Unitholders have approved proposals to wind up Mulvihill Pro-AMS 100 Plus (CDN$) Trust and Mulvihill Pro-AMS 100 Plus (US$) Trust.
Both trusts will be wound up on September 26, prior to their scheduled December 30 termination date.
On September 26, the assets of the each trust will be liquidated and the proceeds of the sale of the trusts’ assets (net of any liabilities and expenses) will be distributed to unitholders. Units of each trust will be delisted by the Toronto Stock Exchange.
The trusts say that at current net asset values, it is becoming uneconomical to unitholders from an expense perspective to continue to operate each trust over its remaining term.
Two Mulvihill Pro-AMS 100 Plus trusts to be liquidated
- By: IE Staff
- September 9, 2008 September 9, 2008
- 12:45