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 | 376.00p |
Change Today | 0.000p |
% Change | 0.00 % |
52 Week High | 379.00 |
52 Week Low | 252.00 |
Volume | 33,133 |
Shares Issued | 27.28m |
Market Cap | £102.59m |
RiskGrade | 146 |
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Price Trend |
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No dividends found |
Time | Volume / Share Price |
16:40 | 7,500 @ 376.00p |
16:17 | 1,329 @ 376.00p |
16:13 | 2,664 @ 378.00p |
16:12 | 131 @ 376.00p |
16:03 | 1,625 @ 374.44p |
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