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Voya Global Equity Dividend and Premium Opportunity Fund V.IGD.H


Primary Symbol: IGD

Voya Global Equity Dividend and Premium Opportunity Fund (the Fund) is a diversified closed-end management investment company. The Fund may lend portfolio securities in an amount equal to up to 33 1/3% of its managed assets to broker dealers or other institutional borrowers, in exchange for cash collateral and fees. The Fund may use the cash collateral in connection with the Fund’s investment program as approved by the investment adviser, including generating cash to cover collateral posting requirements. The use of cash collateral in connection with the Fund’s investment program may have a leveraging effect on the Fund, which would increase the volatility of the Fund and could reduce its returns and/or cause a loss. The Fund intends to engage in lending portfolio securities only when such lending is secured by cash or other permissible collateral in an amount at least equal to the market value of the securities loaned. Voya Investments, LLC is the investment advisor of the Fund.


NYSE:IGD - Post by User

Comment by lscfaon Nov 23, 2019 12:04am
100 Views
Post# 30384792

RE:Terminates agreement For cannibis

RE:Terminates agreement For cannibis

"Management is of the view that delisting from the TSXV will give the Company greater latitude to locate and enter into a new business opportunity. Although shareholders may grant the Board the authority to delist from the TSXV, the directors may elect not to implement such resolution until it finds a new business opportunity that requires such delisting as a condition of closing. Alternatively, the directors may effect the delisting notwithstanding that it would result in there being no new public market for the Company’ common shares."   




Cedroc wrote: Not a shocker they terminated their agreement and plan to delist completely 

 

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