PHILADELPHIA, June 23, 2016 /PRNewswire/ -- Aberdeen Singapore Fund, Inc. (the "Fund") (NYSE: SGF) held its Annual Meeting of Stockholders (the "Meeting") on June 22, 2016. At the Meeting, shareholders of the Fund voted to re-elect two Class I Directors to the Board of Directors.
As of the record date, April 29, 2016, there were 7,622,858 outstanding shares of the Fund. 77.18% of the 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 two Class I Directors to the Board of Directors:
Votes For |
Votes Against |
Abstained |
|
David Harmer |
4,595,157 |
1,238,322 |
50,161 |
Rahn Porter |
4,602,125 |
1,233,318 |
48,197 |
Directors whose term of office continued beyond the Meeting are as follows: Martin Gruber, Richard Herring and Moritz Sell.
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 [email protected]
aberdeensgf.com
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SOURCE Aberdeen Singapore Fund, Inc.
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