Platinum Asia Investments Proposes Shareholder Value Scheme

Platinum Asia Investments Ltd. (AU:PAI) has released an update.

Platinum Asia Investments Ltd. has announced a scheme to restructure, involving a share-for-unit exchange with its feeder fund, aiming to address the persistent discount of its share price to net tangible assets (NTA). The proposed arrangement will see shareholders swap their listed shares for units in the actively managed ETF Platinum Asia Fund, which will result in the delisting of the company from the ASX. This strategic move is designed to offer shareholders improved liquidity and the continued benefit of Platinum’s Asian investment strategy without incurring termination fees.

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