Investment Matters

Company News

NextDC made an unconditional on-market takeover offer for Asia Pacific Data Centres (APDC), at a price of $2.00 per security (plus a 2cps special dividend payable on 14-Nov-18).  360 Capital (which you own in your equity allocation) owned 67.3% of APDC securities, and it accepted the offer.

This has been a good investment for 360 Capital, with it acquiring its interest in APDC for an average price of $1.84 over the period of May-17 to Nov-17 (and has also received distributions during the time of ownership).