Original article by Matt Chambers
The Australian – Page: 17 & 20 : 20-Jun-17

Aberdeen Asset Management’s Andrew Preston says scrapping BHP Billiton’s dual-listing structure in favour of a single Australian listing may be the best option. He adds that the cost of such a restructuring would be a key consideration, but argues that many of BHP’s non-Australian assets have been divested since the dual listing was established. Preston also notes that the issue of franking credits, which are of no value to investors in BHP’s London-listed shares, would also have to be considered.

CORPORATES
BHP BILLITON LIMITED – ASX BHP, ABERDEEN ASSET MANAGEMENT LIMITED, ELLIOTT MANAGEMENT CORPORATION, AMCOR LIMITED – ASX AMC, AMP CAPITAL INVESTORS LIMITED, AUSTRALIA. DEPT OF THE TREASURY