VinaCapital Vietnam Opportunity Fund Limited AccumUSD (GB:VOF) has released an update.
VinaCapital Vietnam Opportunity Fund Limited has allocated 25% of its USD14.7 million incentive fee to buy shares in the company, following the death of its Chief Investment Officer, Andy Ho. The investment manager will acquire the shares previously held by Ho’s estate, with the remainder purchased from the market. This move highlights the company’s commitment to reinvesting in its own stock.
For further insights into GB:VOF stock, check out TipRanks’ Stock Analysis page.