PHILADELPHIA, March 30, 2015 /PRNewswire/ -- The Asia Tigers Fund, Inc. (the "Fund") (NYSE: GRR) held its Annual Meeting of Stockholders (the "Meeting") on March 26, 2015. At the Meeting, stockholders of the Fund voted to re-elect two Class II Directors to the Board of Directors.
As of the record date, February 6, 2015, there were 3,530,034 outstanding shares of the Fund. 83.74% of outstanding shares were voted at the meeting representing a quorum.
The description of the proposal and number of shares voted at the Meeting are as follows:
To elect two Class II Directors to the Board of Directors:
Votes For | Votes Withheld | |
Jeswald W. Salacuse | 1,814,140 | 1,141,980 |
Martin Gilbert | 1,828,364 | 1,127,756 |
Directors whose term of office continued beyond this meeting are as follows: Lawrence K. Becker, Leslie H. Gelb, and Luis F. Rubio.
Closed-end funds are traded on the secondary market through one of the stock exchanges. The Fund's investment return and principal value will fluctuate so that an investor's shares may be worth more or less than the original cost. Shares of closed-end funds may trade above (a premium) or below (a discount) the net asset value (NAV) of the fund's portfolio. There is no assurance that the Fund will achieve its investment objective.
If you wish to receive this information electronically, please contact InvestorRelations@aberdeen-asset.com
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SOURCE The Asia Tigers Fund, Inc.
