Following its AGM and EGM, the board of Hipgnosis Songs Fund announced that the company has failed to pass its continuation resolution. As a result, the board will put forward proposals for the reconstruction, reorganisation or winding-up of the company to shareholders for their approval within the next six months. 71.5% of those voting opposed […]
The Crystal Amber Fund (CRS) announced its final results for the year ended 30 June 2023. Net Asset Value per share decreased by 4.6% over the period while the company also returned £37.5m to shareholders, as it goes through the realisation of its assets, bringing total returns of capital to more than £100 million. At […]
In QuotedData’s morning briefing 25 October 2023: NB Monthly Income Fund (NBMI), which is undergoing a managed wind down, has advised that it intends to distribute to shareholders an aggregate amount of approximately £23,537,000 by way of a partial compulsory redemption of shares on 13 November 2023. Pursuant to the compulsory redemption, the company will […]
VinaCapital Vietnam Opportunity Fund (VOF) announced its annual results for the period ended June 30, 2023. NAV total return in USD terms was -0.4% and the share price total return was -3.1%. While the VN Index is not a benchmark for the company, it serves as a useful comparison. Over the same 12-month period, the […]
In QuotedData’s morning briefing 24 October 2023: Following its recent strategic review, the board of Hipgnosis Songs Fund Limited (SONG) announced that it did not receive a superior offer as part of the Go-Shop process in connection with the first disposal. The company was in contact with 17 parties at the beginning of the Go-Shop, […]
In QuotedData’s morning briefing 18 October 2023: NB Global Monthly Income Fund (NBMI) provided an update for the month end September 30. The company noted that the managed wind-down of the portfolio, as described in the circular of 20 December 2022, has been in effect since the EGM shareholder approval of 27 January 2023. In […]
The board of Digital 9 Infrastructure (DGI9) provided an update on its recent shareholder consultation. Further to the announcement of 28 September 2023, the company’s board of directors confirms it has engaged with shareholders, representing approximately 74% of the issued share capital, in conjunction with the investment manager and the company’s joint corporate brokers, J.P. […]
Seraphim Space Investment Trust (SSIT) has announced its audited results for the financial year ended 30 June 2023. The company’s NAV total return was -7.1%, while shares fell 49% to see the discount widen to 70.9%. Regarding the discount, the board continues to believe this does not reflect the performance of the portfolio or how […]
In QuotedData’s morning briefing 17 October: Harmony Energy Income Trust (HEIT) announced the successful energisation of two BESS projects: the 198 MWh / 99 MW Bumpers project, located in Buckinghamshire; and the 99 MWh / 49.5 MW Little Raith Project in Fife, Scotland. Both projects were energised ahead of schedule and take the company’s total […]
ThomasLloyd Energy Impact (TLEI) has announced that it plans to proceed with the controversial RUMS project which led to a suspension of the fund’s shares back in April following a raft of related issues. We have discussed these in detail over the last few months with our latest updates here, and here. QD Comment: “The […]
