Abrdn Asia-Pacific Income Fund VCC (TSE:FAP) has released an update.
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abrdn Asia-Pacific Income Fund VCC, a closed-end investment company listed on the Toronto Stock Exchange, has set the 2024 voluntary cash redemption price for its shares at $3.20 CAD each. This price is based on 100% of the fund’s average net asset value minus direct costs prior to the redemption date. Shareholders participating in the redemption will receive payment by April 19, 2024, and redeemed shares will still be eligible for the March 2024 distribution.
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