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Abrdn Asia-Pacific Income Fund VCC ( (TSE:FAP) ) has issued an announcement.
The Abrdn Asia-Pacific Income Fund VCC has announced shareholder approval to remove the 10% cap on its annual redemption right, effective from 2026. This change allows shareholders to redeem 100% of the company’s shares under certain conditions, potentially leading to the company’s termination if significant redemptions occur, affecting its economic viability.
More about Abrdn Asia-Pacific Income Fund VCC
Abrdn Asia-Pacific Income Fund VCC is a closed-end investment company trading on the Toronto Stock Exchange. It focuses on providing investment opportunities in the Asia-Pacific region, offering shareholders exposure to income-generating assets within this market.
YTD Price Performance: 3.25%
Average Trading Volume: 58,177
Technical Sentiment Consensus Rating: Sell
See more insights into FAP stock on TipRanks’ Stock Analysis page.