The Asia Pacific Fund, Inc. Issues Liquidating Distribution NEW YORK, Jan. 31, 2019 (GLOBE NEWSWIRE) -- The Asia Pacific Fund, Inc. (the “Fund”) announces today that it has issued its liquidating distribution today pursuant to the Plan of Liquidation and Dissolution previously approved by the Fund’s stockholders at the 2018 Annual Meeting of Stockholders. The amount of the distribution of $11.5425 per share represents the proportionate interests of stockholders in the assets of the Fund, fixed on the basis of their respective holdings at the close of business on January 23, 2019. This amo...
The Asia Pacific Fund, Inc. Adopts Timeline for Liquidation and Dissolution of the Fund NEW YORK, Jan. 10, 2019 (GLOBE NEWSWIRE) -- The Asia Pacific Fund, Inc. (the “Fund”) announces today that it has adopted a final timeline for its liquidation (“Timeline”) pursuant to the Plan of Liquidation and Dissolution (the “Plan”) previously approved by the Fund’s stockholders at the 2018 Annual Meeting of Stockholders. Pursuant to the Timeline, the Fund will close its stock registry books at the close of business on Wednesday, January 23, 2019 (the “Determination Date”) and the trading of the Fu...
The Asia Pacific Fund, Inc. Announces Estimated Ordinary Income Dividend NEW YORK, Dec. 04, 2018 (GLOBE NEWSWIRE) -- The Board of Directors of The Asia Pacific Fund, Inc. (NYSE:APB) (the “Fund”) has declared a dividend of ordinary income estimated at $0.52 per share (which includes a short-term capital gains distribution estimated at $0.33 per share). In addition, the Fund will pay a distribution of $0.62 per share from net long-term capital gains on securities sold. The dividend is payable on December 21, 2018 to shareholders of record on December 14, 2018. The dividend is to be paid in...
A director at Asia Pacific Fund Inc sold 12,500 shares at 12.500USD and the significance rating of the trade was 53/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years c...
The Asia Pacific Fund, Inc. Announces Estimated Ordinary Income Dividend NEW YORK, Nov. 26, 2018 (GLOBE NEWSWIRE) -- The Asia Pacific Fund, Inc. (NYSE:APB) (the “Fund”) announced today that through October 31, 2018, it is expected that the Fund will pay a dividend from ordinary income estimated at $0.52 per share (which includes a short-term capital gains distribution estimated at $0.33 per share). The dividend will be declared in December 2018, to shareholders of record in such month, and paid in December 2018. In addition, it is expected that the Fund will pay an estimated distribution ...
Liquidation and Dissolution of Asia Pacific Fund, Inc. NEW YORK, Nov. 09, 2018 (GLOBE NEWSWIRE) -- The Asia Pacific Fund, Inc. (NYSE:APB) announced today that the liquidation and dissolution of the Fund’s portfolio is being conducted in an orderly fashion pursuant to the Plan of Liquidation and Dissolution approved by the Fund’s stockholders at the 2018 Annual Meeting of Stockholders. The Fund expects to make a liquidating distribution to stockholders in February 2019. Additional details regarding the liquidation, including the day on which the books of the Fund will be closed with respe...
Final Results of Stockholder Meeting of Asia Pacific Fund, Inc. NEW YORK, Oct. 23, 2018 (GLOBE NEWSWIRE) -- The Asia Pacific Fund, Inc. (NYSE:APB) announced today that according to the final official vote count provided by its Inspector of Elections following the Fund’s 2018 Annual Meeting of Stockholders, the Fund’s stockholders have voted to: Approve the election of Jessica M. Bibliowicz as a Director for a term expiring in 2021; andApprove a proposal to liquidate and dissolve the Fund pursuant to a Plan of Liquidation and Dissolution. The stockholder proposal to terminate the Fund’s ...
Asia Pacific Fund, Inc. Stockholders Approve Liquidation of Fund NEW YORK, Oct. 12, 2018 (GLOBE NEWSWIRE) -- The Asia Pacific Fund, Inc. (NYSE:APB) announced today that its stockholders have approved the liquidation and dissolution of the Fund. The final official results of the Annual Meeting of Stockholders will be announced when available. For more information, contact: Pristine Advisers – 1-888-4-ASIA-PAC (1-888-427-4272) or via email at The Asia Pacific Fund, Inc. is a diversified, closed-end management investment company, organized as a Maryland corporation and is registered with...
The Asia Pacific Fund, Inc. Board Will Submit Proposal for Liquidation of the Fund to Vote of Stockholders NEW YORK, Aug. 01, 2018 (GLOBE NEWSWIRE) -- The Asia Pacific Fund, Inc. (NYSE:APB) (the “Fund”) announced today that the Board of Directors (the “Board”) of the Fund will submit a proposal to stockholders to liquidate the Fund at the Fund’s 2018 Annual Meeting of Stockholders, to be held on October 12, 2018. While the Board believes that the Fund remains a favorable investment opportunity for stockholders and investors seeking exposure to the Asia region, certain institutional stock...
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