Vietnam Property Holding (VPH)

1.1. About Vietnam Property Holding (VPH)

Vietnam Property Holding (“VPH” or the “Company”) is a newly incorporated Cayman Islands exempted company created to engage in property investment in Vietnam. The Company will have a capital structure comprising a single class of Shares.

The Company will be managed by Saigon Asset Management (“SAM” or the “Investment Manager”), an exempted company incorporated under the laws of the Cayman Islands. The Investment Manager’s investment team draws on the talents of international and domestically-trained professionals from top fund management companies in Vietnam, complemented by a seasoned board of directors consisting of Vietnamese senior executives with deep-rooted local knowledge and relationships. Corporate governance and the value creation process are enhanced by international advisors with demonstrated corporate influence regionally and globally.
 

1.2. Investment Objectives

The principal investment objective of the Company is leverage its local investment status and network to directly receive land use rights thereby capturing attractive projects at the early stages. The Company seeks to maximize capital gain from investing in a diversified portfolio of Vietnamese properties. The Company plans to exit through disposing of the properties to institutional and private investors including real estate investment trusts. 

For more information, please contact our Investor Relations Department at This e-mail address is being protected from spam bots, you need JavaScript enabled to view it


Fund Structure   • Closed-end
VPH Security Information   • Reuters 3MT.DE
  • Bloomberg 3MT:GR
  • ISIN  KYG9361R1074
  • German Securities Code A0M12W 
Life of Fund    • Vote every 5 years to continue fund 
Investment Range    • $2M - $10M
  • Not to exceed 20% of NAV in one single investment 
Management Team's
Contribution 
  • $5M, subject to Investment Committee's approval and 3rd party valuation 
Investment Manager    • Saigon Asset Management ("SAM"), Cayman Islands 
Fees    • 2% management fee
  • 20% incentive fee of total increase of NAV over hurdle rate of 8% with high watermark and catch up 
Tax Advisor    • PricewaterhouseCoopers 
Auditor    • Grant Thornton
Custodian/
Administration 
  • Deutsche Bank
Legal Advisors    • Baker McKenzie, Vietnam
  • DC Law, Vietnam
  • Reed Smith, USA, Germany
  • Appleby, Cayman Islands