At the Extraordinary General Meeting of abrdn China Investment Company Limited (the "Company") held on 13 March 2024 in connection with the proposals for a combination of the assets of the Company with Fidelity China Special Situations plc ("FCSS") to be effected by way of a Guernsey scheme of reconstruction and winding up of the Company (the "Scheme"), the Resolution set out in the notice of the Second General Meeting sent to Shareholders dated 16 February 2024 (the "Notice") was duly passed. As a result of the passing of the Resolution, the Company has been placed into voluntary winding up pursuant to Section 391(1)(b) of the Companies (Guernsey) Law, 2008 and Gareth Morris and Jonathan Dunn, both of FRP Advisory Trading Limited, have been appointed as joint liquidators of the Company. abrdn Fund Managers Limited is no longer responsible for the management of this investment company. All enquiries should be directed to the joint liquidators at: FRP Advisory Trading Limited, Kings Orchard, 1 Queen Street, Bristol, BS2 0HQ. Phone enquiries: +44 (0)117 203 3700. Email: Bristol@frpadvisory.com
abrdn China Investment Company Limited (ACIC) is a closed-end investment company with its Ordinary shares listed on the Premium Segment of the London Stock Exchange.
The Company’s name, objective and investment policy were changed following approval by shareholders at an Extraordinary General Meeting on 26 October 2021, and in November 2021 the Company completed its combination with Aberdeen New Thai Investment Trust PLC.
The Company's new objective is to produce long-term capital growth by investing predominantly in Chinese equities.
Managers Nicholas Yeo and Elizabeth Kwik are both based in the region and are supported by a team of over fifty investment managers.
The value of investments and the income from them can go down as well as up and you may get back less than the amount invested.