Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

If the response to the Scheme is poor, i.e. many Unitholders elect to receive cash, will the Trustee-Manager suspend the Scheme?

April 26, 2017cash poor Response Scheme suspend trustee-manager unitholders

0

Posted

If the response to the Scheme is poor, i.e. many Unitholders elect to receive cash, will the Trustee-Manager suspend the Scheme?

1 Answer

0

Posted

There is no minimum level of participation for the Scheme. There is no requirement to suspend the Scheme as the Board will decide for each distribution whether the Scheme is applicable.