|By PR Newswire||
|February 3, 2014 01:23 PM EST||
PHILADELPHIA, Feb. 3, 2014 /PRNewswire/ -- The Asia Tigers Fund, Inc. (the "Fund") (NYSE: GRR) (the "Fund") announced today that the Special Meeting of Stockholders, with respect to the proposal to eliminate the interval fund structure, a fundamental policy of the Fund, ("Policy"), has been adjourned to Wednesday, March 12, 2014 to permit the solicitation of additional votes.
The proposal to eliminate the interval fund structure is outlined in the Fund's proxy statement dated December 11, 2013. Stockholders are strongly encouraged to vote by proxy, which is customary in stockholder meetings of this kind. You may also vote by calling 1-800-337-3503.
The Special Meeting of Stockholders will reconvene on Wednesday, March 12, 2014 at the offices of Aberdeen Asset Management Inc., 712 Fifth Avenue, 49th Floor, New York, New York 10019 at 10:30 a.m., New York time.
Closed-end funds have a one-time initial public offering and then are subsequently traded on the secondary market through one of the stock exchanges. The 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) NAV of the fund's portfolio. There is no assurance that a fund will achieve its investment objective. Past performance does not guarantee future results.
International investing entails special risk considerations, including currency fluctuations, lower liquidity, economic and political risks, and differences in accounting methods; these risks are generally heightened for emerging market investments.
This press release may contain statements regarding plans and expectations for the future that constitute forward-looking statements within the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact are forward-looking and can be identified by the use of words such as "may," "will," "expect," "anticipate," "estimate," "believe," "continue" or other similar words. Such forward-looking statements are based on the Fund's current plans and expectations, and are subject to risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. Additional information concerning such risks and uncertainties are contained in the Fund's filings with the SEC.
In the United States, Aberdeen Asset Management (AAM) is the marketing name for the following affiliated, registered investment advisers: Aberdeen Asset Management Inc., Aberdeen Asset Managers Limited, Aberdeen Asset Management Ltd. and Aberdeen Asset Management Asia Ltd., each of which is wholly owned by Aberdeen Asset Management PLC. "Aberdeen" is a U.S. registered service mark of Aberdeen Asset Management PLC.
If you wish to receive this information electronically, please contact [email protected]
SOURCE The Asia Tigers Fund, Inc.