10.03.2020 22:07:00

Aberdeen Asia-Pacific Income Investment Company Limited Announces Election Of Directors

TORONTO, March 10, 2020 /CNW/ -- Aberdeen Asia-Pacific Income Investment Company Limited (TSX: FAP) (the "Company"), a closed-end investment company trading on The Toronto Stock Exchange, announced that the six nominees listed in the management information circular for the 2020 Annual General Meeting of Shareholders of the Company were elected as directors of the Company at the meeting of shareholders of the Company held on March 9, 2020 in the Cook Islands.

Aberdeen Asset Management Inc. At Aberdeen, asset management is our business. We only manage assets for clients, allowing us to focus solely on their needs and deliver independent, objective investment advice. We know global markets from the local level upwards, drawing on more than 1,900 staff, across 32 offices in 23 countries. Investment teams are based in the markets or regions where they invest, delivering local perspective in a global investment environment. (PRNewsFoto/Aberdeen Asset Management Inc.)

Detailed results of the vote for the election of directors held at the meeting are set out below:

Director

Votes For

Votes Withheld

Radhika Ajmera

6,577,873

338,290

P. Gerald Malone

5,735,388

1,180,775

Warren C. Smith

5,998,786

917,377

Martin J. Gilbert

5,726,247

1,189,916

Jennifer A. Nichols

5,696,692

1,219,471

William J. Braithwaite

6,802,322

113,841

Final voting results on all matters voted on at the meeting will be filed on SEDAR at www.sedar.com.

Aberdeen Standard Investments ("ASI") is the marketing name in Canada for Aberdeen Standard Investments (Canada) Limited, Aberdeen Standard Investments Luxembourg SA, Standard Life Investments Private Capital Ltd, SL Capital Partners LLP, Standard Life Investments Limited, Standard Life Investments (Corporate Funds) Limited, and Aberdeen Capital Management LLC.  Aberdeen Standard Investments (Canada) Limited, is registered as a Portfolio Manager and Exempt Market Dealer in all provinces and territories of Canada as well as an Investment Fund Manager in the provinces of Ontario, Quebec, and Newfoundland and Labrador.

Closed-end funds are traded on the secondary market through one of the stock exchanges. The Company'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 Company will achieve its investment objective. Past performance does not guarantee future results.

If you wish to receive this information electronically, please contact Investor.Relations@aberdeenstandard.com

aberdeenfap.com

 

SOURCE Aberdeen Asia-Pacific Income Investment Company Limited

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