The Greater China Fund, Inc. (NYSE: GCH) Announces Election of Two Class III Directors and Termination of the Investment Mana...
2012年6月30日 - 1:29AM
Marketwired
The Greater China Fund, Inc. (NYSE: GCH) (the "Fund") announced
today the results of its 2012 Annual Meeting of Stockholders. At
the meeting, stockholders elected John A. Hawkins and Tak Lung
Tsim, each as a Class III director for a term of three years.
Stockholders also voted on a proposal by City of London
Management Company to terminate the Fund's Investment Advisory
Agreement with Baring Asset Management (Asia) Ltd. ("Baring"), the
Fund's Investment Manager. The proposal received the favorable vote
of a majority of the Fund's outstanding shares and therefore was
approved. As a result, the Fund's agreement with Baring will
terminate in 60 days. The Fund's Board of Directors will meet in
due course to consider an appropriate course of action.
For more information on the Fund, including the most recent
month-end performance, visit www.greaterchinafund.com or call
1-877-FUND-GCH (1-877-386-3424).
The Fund is a non-diversified, closed-end management investment
company that seeks long-term capital appreciation through investing
primarily in listed securities of China companies. The Fund's
interim investment adviser is Baring Asset Management (Asia)
Limited.
Contact: Patricia Baronowski 631-756-2486 Email Contact
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