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 | 342.50p |
Change Today | 2.00p |
% Change | 0.59 % |
52 Week High | 422.00 |
52 Week Low | 262.00 |
Volume | 9,950 |
Shares Issued | 23.51m |
Market Cap | £80.50m |
RiskGrade | 146 |
Value |
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No dividends found |
Time | Volume / Share Price |
15:54 | 1,200 @ 342.47p |
15:49 | 850 @ 342.00p |
15:03 | 567 @ 342.00p |
15:02 | 26 @ 342.00p |
14:48 | 1 @ 343.00p |
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