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The information on this website is directed only at persons who are shareholders in Vietnam Phoenix Fund Limited (the "Company") and is provided for their exclusive use and benefit.

No shares in the Company may be issued or transferred to U.S. Persons (as defined in Rule 902 under the Securities Act of 1933, as amended), and access to the information contained in this website is restricted under applicable securities laws in the United States.

The information contained in this website is, therefore, not available to U.S. Persons.

Please read the below disclaimer carefully. You will be asked to accept these terms and conditions before proceeding.

The information on this website is directed only at persons who are shareholders in Vietnam Phoenix Fund Limited (the "Company") and is provided for their exclusive use and benefit.

Users of this website are responsible for observing all applicable laws and regulations in their relevant jurisdictions before proceeding to access the information contained herein. By proceeding to access the information, users are deemed to be representing and warranting that the applicable laws and regulations of their relevant jurisdiction allow them to do so. No information, materials or opinions contained on this website ("Materials") constitute or would be deemed to constitute a recommendation or invitation in any jurisdiction to invest or otherwise deal in the shares of the Company (the "Shares").

The website that you are seeking to access does not constitute an offer to buy or sell the securities mentioned in the website in any jurisdiction or jurisdictions in which such offers or sales are unlawful prior to registration or qualification under the securities laws of any such jurisdiction. In particular, the securities mentioned in the website have not been and will not be registered under the United States Securities Act of 1933, as amended (the "Securities Act"), and may not be offered or sold in the United States absent registration or exemption from registration under the Securities Act and other securities laws. There will be no public offer of these securities in the United States. Offers and sales of these securities, and distribution of the related information, may also be subject to restrictions in other jurisdictions.

The Materials on the website are not intended to constitute “marketing” of the Company, as such term is understood for the purposes of the Alternative Investment Fund Managers Directive as it has been implemented in states of the European Economic Area. The Materials are not intended to provide a sufficient basis on which to make an investment decision.

No shares in the Company may be issued or transferred to U.S. Persons (as defined in Rule 902 under the Securities Act). Consequently, the website that you are seeking to access is not directed at, and may not be viewed by or distributed to, persons:

· In the United States or who are U.S. Persons;

or

· Located in a jurisdiction where it is not lawful to access the Materials.

The Materials are provided on an "as is" and "as available” basis and do not purport to be full or complete. The Company and Duxton Asset Management Pte Ltd (“Duxton”) do not represent or warrant that the information accessible via this website is accurate, complete, current or secure. The Company, Duxton, and their affiliates believe that the source of the Materials is reliable however they cannot and do not guarantee, either expressly or implicitly, and accept no liability for, the accuracy, validity, timeliness, merchantability or completeness of any information or data (whether prepared by the Company, Duxton, their affiliates or by any third party) for any particular purpose or use or that the information or data will be free from error. The Company, Duxton, and their affiliates do not undertake any responsibility for any reliance which is placed by any person on any statements or opinions which are expressed herein. Neither the Company, Duxton, nor any of their affiliates, directors, officers or employees will be liable or have any responsibility of any kind for any loss, damage, or liability of any kind that any person may incur (however caused, including through negligence) arising out of or in connection with the use of this website or any linked website.

Nothing contained in this website constitutes financial, investment, legal, tax or other advice and is not to be relied on in making an investment or other decision. You should obtain relevant and specific professional advice before making any investment decision.

The Materials on this website are provided for your personal use and informational purposes only and are subject to change without notice. The Company has the right to suspend or withdraw the provision of all or any of the website of the Materials without prior notice at any time.

The value of investments mentioned in this site, and the income from them, may go down as well as up and investors may not get back the amount invested. Information on past performance, where given, is not a guide to future performance. Changes in rates of exchange between currencies may cause the value of investments to decrease or increase.

Copyright

Copyright of all images and text in this website is owned by or licensed to the Company, Duxton or one of their affiliates unless otherwise noted. You may imprint, copy, download or temporarily store extracts from this website for your personal information and use. Any other use is prohibited unless you first request and obtain Duxton’s prior written consent. You may not alter or otherwise make any changes to any material that you print or download from this website, including, without limitation, removing any identifying marks or legends from such material. In particular, you may not copy or use any part of this website on any other website, or link any other website to this website, without the prior written permission of the Duxton. You may not use the website for any purpose which is unlawful, abusive, libellous, obscene or threatening.

No Warranty

The Materials contained in this website are provided without any warranty of any kind, either expressed or implied, to the fullest extent permissible pursuant to applicable law. None of the Company, Duxton, or their affiliates assume any responsibility for the uninterrupted availability of this website or warrant that it will be error-free, that defects will be corrected, or that this website or the servers that make it available will be free of viruses or other harmful components.

Liability Waiver

You agree that under no circumstances, including, but not limited to, negligence, shall the Company, Duxton or any of their affiliates be liable for any special or consequential damages that result from the access or use of, or the inability to access or use, the Materials on this website.

Governing Law

The terms and conditions of this legal notice shall be governed by and construed in accordance with the laws of the Cayman Islands. Users of this website agree that any dispute or action arising out of or relating to these terms or any user's use of this website shall be commenced only in the courts located in the Cayman Islands, and users of this website hereby consent and submit to the exclusive jurisdiction of such courts for the purposes of any such dispute or action.

By accessing Materials on this website you agree to be bound by the foregoing limitations.

Trading Suspension	24/02/2021
Results of EGM	31/12/2020
EGM Announcement	21/12/2020

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