Shareholders in Govett Asian Smaller Companies are to vote on 25 June on whether to liquidate the in...
Shareholders in Govett Asian Smaller Companies are to vote on 25 June on whether to liquidate the investment trust, writes Adam Lewis. This follows a requisition received by the trust board on 4 May from Regent Europe which has a stake in the trust. James de Sausmarez, managing director of investment trusts at Govett Investments said that the board believes approval of the resolutions would undermine the significant benefits for long-term investors which are inherent in the company. He said: 'The resolutions would mean that shareholders would incur the costs of realisation and liquid...
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