The unit holders of the Tesco Lotus Retail Growth Freehold and Leasehold Property Fund (TLGF) have approved the proposed injection of five additional Tesco Lotus-anchored shopping malls into the Thailand-listed property fund.
The expansion was proposed on September 3rd and was given the green light at an extraordinary general meeting on October 5th, paving the way for the issuance and allocation of up to 650m new investment units on a public offering basis.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
-
Review: Eden Roc Cap Cana – fun, sun and golf in the CaribbeanTravel Eden Roc Cap Cana in the Dominican Republic offers everything from relaxing by the pool to a world-class golf course
-
Reeves delays cash ISA reform, but savers are not out of the woods yetThe chancellor has reportedly delayed plans to cut the cash ISA limit, which were set to be announced at Mansion House on 15 July, and will take more time to consult with the industry
