Proposed rollover into Perpetual investment trust awaits approval of shareholders at EGM
Investors in the GT Japan Investment Trust face EGMs within the next two months to decide the future of their holdings. The board, which came in in July, is proposing a rollover into the Perpetual Japanese Investment Trust or the Perpetual Japan unit trust These proposals are contingent on the approval of shareholders at two GT Japan EGMs to be held by November. Holders of 26.4% of the share capital have already indicated support. Shareholders who want to realise their position for cash are advised to take the unit trust option and then elect to redeem this holding. At an emergenc...
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