A.C.N. 063 656 333
A.B.N. 64 063 656 333
VIETNAM INDUSTRIAL INVESTMENTS LIMITED
29 February 2008
Company Announcements Office
2 The Esplanade
PERTH WA 6000
PRO RATA RENOUNCEABLE RIGHTS ISSUE - NOTICE OF UNDER-SUBSCRIPTIONS
Vietnam Industrial Investments Limited (the Company) is pleased to advise that the Company's renounceable pro rata rights issue (Rights Issue) to Shareholders with a registered address in Australia or New Zealand and registered at 5.00 pm (AWDST) on 6 February 2008 (Eligible Shareholders) closed at 5.00 pm (AWDST) on 26 February 2008.
The Company wishes to advise that Eligible Shareholders subscribed for 38,957,421 fully paid ordinary shares in the capital of the Company (New Shares) at an issue price of A$0.15 each raising a total of A$5,843,613 (before expenses of the issue). This represents a take-up of approximately 75.41%.
The Rights Issue was not underwritten and the directors have elected not to place the shortfall.
As previously advised, the allotment and issue of New Shares and the dispatch of holding statements is due to take place on 5 March 2008.
Alan Alexander Young
Director & Chief Operating Officer