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  3. Asia Dragon Share Price
  4. Asia Dragon Share Regulatory News
  5. Response to AWEM Announcement

Pin to quick picksAsia Dragon Regulatory News (DGN)

Asia Dragon Information

Share Price Information for Asia Dragon (DGN)

London Stock Exchange
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Share Price: 403.00
Bid: 0.00
Ask: 0.00
Change: 0.00 (0.00%)
Spread: 3.00 (0.75%)
Open: 0.00
High: 0.00
Low: 0.00
Prev. Close: 403.00
DGN Live PriceLast checked at -
Asia Dragon is an Investment Trust

The objective is long-term capital growth through investment in Asia, with the exception of Japan and Australasia. Investments are made primarily in stock markets in the region, principally in large companies.

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Response to AWEM Announcement

7 May 2024 09:09

RNS Number : 4057N
Asia Dragon Trust PLC
07 May 2024
 

7 May 2024

 

Asia Dragon Trust plc

 

Response to AWEM Announcement

 

The Board of Asia Dragon Trust plc ("DGN" or the "Company") notes the announcement this morning by Ashoka WhiteOak Emerging Markets Trust plc ("AWEM") regarding a proposal for the combination of the assets of DGN and AWEM by way of a scheme of reconstruction of DGN pursuant to section 110 of the Insolvency Act 1986 and a rollover of its assets into AWEM (the "AWEM Proposals").

 

The Board confirms that it has received an approach from AWEM and urges shareholders to take no action at this time in relation to the AWEM Proposals.

 

The Company will make a further announcement in due course.

 

For further information:

 

 

abrdn Holdings Limited

Charles Mearns (Company Secretary)

 

0131 372 9369

Winterflood Investment Trusts

Neil Langford

 

020 3100 0160

 

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