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abrdn Emerging Markets Equity Income Fund Inc T.AEF


Primary Symbol: AEF

abrdn Emerging Markets Equity Income Fund, Inc. (the Fund) is a non-diversified closed-end, management investment company. The Fund's investment objective is to seek to provide both current income and long-term capital appreciation. The Fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in emerging markets equity securities. The Fund invests in a range of sectors, including information technology, financials, consumer discretionary, materials, industrials, communication services, energy, consumer staples, utilities, real estate, health care, private equity, and short-term investment. The Fund's investment adviser is abrdn Investments Limited. abrdn Investments Limited is an indirect, wholly owned subsidiary of abrdn plc.


NYSEAM:AEF - Post by User

Post by nini222on Apr 05, 2018 5:18pm
131 Views
Post# 27839095

Big moves

Big moves
Acasta Enterprises Announces Issuance of Shares to ECN Capital and Director Appointment

TORONTO

Acasta Enterprises Inc. (TSX: AEF) (“Acasta” or the “Company”) announced today that 500,000 Class B shares in the capital of Acasta (the “ECN Shares”) were issued to a wholly-owned subsidiary of ECN Capital Corp. (“ECN”) at a deemed issuance price of $2.01 per share. As previously announced, the ECN Shares were issued in satisfaction of the remaining purchase price relating to Acasta’s acquisition of ECN’s commercial aviation business. The ECN Shares are subject to a four-month hold period, expiring August 6, 2018.

In addition, Acasta today announced the appointment of Ian Kidson, the Company’s Interim Chief Executive Officer, to the Board of Directors of the Company.

 

 


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