Dipula deal no sure thing
It’s keen to collapse its A/B share structure through a deal with Resilient. But not everyone is happy with the price
Dipula Income Fund’s dual share concept may be outdated, but there are mixed views about whether Resilient Reit’s proposed R1bn investment in the black-managed fund is a win-win for everyone.
If approved, the R1bn equity raise and share buyback scheme will make Resilient a sizable shareholder of Dipula. More importantly, it will pave the way for Dipula to collapse its split A and B structure...