The Thai Capital Fund Announces Adjournment of Annual Meeting of Stockholders for 2012
06 June 2012 - 7:12AM
Marketwired
The Thai Capital Fund, Inc. (NYSE Amex: TF), a closed-end
management investment company which seeks long-term capital
appreciation through investment primarily in Thai equity securities
(the "Fund"), announced today that there were insufficient votes at
the Annual Meeting of Stockholders held on June 4, 2012 to pass the
proposal to liquidate and dissolve the Fund, and therefore the
Annual Meeting, with respect to the proposal to liquidate the Fund,
was adjourned to permit the solicitation of additional votes. This
proposal requires the affirmative vote of the holders of at least
66 2/3% of the outstanding shares of capital stock of the Fund
entitled to vote. The Annual Meeting of Stockholders, with respect
to the proposal to liquidate the Fund, will reconvene on Monday,
June 18, 2012, at the offices of Daiwa Capital Markets America
Holdings, Inc., Financial Square, 32 Old Slip, 14th Floor, New
York, New York 10005 at 4:00 p.m., New York time.
The Thai Capital Fund, Inc. Contact: John J. O'Keefe
Telephone: (800) 933-3440 or (201) 915-3054 www.daiwast.com Email
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