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Federal Court Greenlights Platinum Asia Investments Restructure Scheme

6:02pm on Friday 15th of August, 2025 AEST Financial Services
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Federal Court Greenlights Platinum Asia Investments Restructure Scheme

6:02pm on Friday 15th of August, 2025 AEST
Key Points
  • Federal Court approves Platinum Asia Investments scheme of arrangement
  • Shares to be suspended and converted into Platinum Asia Fund Complex ETF units
  • Conversion based on post-tax net tangible assets relative to ETF NAV
  • Special dividend to be paid from retained earnings after restructure costs
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