JPMorgan China Region Fund, Inc. Results of Annual Meeting of Stockholders
20 Julho 2016 - 6:54PM
Business Wire
JPMorgan China Region Fund, Inc. (‘JFC’ or the ‘Fund’) announced
today that, based on the preliminary vote count provided by its
proxy solicitor following the Fund’s 2016 Annual Meeting of
Shareholders (‘Annual Meeting’), on each proposal put forth, the
Fund’s stockholders have voted in accordance with the
recommendations of the Board of Directors. Accordingly, based on
the solicitor’s preliminary vote count, the Fund’s stockholders
have voted to:
- Approve the election of Mr. John R.
Hass and Mr. Alistair E.M. Laband as Directors for a term expiring
in 2019; and
- Reject the two stockholder proposals
put forth by two activist stockholders, Ancora Catalyst Fund LP and
Merlin Partners LP, to terminate the investment advisory agreement
between the Fund and JF International Management Inc., and to
request the Board authorize a self-tender offer and potential
liquidation of the Fund.
Final results of the election will be published once they are
certified by the independent inspector of elections following the
customary review period.
The Fund is a non-diversified, closed-end management investment
company whose shares are traded on the New York Stock Exchange. The
Fund trades under the symbol “JFC.”
The Fund seeks to achieve long-term capital appreciation through
investments primarily in equity securities of companies with
substantial assets in, or revenues derived from, the People's
Republic of China, Hong Kong, Taiwan and Macau—collectively, the
China Region.
Copies of the documents filed with the SEC by the Fund are
available free of charge on the Fund’s internet website at
http://www.jpmchinaregionfund.com
JPMorgan Fund Services, in Boston, MA is the Fund’s accounting
and administrative agent.
This release shall not constitute an offer to sell or a
solicitation to buy, nor shall there be any sale of Fund securities
in any state or jurisdiction in which such offer or solicitation or
sale would be unlawful prior to registration or qualification under
the laws of such state or jurisdiction.
Investing involves risk and it is possible to lose money on any
investment in the Fund. Past performance is no guarantee of future
returns.
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version on businesswire.com: http://www.businesswire.com/news/home/20160720006497/en/
Simon Crinage,President and Interested DirectorLucy Dina,
SecretaryTelephone: +44 20 7742 4000Email:
lucy.j.dina@jpmorgan.comWebsite:
http://www.jpmchinaregionfund.com
JPMorgan China Region Fund, Inc. (NYSE:JFC)
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