VietNam invests around $6m in logistics company ABA Cootrans

  • Wed 14 Aug 2019 13:39

    VietNam Holding said it had invested in logistics company ABA Trading Solutions, also known as ABA Cooltrans, through a convertible bond offer.

    The company said it had paid the Vietnam Dong equivalent of $6m to purchase the bonds, which it planned to convert into equity ahead of a possible market listing of ABA in Vietnam.

    The investment would mean that around 4.2% of the company's net asset value as at 31 July was invested in private equity opportunities, within a 20% limit for that asset class.

    At 1:39pm: (LON:VNH) Vietnam Holding share price was +1p at 187p

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Vietnam Holding (VNH)

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