By Ikaba Koyi
Date: Tuesday 14 Nov 2017
LONDON (ShareCast) - (ShareCast News) - Value-investor Vietnam Holding Asset Management (VNH) "successfully" divested its stake in Traphaco Joint Stock Company, a leading pharmaceutical firm, the outfit announced on Tuesday.
Since 2007, when VNH made the investment, revenue in Traphaco more than doubled from $33m to $88m in 2016.
Having disposed of a 10.4% stake in Traphaco, VNH generated an internal rate of return of approximately 30.4% during the holding period, with total proceeds of $26.9m accruing to the fund.
The transaction also resulted in a 0.85% increase in VNH's net asset value per share to $2.8.
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| Currency | UK Pounds |
| Share Price | 405.00p |
| Change Today | 8.50p |
| % Change | 2.14 % |
| 52 Week High | 422.00p |
| 52 Week Low | 262.00p |
| Volume | 18,496 |
| Shares Issued | 23.48m |
| Market Cap | £95.09m |
| RiskGrade | 146 |
| Value |
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| Income | ![]() |
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| No dividends found |
| Time | Volume / Share Price |
| 16:14 | 10 @ 406.00p |
| 15:46 | 378 @ 404.40p |
| 15:10 | 1,500 @ 404.00p |
| 15:10 | 500 @ 404.00p |
| 14:41 | 1 @ 404.00p |
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