360 ONE WAM LTD

360 ONE Consolidates Asset Management Businesses 🔄

• 360 ONE Portfolio Managers Limited and 360 ONE Asset Management Limited approve transfer of AIF Business and PMS Business

• Transfer is on a going concern and slump sale basis for lump sum consideration not less than net book value

• Consolidates asset management for public equities under 360 ONE Asset Management Limited

• Creates unified investment platform

• Transfer requires shareholder approval and other consents

• Both entities are wholly owned by parent company 360 ONE WAM Limited

• Transfer not prejudicial to investors, creditors, or shareholders

• Does not benefit promoters or change shareholding structure