Platinum Asia Investments Ltd. ( (AU:PAI) ) has issued 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. A draft class ruling from the Australian Taxation Office has been received, outlining the tax implications for shareholders, but the final ruling will depend on the scheme’s implementation, which requires shareholder and court approval.
More about Platinum Asia Investments Ltd.
Platinum Asia Investments Limited operates in the financial industry, focusing on investment management. The company offers investment opportunities through its ASX-listed shares and is associated with the Platinum Asia Fund Complex ETF, which follows a similar investment strategy.
YTD Price Performance: -2.46%
Average Trading Volume: 410,992
Technical Sentiment Signal: Sell
Learn more about PAI stock on TipRanks’ Stock Analysis page.