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).
FOR Price at posting:
$1.33 Sentiment: None Disclosure: Held