ABERDEEN Asset Management has received shareholder backing to issue 200 million new shares.
A general meeting in London passed the necessary resolutions with near unanimous backing.
AAM said: "Each of the ordinary resolutions put to the meeting in connection with the issuance [of shares] was passed by the necessary majority on a poll vote."
The company is raising £100 million from Mitsubishi UFJ Trust and Banking Corporation, which has a 17 per cent stake in AAM, by issuing the non-voting preference shares.
AAM intends to invest in new funds and strengthen its balance sheet through the deal.
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