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 | 367.00p |
Change Today | 2.00p |
% Change | 0.55 % |
52 Week High | 380.00 |
52 Week Low | 255.00 |
Volume | 33,384 |
Shares Issued | 27.28m |
Market Cap | £100.14m |
RiskGrade | 146 |
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No dividends found |
Time | Volume / Share Price |
16:31 | 10,000 @ 365.00p |
16:04 | 959 @ 364.47p |
15:51 | 3,648 @ 365.27p |
15:30 | 1,500 @ 364.47p |
14:37 | 207 @ 364.59p |
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