| Language Selection:
|
|
 |
Q: What is VECL? What does it do now and what will it do following the completion of the issue?
A: VECL is an equity investment company. It will be seeking investment opportunities in Vietnam through listed and unlisted securities, including purchase of Pre-IPO shares of state owned enterprises which has been privatized. It will also make equity investments in property development companies. Currently, the Company does not have any investments, but is evaluating a number of potential investments. Following the completion of the issue the Company will make investments in these discussed opportunities.
Q: What will the market capitalisation be upon listing on the NSX?
A: The market capitalization of the Company on listing is expected to be approximately $15,800,000 if the maximum number of shares under the Offer is issued.
Q: Why choose the NSX?
A: Cost Effective- as an alternate exchange the NSX has designed a cost structure which delivers value Fewer shareholders needed- a spread of only 50 shareholders is required to list on the NSX
Streamlined admission process- With dedicated resources liaising with us throughout the application process, NSX ensures that becoming listed is both efficient and problem free
Suits growing companies- Companies with a market capitalization of just $500K meet NSX's size requirements, ensuring growing businesses can become listed from an early stage
Good corporate governance- NSX supports a high level of corporate governance through its rules whilst recognizing the resourcing available to emerging businesses.
Q: What are the benefits of investing in the company?
A: Long term capital growth, dividend return and diversification of portfolio. It gives investors exposure to an emerging market.
Q: What are the key risks of investing in the company?
A: The key risks of investing in the Company are:
General Investment Risk
Risk associated specifically with Private Equity Investments
Key Personnel risk
Currency Risk
Stock market risk
Economic risk
Government Risk
Further details of the risks of investing in the Company are set out in Section 7 of the Prospectus.
Q: When will I receive dividends?
A: The Company does not intend to declare a dividend in the coming financial year. The Company may distribute dividends in the future based on the future growth prospects and capital requirements.
Q: What are the tax implications of investing in the company?
A: The taxation implications of investing in Shares will depend on an investor's individual circumstances. Applicants should obtain their own tax advice or financial planning advice prior to investing.
Q: How do I apply for shares?
A: Applications for Shares can be made as set out in Section 2.3 of this Prospectus and by completing the Application form at the end of this Prospectus
Q: When will I receive confirmation that my application is successful?
A: By speaking to your broker, solicitor, professional adviser, banker or accountant.
Q: How can I obtain further information?
A: For further contact details, see the Corporate Directory at the front of this Prospectus
