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