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  5. IN BRIEF: Aberdeen Asian Income to become UK tax resident; change name

Pin to quick picksAbrdn Asn Inc Share News (AAIF)

Abrdn Asn Inc Information

Share Price Information for Abrdn Asn Inc (AAIF)

London Stock Exchange
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Share Price: 213.00
Bid: 211.00
Ask: 213.00
Change: 2.00 (0.95%)
Spread: 2.00 (0.948%)
Open: 212.00
High: 213.00
Low: 212.00
Prev. Close: 211.00
AAIF Live PriceLast checked at -
abrdn Asian Income is an Investment Trust

To provide investors with a total return primarily through investing in Asia Pacific securities, including those with an above average yield. The Company aims to grow its dividends over time.

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IN BRIEF: Aberdeen Asian Income to become UK tax resident; change name

Wed, 08th Sep 2021 17:10

Aberdeen Asian Income Fund Ltd - investment firm - Says at extraordinary general meeting of the company held on Wednesday, the proposed special resolutions were approved by shareholders. As a result, from the start of 2022, the company intends to become tax resident in the UK and join the UK's investment trust regime in order to benefit from the double tax treaty arrangements that the UK currently has in place with some of the jurisdictions in which the company invests.

In addition, also with effect from January 1, 2022, the company's name will be changed to abrdn Asian Income Fund Ltd.

Current stock price: 229.00 pence

Year-to-date change: up 0.2%

By Evelina Grecenko; evelinagrecenko@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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