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Platinum Asia Investments to Delist and Transition to ETF

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Platinum Asia Investments to Delist and Transition to ETF

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The latest announcement is out from Platinum Asia Investments Ltd. ( (AU:PAI) ).

Platinum Asia Investments Limited (ASX: PAI) will be delisted from the ASX following a scheme of arrangement where all its shares have been exchanged for units in the Platinum Asia Fund Complex ETF (ASX: PAXX). This move signifies a strategic shift in the company’s structure, potentially impacting its market presence and stakeholder engagement as it transitions from a listed investment company to an ETF structure.

More about Platinum Asia Investments Ltd.

Average Trading Volume: 401,747

Technical Sentiment Signal: Strong Buy

Learn more about PAI stock on TipRanks’ Stock Analysis page.

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