In a stock exchange notice today (2 July), the SBSI board said it is considering all options for the future of the trust with help from its advisers.
It noted that all strategic options to “enhance the value for the company’s shareholders” are being considered, including a potential orderly realisation of the portfolio assets via a managed wind-down process.
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The board added it will consult on whether investors may wish to retain some exposure to the mandate and/or assets; as well as consider all methods to…
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