Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Privacy Policy | Disclaimer

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Voya Asia Pacific High Dividend Equity Income Fund T.IAE


Primary Symbol: IAE

Voya Asia Pacific High Dividend Equity Income Fund (the Fund) is a diversified, closed-end management investment company. The Fund’s investment objective is total return through a combination of current income, capital gains and capital appreciation. The Fund seeks to achieve its investment objective by investing primarily in a portfolio of dividend yielding equity securities of Asia Pacific companies. The Fund will seek to achieve its investment objective by investing at least 80% of its managed assets in dividend producing equity securities of, or derivatives having economic characteristics similar to the equity securities of Asia Pacific Companies that are listed and traded principally on Asia Pacific exchanges. The Fund will invest in approximately 60-120 equity securities and will select securities through a bottom-up process that is based upon quantitative screening and fundamental analysis. Voya Investments, LLC is an investment adviser of the Fund.


NYSE:IAE - Post by User

Voya Asia Pacific High Dividend Equity Income Fund > PFP1 (2011 Petrofac NR)
<< Previous
 Bullboard Posts
Next >>
User Avatar Image
(0)
•••
Post by KeithR39on Aug 12, 2016 4:00pm
156 Views
Post# 25137342

PFP1 (2011 Petrofac NR)

PFP1 (2011 Petrofac NR)https://www.petrofac.com/en-gb/media/news/petrofac-announces-ies-agreement-in-the-north-sea/

"The FPF1 Company has an option to require Petrofac to acquire the upgraded FPF1 on cessation of production"

So, Ithaca and Dyas are the owner today, and they have the option to ask Petrofac to buy back the unit, at a low ball figure.

I understand that the difference between the book value and the market value will not show up in the balance sheet until the FPF1 is being sold, but the real market value is there and would apply if they eventually sell... I'll try to check with some contacts in the maritime industry for that potential market value. I'll let you know.

Thanks to all
<< Previous
 Bullboard Posts
Next >>
Dealroom for high-potential pre-IPO opportunities