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Platinum Asia Investments Ltd. ( (AU:PAI) ) has shared an update.
Platinum Asia Investments Limited has announced a proposed restructure allowing shareholders to exchange their shares for units in the Platinum Asia Fund Complex ETF. This move aims to eliminate the discount to net tangible assets and is considered beneficial for shareholders, with the company expecting to announce the first court hearing date soon.
More about Platinum Asia Investments Ltd.
Platinum Asia Investments Limited operates in the financial services industry, focusing on investment management. The company offers investment opportunities primarily through its ASX-listed shares and manages an active ETF, the Platinum Asia Fund Complex ETF, which employs a similar investment strategy.
Average Trading Volume: 320,731
Technical Sentiment Signal: Buy
See more insights into PAI stock on TipRanks’ Stock Analysis page.