Shareholders in the Asian Energy Impact trust, formerly known as ThomasLloyd Energy Impact, have voted overwhelmingly against a proposal to voluntarily wind-up the portfolio, in line with the board's view.
The trust failed its continuation vote in August, a move which triggered the board to put forward proposals for the reconstruction, reorganisation or winding-up of the fund to shareholders for their approval. At a general meeting yesterday (19 December), 83.1% of shareholders voted against the voluntary wind-up, with the remaining 16.9% voting in favour of the action. Board of former ThomasLloyd Energy Impact expects delayed reports before year-end The board had pushed for shareholders not to vote in favour of the voluntary wind-down, as it sought to complete its strategic review a...
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