23-01-2014, 12:26 AM
Part 2
Delta Lloyd Azië Deelnemingen Fonds
Source
http://www.deltalloydassetmanagement.nl/...gen-fonds/
Half Year 2012 Report
Number of shares 35,000,000
Market value EUR 5,007,000 as at 30 Jun 2012
Weight per share in folio 5.28%
Translated from page 105
Yongnam Holdings is a Singaporean company . The company is the regional leader field of shoring systems and steel constructions . Yongnam builds strut systems mainly used for underground infrastructure projects such as the construction of underground and
lines . Since its founding in 1971 , Yongnam has continuously focused on delivering excellence . With strut systems Yongnam contributed to 90% of the last five years Metro and rail projects in Singapore . The company also supplies a growing contribution to projects in Hong Kong and Malaysia . Yongnam sells his expertise in the field of
steel structures for leading developers . The company was involved
in the construction of several high-profile projects such as Changi Airport , Marina Bay Sands Hotel and the Singapore Capital Tower . In Japan and several European countries, 60 % are the buildings of steel structures for the rapid construction , the superior material properties and the good design . Steel is more expensive than traditional
building materials , but given the increasing prosperity in Asia , the demand for steel structures gradually increase. Yongnam is therefore undervalued firm. The market value of the stutsystementak is much higher than the book value of those assets . In addition, a healthy Yongnam order book and the company recently raised its dividend .
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Half Year 2013 Report
Translated from Page 66
Beleggingsbeleid (Investment)
Yongnam ( 48 % total return in local currency ) was the largest positive contributor to the return. As the largest supplier of shoring systems in Asia, the company has once again managed contracts win underground tunnel projects throughout the region . To further diversify the
revenue base and continuous income also brings the company now together with partners joint bids from projects for the construction and operation of infrastructure.
Bijlage A (Annex A)
Number of shares 68,704,000
Market value EUR 14,378,000 as at 30 Jun 2013
Weight per share in folio 8.50%
No price available - See attachment for figuring out anyone?
Delta Lloyd Azië Deelnemingen Fonds
Source
http://www.deltalloydassetmanagement.nl/...gen-fonds/
Half Year 2012 Report
Number of shares 35,000,000
Market value EUR 5,007,000 as at 30 Jun 2012
Weight per share in folio 5.28%
Translated from page 105
Yongnam Holdings is a Singaporean company . The company is the regional leader field of shoring systems and steel constructions . Yongnam builds strut systems mainly used for underground infrastructure projects such as the construction of underground and
lines . Since its founding in 1971 , Yongnam has continuously focused on delivering excellence . With strut systems Yongnam contributed to 90% of the last five years Metro and rail projects in Singapore . The company also supplies a growing contribution to projects in Hong Kong and Malaysia . Yongnam sells his expertise in the field of
steel structures for leading developers . The company was involved
in the construction of several high-profile projects such as Changi Airport , Marina Bay Sands Hotel and the Singapore Capital Tower . In Japan and several European countries, 60 % are the buildings of steel structures for the rapid construction , the superior material properties and the good design . Steel is more expensive than traditional
building materials , but given the increasing prosperity in Asia , the demand for steel structures gradually increase. Yongnam is therefore undervalued firm. The market value of the stutsystementak is much higher than the book value of those assets . In addition, a healthy Yongnam order book and the company recently raised its dividend .
=====
Half Year 2013 Report
Translated from Page 66
Beleggingsbeleid (Investment)
Yongnam ( 48 % total return in local currency ) was the largest positive contributor to the return. As the largest supplier of shoring systems in Asia, the company has once again managed contracts win underground tunnel projects throughout the region . To further diversify the
revenue base and continuous income also brings the company now together with partners joint bids from projects for the construction and operation of infrastructure.
Bijlage A (Annex A)
Number of shares 68,704,000
Market value EUR 14,378,000 as at 30 Jun 2013
Weight per share in folio 8.50%
No price available - See attachment for figuring out anyone?