Viet Nam Property Fund Plans AIM Float April 25

Tuesday, April 22, 2008
Viet Nam Property Fund, a closed-end investment company that is newly incorporated under Cayman Islands law for the purpose of investing primarily in real estate in Viet Nam, said Monday that it plans to float on AIM.
The company will have a share capital of 90,000,000 Ordinary Shares of $0.01 each, at an issue price of $1 per Ordinary Share. The Ordinary Shares will be Regulation S restricted.
On admission $90,000,000 will be raised and the company's market capitalisation will be $90,000,000.
It is expected that dealings will start in the company's shares on April 25.
The company's nominated adviser and broker is Seymour Pierce. (Dow Jones)