The Thai Capital Fund Will Not Make Year-End Distribution for 2011
08 December 2011 - 1:29AM
Marketwired
The Thai Capital Fund, Inc. (NYSE Amex: TF) today announced that it
will not declare an year-end distribution to its stockholders for
2011. It was determined that there was no excise tax basis
requirement to declare a 2011 year-end distribution. However, the
Fund will make a required long term capital gain distribution for
the year ended December 31, 2011 pursuant to the Internal Revenue
Code of 1986, as amended, in an amount and on a date in 2012 to be
determined.
The Fund is a closed-end management investment company which
seeks long-term capital appreciation through investment primarily
in Thai equity securities.
Contact: John J. O'Keefe Telephone: (800) 933-3440 or (201)
915-3054 www.daiwast.com Email Contact
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