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A majority of Dipula Income Fund shareholders voted in favour of collapsing the dual A- and B-share structure into a single class of ordinary shares in Thursday’s combined shareholder meeting.

This follows the proposal pitched to shareholders earlier in 2022 for a share swap (exchange) ratio, in which Dipula will buy back and cancel all its issued A-shares shares at a swap ratio of 2.4 B-shares for every A-share in issue...

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