As of the record date, July 31, 2017, there were 3,466,783 outstanding shares of the Fund.  85.90% of 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 three Class I Directors to the Board of Directors:

Votes For

Votes Against


Class I

Leslie H. Gelb




Nancy Yao Maasbach




Luis F. Rubio




Directors whose term of office continued beyond the Meeting are as follows: Jeswald W. Salacuse, Martin Gilbert and Nisha Kumar.

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.

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SOURCE The Asia Tigers Fund, Inc.

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Arul Is a researcher and law student at Anna University (Chennai). He has worked as the Director of the Graduate Lawyering Program.