statement they released on Oct 12 :
hold a unitholder meeting in the first half of calendar-year 2024 (subject to relevant
market conditions and applicable regulations which exist at the time).
Investors considering trading in FOR units on ASX may wish to consider the following:
- Any change of structure would require a special resolution passed by FOR unitholders before
it can be effective. A significant number of investors might prefer the current structure and
could vote against it.
- The Manager currently intends to propose a transition period of up to 12 months where
investors who wish to redeem their units pay a redemption fee that declines throughout the
transition period. This fee would accrue to the remaining investors’ benefit. The quantum of
fees and the rate at which they may decline has not been determined.
- There may be restrictions on the number of units redeemed each month. The details of any
restrictions have not been determined.
- There may be various events or circumstances which would cause us to change our view on
whether a proposal to de-list from ASX is in the best interests of FOR Unitholders (and the
proposal may not proceed).
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