PHILADELPHIA, June 23, 2016 /PRNewswire/ -- Aberdeen
Greater China Fund, Inc. (the "Fund") (NYSE: GCH) held its Annual
Meeting of Stockholders (the "Meeting") on June 22, 2016. At the Meeting, stockholders
of the Fund voted to elect one Class I Director to the Board of
Directors to hold office until the 2019 Annual Meeting of
Stockholders, or thereafter until his successor is elected and
qualified.
As of the record date, April 29,
2016, there were 8,997,674 outstanding shares of the
Fund. 81.536% of outstanding shares were present at the
meeting in person or by proxy, representing a quorum.
The description of the proposal and number of shares voted at
the Meeting are as follows:
To elect one Class I Director to the Board of Directors:
|
Votes
For
|
Votes
Against
|
Abstain
|
Class
I
|
|
|
|
Moritz A.
Sell
|
6,855,174.5
|
478,592.4
|
2,611.5
|
Directors whose term of office continued beyond the Meeting are
as follows: John A. Hawkins,
Jonathan J. K. Taylor, and
William C. Maher. Mr. Tsim
resigned from the Board of Directors effective June 22, 2016. The Board thanks Mr. Tsim
for his more than 20 years of service to the Fund and its
stockholders.
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
aberdeengch.com
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SOURCE Aberdeen Greater China Fund, Inc.