![]() This document is a supplementary target's statement ( "Supplementary Target's Statement") under section 644 of the Corporations Act 2001 (Cth) issued by PM Capital Asian Opportunities Fund Limited ACN 168 666 171 ("PAF") in response to the unconditional off-market takeover bid from WAM Capital Limited (" WAM") for all of the PAF Shares ("WAM Takeover Bid"). This announcement was authorised for release by the PAF Board Committee. PM Capital Asian Opportunities Fund Limited The WAM Takeover Bid is due to close on 14 January 2022 unless extended. That report concludes that the WAM Takeover Bid is fair and reasonable to PAF Shareholders in the absence of a superior proposal.įor details in relation to the recommendation of the PAF Directors and in relation to the Supplementary Independent Expert Report, please refer to the attached documentation. The Supplementary Target's Statement includes a Supplementary Independent Expert's Report from Lonergan Edwards & Associates Limited. The Directors of PM Capital Asian Opportunities Fund Limited now recommend that PAF shareholders should accept the WAM Capital Limited takeover bid (WAM Takeover Bid) before it expires, in the absence of a superior proposal.Īttached is a copy of the PAF Directors Supplementary Target Statement in this regard. ![]() PM Capital Asian Opportunities Fund (ASX: PAF) - PAF Directors recommend accepting WAM Takeover
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