HICL Infrastructure Company Limited has announced that “it would be in the best interests of both the Company and its shareholders as a whole to change the domicile and tax residency of HICL’s investment business to the UK through the creation of a new UK incorporated company whose shares would be listed on the UKLA’s Official List and admitted to the main market of the London Stock Exchange to which all of the Company’s assets would be transferred” (Regulated News Service, 21 November 2018).
The change is expected to be effective from 31 March 2019 or shortly after.