Asian Energy Impact (AEIT), the former ThomasLloyd Energy Impact trust, is now in a position to apply to the Financial Conduct Authority for the restoration of its listing, nearly one year after its shares were suspended due to overdue accounts.
Following the publication of its long-awaited 2022 annual report in January and its updated key information document today (6 March), the board said it would submit the application to the regulator "expeditiously". Uncertainty over the valuation of the RUMS project - a solar park construction in India - in which 8% of AEIT's portfolio was invested at the time, prevented the audit of the 2022 accounts, which led to the trust's temporary suspension in April 2023. Former ThomasLloyd Energy Impact trust posts overdue results as strategic review continues A public battle between then ma...
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