The Asia Tigers Fund, Inc. Announces Results Of Annual Meeting Of Stockholders

PR Newswire 15-Sep-2017 4:05 PM

PHILADELPHIA, Sept. 15, 2017 /PRNewswire/ --The Asia Tigers Fund, Inc. (the "Fund") (NYSE: GRR) held its Annual Meeting of Stockholders (the "Meeting") on September 15, 2017. At the Meeting, stockholders of the Fund voted to elect three Class I Directors to the Board of Directors, each to hold office until the 2020 Annual Meeting of Stockholders, respectively, or thereafter until his or her successor is elected and qualified.

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As of the record date, July 31, 2017, there were 3,466,783 outstanding shares of the Fund. 85.90% 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 three Class I Directors to the Board of Directors:

Votes For

Votes Against


Class I

Leslie H. Gelb




Nancy Yao Maasbach




Luis F. Rubio




Directors whose term of office continued beyond the Meeting are as follows: Jeswald W. Salacuse, Martin Gilbert and Nisha Kumar.

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.

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SOURCE The Asia Tigers Fund, Inc.

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