Aberdeen New Thai Investment Trust Plc - ANW- Profile

Aberdeen New Thai Investment Trust PLC. The Company's principal activity is that of an Investment Trust Company. The objective of the Company is to provide shareholders with a high level of long-term, above average capital growth through investment in Thailand. The Company is an Investment Company within the meaning of Section 266 of the Companies Act 1985. The Company has been approved by the Inland Revenue as an Investment Trust for the purposes of Section 842 of the Income and Corporation Taxes Act 1988 for the year ended 28-Feb-2005.Investment management services are provided by Aberdeen Asset Management Asia Ltd for a fee calculated at the rate of 1% per annum of the net asset value of the Company payable monthly in arrears. The agreement is terminable on one year's notice. Operates as an Investment Trust Company