Solid vote for Thai market

Article Abstract:

Hong Kong capitalist Heung Chit Kau, through his Acetop Investment, is making a general bid for Thai-Asia Fund despite the uncertainty over Thailand's stock market. The move generates issues on timing as the SET Index dropped by 8% several weeks after Heung made his offer. The offer, prompted by Heung's overall 35.04% stake in Thai-Asia Fund, is made at a greatly reduced price than the fund's net asset value. Heung's 24,000 shares were also brought at 23% off the 59.94 cents net asset value per share.

Securities and Commodity Exchanges, Security and commodity exchanges, Securities Exchanges, Investments, Exchanges, Thailand, Mutual fund industry, Heung, Chit Kau, Thai-Asia Fund

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Direct equity investments hold great promise for sleepy Vietnam funds as stock listings loom

Article Abstract:

Many analysts believe that Vietnam funds will enjoy an increase in the value of their direct equity investments when they become listed. Most of these funds book their direct equity investments at cost and they are likely to appreciate because stock exchange listings will lead to revaluations of their holdings and underlying portfolios. Several closed-end funds specializing in Vietnam have been launched since 1991.

Vietnam

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Surging Japanese equity-warrant funds have room to rise, some analysts say

Article Abstract:

Equity-warrant mutual funds have become the most dynamic investment sector in the Tokyo Stock Exchange during the 3rd qtr. of 1995. Despite reaching their peak, many analysts believe that investors can still generate substantial profits from these mutual funds. Moreover, they expect them to continue to attract investors in the long run because of the continued issuance of new warrants.

Japan

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