NEW YORK, April 22, 2015 /PRNewswire/ -- The Taiwan
Fund, Inc. (TWN) announced today the results of its Annual
Stockholders Meeting held on April
21, 2015. The Fund's stockholders elected seven
individuals to the Board of Directors. Joe O. Rogers, M.
Christopher Canavan, Jr., Michael F.
Holland, William C. Kirby,
Anthony Kai Yiu Lo, Lawrence A. Kudlow and Chih T. Cheung were elected for one-year terms,
expiring in 2016.
|
|
|
Director
|
Votes Case
for
|
Votes
Against/Withheld
|
Joe O.
Rogers
|
4,350,321
|
2,786,717
|
M. Christopher
Canavan, Jr.
|
4,321,650
|
2,815,388
|
Michael F.
Holland
|
6,942,512
|
194,526
|
William C.
Kirby
|
7,001,039
|
135,999
|
Anthony Kai Yiu
Lo
|
4,040,705
|
3,096,334
|
Lawrence A.
Kudlow
|
6,985,267
|
151,771
|
Chih T.
Cheung
|
6,994,792
|
142,246
|
|
|
|
The stockholders of the Fund also voted to remove the Fund's
investment limitation that restricts the Fund's equity investments
to securities listed and traded on the Taiwan stock exchange or traded in the
over-the-counter market in Taiwan
(collectively, "Taiwan Traded Securities"). The Fund reported
that 76.96% of the Fund's outstanding shares voted in favor of
removing the Fund's investment limitation that restricts the Fund's
equity investments to Taiwan Traded Securities.
|
|
|
|
For
|
Against
|
Abstain
|
Non-votes
|
6,329,053
|
29,604
|
1,179
|
777,203
|
|
|
|
|
The Fund is a diversified closed-end investment company, which
seeks long term capital appreciation primarily through investments
in equity securities listed on the Taiwan Stock Exchange.
Shares of the Fund are listed on the New York Stock Exchange under
the ticker symbol "TWN."
For additional information on the Fund, including information on
the Fund's holdings, visit the Fund's website at
www.thetaiwanfund.com or call 1-877-864-5056.
To view the original version on PR Newswire,
visit:http://www.prnewswire.com/news-releases/the-taiwan-fund-inc-announces-the-results-of-the-annual-stockholders-meeting-300070408.html
SOURCE The Taiwan Fund, Inc.