VinaCapital Vietnam Opportunity Fund (VOF), the flagship fund of VinaCapital, announced that Asia Commercial Bank (ACB) had become its 5th largest investment.
The closed-end VinaCapital Vietnam Opportunity Fund has spent US$45 million to purchase shares of Bình Son Refining and Petrochemical Company and PetroVietnam Power Corporation.
The close-ended VinaCapital Vietnam Opportunity Fund (VOF) has paid
US$15 million towards acquiring convertible preferred stocks of Novaland
Group under a syndicated investment deal worth $47 million.