As at the 31st of March 2019 the NAV of the Class A shares of the Pangolin Asia Fund was US$472.67 net of all fees and expenses, up 1.19% from US$467.10 in February.

As of 8 May, shareholders amounting to 6.8% indicated they will reject the offer. Along with our 2.9% we are now at 9.7% against.

Mr Loo and Dymon Asia, via Digileap Capital, are attempting to take Challenger private at S$0.56c a share. We believe this price to be significantly below the true value of the company. This offer will not go through if 10% of the shareholders reject it.

As at the 28th of February 2019 the NAV of the Class A shares of the Pangolin Asia Fund was US$467.10 net of all fees and expenses, up 0.99% from US$462.51 in January.

Death to Palm Oil?

And Neither Should You.

As at the 31st of January 2019 the NAV of the Class A shares of the Pangolin Asia Fund was US$462.51 net of all fees and expenses, up 3.21% from US$448.11 in December.

As at the 31st of December 2018 the NAV of the Class A shares of the Pangolin Asia Fund was US$448.11 net of all fees and expenses, up 0.37% from US$446.46 in November. For FY 2018 we were down 7.76%.

As at the 30th November 2018 the NAV of the Class A shares of the Pangolin Asia Fund was US$446.46 net of all fees and expenses, up 3.01% from US$433.40 in October.

As at the 31st of October 2018 the NAV of the Class A shares of the Pangolin Asia Fund was US$433.40 net of all fees and expenses, down 3.75% from US$450.29 in September.