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VinaCapital Secures Loan with Share Pledge
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VinaCapital Secures Loan with Share Pledge

VinaCapital Vietnam Opportunity Fund Limited AccumUSD (GB:VOF) has released an update.

VinaCapital Vietnam Opportunity Fund Limited has revealed that its investment manager, VinaCapital Investment Management Ltd., has secured a loan by pledging over 700,000 shares, while still retaining ownership and full voting rights. This accounts for a minor portion of the company’s total voting rights, with VinaCapital holding a stake of 2.64%. The transaction was conducted outside of trading venues and is part of a loan facility agreement with The Hongkong and Shanghai Banking Corporation Limited dating back to 2022.

For further insights into GB:VOF stock, check out TipRanks’ Stock Analysis page.

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