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0.00% 96.0¢ absolute equity performance fund limited

News: AEG Absolute Equity Performance Fund Says Received A Non-Binding Proposal

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    13/07/20
    11:15
    Post #: 45820482

    July 13 (Reuters) - Absolute Equity Performance Fund Ltd (AEG) :

    • RECEIVED A NON-BINDING PROPOSAL FROM ITS INVESTMENT MANAGER, BENNELONG LONG SHORT EQUITY MANAGEMENT
    • PROPOSAL DETAILS AMALGAMATION OF AEG & UNLISTED MANAGED INVESTMENT SCHEME, BENNELONG MARKET NEUTRAL FUND
    • AS PART OF PROPOSAL, AEG SHAREHOLDERS WOULD RECEIVE UNITS IN BMN & ULTIMATELY AEG WOULD BE WOULD UP
    • BOARD OF AEG IS CONSIDERING PROPOSAL
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