Platinum Asia Investments Ltd. ( (AU:PAI) ) has issued an announcement.
Platinum Asia Investments Limited is progressing with a proposed scheme allowing shareholders to exchange their shares for units in the Platinum Asia Fund. The company is seeking a class ruling from the Australian Taxation Office to clarify tax implications. Additionally, the company has received a non-binding proposal from a third party to acquire all its shares, which the board is currently evaluating.
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 listed shares and manages an active ETF, the Platinum Asia Fund, employing a consistent investment strategy.
YTD Price Performance: 5.39%
Average Trading Volume: 341,191
Technical Sentiment Consensus Rating: Sell
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