Aberdeen Frontier Mkts Inv Co Ltd Update research from QuotedData
March 06 2017 - 4:00AM
RNS Non-Regulatory
TIDMAFMC
Aberdeen Frontier Mkts Inv Co Ltd
06 March 2017
Aberdeen Frontier Markets - Update research from QuotedData
6(th) March 2017
Direct investing
On 9 December 2016, the board of Aberdeen Frontier Markets
(AFMC) announced that take up of its 100% tender offer had exceeded
expectations. After deliberating on the future of the fund, the
board is asking shareholders to approve a shift to direct investing
in frontier markets. Shareholders still have the opportunity of a
cash exit if desired but the manager is injecting up to GBP10m into
the fund to keep it viable.
Full research:
http://quoteddata.com/2017/03/aberdeen-frontier-markets-direct-investing/
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NB: this note has been prepared for Aberdeen Frontier Markets by
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