News Column

Pacific Alliance Asia Opportunity Fund Mulls New Initiatives

June 27, 2014

Steve McGrath



LONDON (Alliance News) - Pacific Alliance Asia Opportunity Fund Ltd Friday said it is evaluating new initiatives to reduce its share price discount and enable shareholders to realise the value in their holdings at or close to the company's net asset value, after its master fund took a 27.27% stake.


AIM-listed Pacific Alliance Asia Opportunity Fund is a feeder fund for Pacific Alliance Asia Opportunity Fund LP, the master fund.


"The board expects to complete its evaluation and announce these new initiatives in the coming week," the fund said in a statement.


Pacific Alliance Asia Opportunity Fund Ltd shares last traded at USD1.43625.







For more stories on investments and markets, please see HispanicBusiness' Finance Channel



Source: Alliance News


Story Tools






HispanicBusiness.com Facebook Linkedin Twitter RSS Feed Email Alerts & Newsletters