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VOF

-1.07%
NEUTRAL

VinaCapital Vietnam Opportunity Fund Sells Stake in Tam Tri Medical

Why we think this is neutral

This RNS announcement is about the sale of a stake in Tam Tri Medical, a private healthcare company, by VinaCapital Vietnam Opportunity Fund (VOF). It does not fall into any of the mandatory news categories, so a neutral sentiment score is appropriate.

Key Points

  • VOF sold its stake in Tam Tri Medical, one of its top five holdings
  • Tam Tri Medical is Vietnam's leading private healthcare network
  • VOF had invested in Tam Tri Medical in 2018 and supported its growth and expansion
  • The sale was made to a leading dedicated healthcare private equity firm in the region

Summary

The investment fund has sold its stake in a Vietnamese private healthcare group to a regional private equity firm, as part of its portfolio management strategy.

VinaCapital Vietnam Opportunity Fund (VOF) has announced the sale of its stake in Tam Tri Medical Joint Stock Company (TTMC), a leading private healthcare network in Vietnam, to a leading dedicated healthcare private equity firm in South and Southeast Asia. The terms of the transaction were not disclosed. VOF had invested in TTMC in 2018 and supported the company's growth and expansion over the past six years.

GENERAL UPDATE