Aberdeen Singapore Fund, Inc. Announces Results Of Annual Meeting Of Stockholders

PHILADELPHIA, June 21, 2017 /PRNewswire/ -- Aberdeen Singapore Fund, Inc. (the "Fund") (NYSE: SGF) held its Annual Meeting of Stockholders (the "Meeting") on June 21, 2017.  At the Meeting, shareholders of the Fund voted to re-elect two Class I Directors to the Board of Directors. 

As of the record date, April 28, 2017, there were 7,418,948 outstanding shares of the Fund.  80.41% of the 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 one Class II Director to the Board of Directors:

Directors whose term of office continued beyond the Meeting are as follows: David Harmer, Rahn Porter and Moritz Sell. 

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 Aberdeen Singapore Fund, Inc.