57,294,000 a year ago. Loss for the period was USD 14,225,000 or USD 0.02 basic and diluted per share against USD 57,294,000 or USD 0.08 basic and diluted per share a year ago. Net cash outflow to operating activities was USD 9,013,000 against USD 6,719,000 a year ago. Purchases of investment properties, property, plant and equipment, and other non-current assets were USD 3,919,000 against USD 3,582,000 a year ago. Net assets per share attributable to equity shareholders of the company were USD 0.91 as on December 31, 2013.
VinaLand Limited Announces Board Changes
Feb 24 14
VinaLand Limited announced that the Board of Directors has appointed Mr. Daniel McDonald as a new Independent Non-executive Director, effective 19 February 2014. Mr. McDonald has replaced Mr. Stanley Chou, who has resigned from the VNL Board. Mr. Chou was elected as a Non-executive Director in 2011 and was a member of VNL's Valuation Committee. Since August 2010, Mr. McDonald has served in dual roles as Head of Fund Management - Asia Pacific Real Estate and Fund Manager - Asia Pacific Property Fund at Aviva Investors (Singapore). Currently based in Singapore, Daniel has over 17 years experience in real estate transactions and real estate fund management across multiple asset classes in major Asian markets.
VinaLand Limited Approves Articles of Association
Dec 2 13
VinaLand Limited announced at its AGM held on November 28, 2013, approved the Article 56 of the company's Articles of Association.