How do I process Genea Limited demerger to Biocell Holdco share?
To resolve this issue, manually:
Step 1: Process the Demerger
Step 2: Process the Dividend and Capital Call
Process the Demerger
Navigate to Fund Level > Transactions > Investment-Corporate Action > Take Over or Merger
- Create the Demerger corporate action
Refer to our User Guide for detailed steps on Manual Corporate Actions.
Process the Dividend and Capital Return
Navigate to Fund Level > Transactions > Investment -Corporate Action > Capital Call
- Select Biocell as the Investment Account
- Enter all relevant fields
- Click on Submit
Navigate to Fund Level > Transactions > Fund Income > Dividend - Cash
- Create the Dividend Cash event with the same amount as the Capital Call event.
Navigate to Fund Level > Transactions > Match Transactions
- Match off the Capital Call event and the Dividend - Cash Event