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Platinum Asia Investments Ltd. ( (AU:PAI) ) just unveiled an announcement.
Platinum Asia Investments Limited has received approval from the Federal Court of Australia for its scheme of arrangement with shareholders, which is set to become effective on August 18, 2025. This scheme involves suspending the company’s shares, issuing new units based on the company’s post-tax NTA, and paying a special dividend from retained earnings. The restructuring will result in the transfer of the company’s investment portfolio to the Platinum Asia Fund, with new PAXX units commencing trading on August 26, 2025.
More about Platinum Asia Investments Ltd.
Platinum Asia Investments Limited is a company operating in the financial investment industry, focusing on investment management services. It is known for its involvement in managing investment portfolios, particularly in the Asian market.
Average Trading Volume: 378,034
Technical Sentiment Signal: Buy
For detailed information about PAI stock, go to TipRanks’ Stock Analysis page.
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