NEW YORK, March 4, 2016 /PRNewswire/ -- The Taiwan
Fund, Inc. (TWN) (the "Fund"), announced today that the Board of
Directors of the Fund has nominated Ms. Shelley Rigger for election as a Director at the
Fund's upcoming Annual Meeting of Stockholders on April 19, 2016 (corrected from original) (the
"2016 Annual Meeting"). Ms. Rigger would replace Mr. M. Christopher Canavan, Jr., who has chosen not
to stand for re-election as a director of the Fund. Ms. Rigger is
the Brown Professor of East Asian Studies at Davidson College. She is a recognized expert in
Taiwan and Chinese politics and
has written several books and numerous articles related to
Taiwanese and Chinese history and business. Ms. Rigger's nomination
is a continuation of a process of turnover in Board membership in
connection with the retirement, or anticipated retirement, of Board
members. As part of this process, the Board has sought to maintain
the Board's strong bench of members with significant knowledge of
and experience with Taiwan. Ms.
Rigger's nomination follows last year's election of Mr.
Chih T. Cheung as a director. Mr.
Cheung has significant experience in Taiwan, Mainland China and cross-Strait
economic and business environments.
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.
ADDITIONAL INFORMATION AND WHERE TO FIND IT
The Fund intends to file a proxy statement with the U.S.
Securities and Exchange Commission (the "SEC") with respect to the
2016 Annual Meeting. THE FUND'S STOCKHOLDERS ARE STRONGLY
ENCOURAGED TO READ ANY SUCH PROXY STATEMENT, THE ACCOMPANYING WHITE
PROXY CARD AND OTHER DOCUMENTS FILED WITH THE SEC CAREFULLY IN
THEIR ENTIRETY WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN
IMPORTANT INFORMATION.
The Fund and its directors and officers may be deemed to be
participants in the solicitation of proxies from the Fund's
stockholders in connection with the matters to be considered at the
2016 Annual Meeting. Information about the Fund's directors and
officers is available in the Fund's proxy statement, dated
March 6, 2015, for its 2015 Annual
Meeting. To the extent holdings of the Fund's securities by such
directors or officers have changed since the amounts printed in the
2015 proxy statement, such changes have been or will be reflected
on Statements of Change in Ownership on Form 4 filed with the SEC.
More detailed information regarding the identity of potential
participants, and their direct or indirect interests, by security
holdings or otherwise, will be set forth in the proxy statement and
other materials to be filed with the SEC in connection with the
Fund's 2016 Annual Meeting. Stockholders will be able to obtain any
proxy statement, any amendments or supplements to the proxy
statement and other documents filed by the Fund with the SEC free
of charge at the SEC's website at www.sec.gov. Copies also will be
available free of charge at the Fund's website at
www.thetaiwanfund.com (corrected from original) or by calling (877)
864-5056.
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visit:http://www.prnewswire.com/news-releases/the-taiwan-fund-inc-announces-nomination-of-new-director-corrected-300231153.html
SOURCE The Taiwan Fund, Inc.