Platinum Asia Investments Limited - ASX: PAI

Platinum Asia Investments Limited - ASX: PAI

Platinum Asia Investments Limited 'The Company' is offering Shares for subscription to raise a minimum of $150,000,000 and a maximum of $500,000,000 (before the acceptance of any Oversubscriptions).

Investors will also receive, for no additional consideration, one Option for every one Share subscribed for, exercisable at $1.00 on or before 15 May 2017.

The Company reserves the right to accept Oversubscriptions under the Offer to raise up to a further $100,000,000 (before the exercise of any Options).

The Offer provides investors with an opportunity to invest in an ASX listed investment company (LIC) which aims to give investors:

  • exposure to an actively managed, diversified portfolio of attractive companies in the Asian Region ex Japan;
  • access to a Manager with a proven investment philosophy and methodology for selecting undervalued stocks, a track record for delivering strong long-term returns and a team of experienced investment professionals; and
  • access to a portfolio with actively managed currency exposures that provide substantial diversification out of the Australian dollar.

For further information please visit the website: www.platinumasia.com.au