The Greater China Fund, Inc. (NYSE: GCH) Announces Amendment to Proposal to Approve Aberdeen Asset Management Asia Limited
November 26, 2012 17:10 ET
The Greater China Fund, Inc. (NYSE: GCH) Announces Amendment to Proposal to Approve Aberdeen Asset Management Asia Limited
NEW YORK, NY--(Marketwire - Nov 26, 2012) - The Greater China Fund, Inc. (
Further information about the amended proposal to approve Aberdeen will appear in the Fund's proxy statement supplement which will be filed with Securities and Exchange Commission ("SEC") and distributed to all stockholders of record as of the record date. Copies of the proxy statement supplement will also be available at the SEC's website at [ www.sec.gov ]. Information about the Tender Offer, including its commencement, which will only occur if Aberdeen is approved, will be announced via future press releases. The Tender Offer will be made and stockholders will be notified in accordance with the requirements of the Securities Exchange Act of 1934, as amended, and the Investment Company Act of 1940, as amended, either by publication or mailing or both.
You may contact the Fund's proxy solicitor, AST Fund Solutions, LLC at 212 400-2605 with any questions you have regarding the Fund's solicitation of proxies to approve Aberdeen as the Fund's new investment manager.
Closed-end funds, unlike open-end funds, are not continuously offered. There is a one-time public offering and once issued, shares of closed-end funds are sold in the open market through a share exchange. Shares of closed-end funds frequently trade at a discount to the net asset value. The price of a fund's shares is determined by a number of factors, several of which are beyond the control of the fund. Therefore, a fund cannot predict whether its shares will trade at, below or above net asset value.
This press release shall not constitute an offer to sell or a solicitation to buy, nor shall there be any sale of the Fund's shares 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.
For more information on the Fund, visit [ www.greaterchinafund.com ] or call 1-877-FUND-GCH (1-877-386-3424).