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Majority shareholder vote saves APW from wind-up
AIMS Capital Management's ability to put its 38% stake to vote tips the outcome in its favour
Published Tue, Jan 3, 2017 · 09:50 PM
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Singapore
AIMS Property Securities Fund (APW) will not be wound up after all.
After unitholders voted at a meeting which was requisitioned by certain minority investors hoping to close the fund, the results came in overwhelmingly against the motion.
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