tiprankstipranks
Platinum Asia Investments Proposes Shareholder Value Scheme
Company Announcements

Platinum Asia Investments Proposes Shareholder Value Scheme

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

Don't Miss our Black Friday Offers:

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.

For further insights into AU:PAI stock, check out TipRanks’ Stock Analysis page.

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App