Today news
About the same in other media
Shareholders approve discontinuation of GCP Asset Backed Income
Reading now: 873
The proposal to wind down the trust was taken at the end of strategic review in March, following shareholder feedback. The review started after GABI's merger with GCO Infrastructure collapsed last year. At its annual general and extraordinary meetings today (20 May), 80% of votes were cast in favour of the discontinuation of the trust. As set out in March, GABI is likely to commence an orderly realisation of its assets to return capital back to shareholders. GCP Asset Backed Income eyes wind-down following shareholder feedback However, investors also expressed dissent over the re-e...
To continue reading this article...
Join now
Login
Read more on investmentweek.co.ukAbout this in other media
GCP Asset Backed Income rules out equity sale as asset bids line up investmentweek.co.uk /5 months ago
'Using faulty logic': Tesla blasts Glass Lewis, urges shareholders to back Elon Musk's $56 billion pay package livemint.com /5 months ago
Shareholders vote for wind-down as abrdn Property Income sells into 'valuation nadir' investmentweek.co.uk /5 months ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
