The Thai Capital Fund, Inc. Announces Payment Of Final Liquidation Distribution
NEW YORK, Sept. 30, 2013 /PRNewswire/ -- The Thai Capital Fund, Inc. (the "Fund") today announced that in connection with the liquidation and dissolution of the Fund, the Fund will pay today the final liquidating distribution in the amount of U.S. $1.21 per share to all stockholders of record as of August 16, 2013. The amount of this distribution equals the remainder of the proceeds of the liquidation of the Fund's portfolio following payment, or setting aside for payment, of all liabilities and obligations of the Fund. This distribution is comprised entirely of a return of capital.
In January 2014, a Form 1099-DIV will be sent to stockholders, which will state the amount and composition of distributions and provide information with respect to their appropriate tax treatment for the 2013 calendar year.
If stockholders have questions, they should contact Investor Relations at the telephone number or e-mail address listed below.
Circular 230 disclosure: To ensure compliance with requirements imposed by the U.S. Treasury, we inform you that any U.S. tax advice contained in this communication (including any attachments) is not intended or written to be used, and cannot be used, for the purpose of (i) avoiding penalties under the Internal Revenue Code or (ii) promoting, marketing or recommending to another party any transaction or matter addressed herein.
SOURCE The Thai Capital Fund, Inc.