VinaLand Limited (VNL LN)

VinaLand Limited specializes in investing in the real estate market including office, retail, residential, industrial, hospitality, township, hospitality and leisure, property investment and property development. It seeks to invest across Indochina including at least 70% of the gross asset value of the company will be invested in Vietnam. Up to a maximum of 30 percent of the gross asset value may also be invested in neighboring Asian countries (namely China, Cambodia and Laos). It invests an amount not exceeding 20 percent of the gross asset value. The trusts engages in identifying existing investment properties for purchase or developing new properties either directly or through investee companies and subsequently, disposing of the properties or investments in the investee companies to institutional and private investors including real estate investment trusts. It invests directly or through investee companies or by way of joint venture partnerships with other reputable developers. It will seek to own a controlling interest in its investments, either by owning a direct controlling participating interest in the project or by controlling the investee companies through which the investments are made. In the event that the company holds a minority interest in a project, it will seek to secure adequate minority protection rights.