{"id":499606,"date":"2021-05-27T17:10:13","date_gmt":"2021-05-27T21:10:13","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/aberdeen-japan-equity-fund-inc-announces-results-of-annual-meeting-of-stockholders-and-changes-to-board-of-directors\/"},"modified":"2021-05-27T17:10:13","modified_gmt":"2021-05-27T21:10:13","slug":"aberdeen-japan-equity-fund-inc-announces-results-of-annual-meeting-of-stockholders-and-changes-to-board-of-directors","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/aberdeen-japan-equity-fund-inc-announces-results-of-annual-meeting-of-stockholders-and-changes-to-board-of-directors\/","title":{"rendered":"Aberdeen Japan Equity Fund, Inc.  Announces Results Of Annual Meeting Of Stockholders And Changes To Board Of Directors"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"xn-location\">PHILADELPHIA<\/span>, <span class=\"xn-chron\">May 27, 2021<\/span> \/PRNewswire\/ &#8212;\u00a0<a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3178936-1&amp;h=4197787234&amp;u=http%3A%2F%2Fwww.aberdeenjeq.com%2F&amp;a=Aberdeen+Japan+Equity+Fund%2C+Inc.+(the+%22Fund%22)\" rel=\"nofollow noopener\">Aberdeen Japan Equity Fund, Inc. (the &#8220;Fund&#8221;)<\/a>\u00a0(NYSE : JEQ)\u00a0held its Annual Meeting of Stockholders (the &#8220;Meeting&#8221;) on <span class=\"xn-chron\">May 27<\/span>, 2021.\u00a0 At the Meeting, shareholders of the Fund voted to elect one Class I Director and one Class III Director to the Board of Directors. <\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/50305\/aberdeen_asset_management_inc__logo.html\" target=\"_blank\" rel=\"nofollow noopener\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/50305\/aberdeen_asset_management_inc__logo.jpg\" title=\"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.)\" alt=\"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.)\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p>As of the record date, <span class=\"xn-chron\">April 12, 2021<\/span>, the Fund had outstanding 13,408,535 shares of common stock. 91.17% of outstanding common stock were voted representing a quorum. <\/p>\n<p>The description of the proposal and number of shares voted at the Meeting are as follows:<\/p>\n<p>To elect one Class I Director to the Board of Directors:<\/p>\n<div class=\"prntal\">\n<table cellspacing=\"0\" cellpadding=\"0\" border=\"1\" class=\"prntblns\">\n<tr>\n<td nowrap=\"nowrap\" class=\"prnsbts prnrbrs prnvab prnsbbs prntar prnpl6 prnsbls prnpr6\">\n              \n            <\/td>\n<td nowrap=\"nowrap\" class=\"prngen3\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <u>Votes For<\/u><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen3\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <u>Votes Against<\/u><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen3\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <u>Votes Abstained<\/u><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen4\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Radhika Ajmera<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">9,908,684<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">2,297,886<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">17,782<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<\/table><\/div>\n<p>To elect one Class III Director to the Board of Directors:<\/p>\n<div class=\"prntal\">\n<table cellspacing=\"0\" cellpadding=\"0\" border=\"1\" class=\"prntblns\">\n<tr>\n<td class=\"prnsbts prnrbrs prnvab prnsbbs prnpl6 prnsbls prnpr6\">\n              \n            <\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <u>Votes For<\/u><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <u>Votes Against<\/u><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <u>Votes Abstained<\/u><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">P. Gerald Malone <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen5\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">10,215,461<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen5\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">1,990,854<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen5\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">18,037<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<\/table><\/div>\n<p>Also effective at the shareholder meeting on <span class=\"xn-chron\">May 27, 2021<\/span>, <span class=\"xn-person\">Richard J. Herring<\/span> retired from the Fund pursuant to the Fund&#8217;s retirement policy. The Board would like to extend its sincere gratitude to Mr. Herring and acknowledge the invaluable contributions he has made to the Fund during his tenure and wish him the best of success in all his future endeavours.\u00a0 Effective upon the retirement of Mr. Herring, the Board appointed P. <span class=\"xn-person\">Gerald Malone<\/span> to serve as a Class III director. <\/p>\n<p>In <span class=\"xn-location\">the United States<\/span>, Aberdeen Standard Investments is the marketing name for the following affiliated, registered investment advisers: Aberdeen Standard Investments Inc., Aberdeen Asset Managers Ltd., Aberdeen Standard Investments Australia Ltd., Aberdeen Standard Investments (<span class=\"xn-location\">Asia<\/span>) Ltd., Aberdeen Capital Management, LLC, Aberdeen Standard Investments ETFs Advisors LLC and Aberdeen Standard Alternative Funds Limited.<\/p>\n<p>Closed-end funds are traded on the secondary market through one of the stock exchanges. The Fund&#8217;s investment return and principal value will fluctuate so that an investor&#8217;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&#8217;s portfolio. There is no assurance that the Fund will achieve its investment objective.<\/p>\n<p class=\"prntac\">If you wish to receive this information electronically, please contact <a target=\"_blank\" href=\"mailto:InvestorRelations@aberdeenstandard.com\" rel=\"nofollow noopener\">InvestorRelations@aberdeenstandard.com<\/a><\/p>\n<p class=\"prntac\">aberdeenjeq.com<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder2\"><\/div>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=PH93310&amp;sd=2021-05-27\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow\" href=\"http:\/\/www.prnewswire.com\/news-releases\/aberdeen-japan-equity-fund-inc--announces-results-of-annual-meeting-of-stockholders-and-changes-to-board-of-directors-301301320.html\">http:\/\/www.prnewswire.com\/news-releases\/aberdeen-japan-equity-fund-inc&#8211;announces-results-of-annual-meeting-of-stockholders-and-changes-to-board-of-directors-301301320.html<\/a><\/p>\n<p>SOURCE  Aberdeen Japan Equity Fund, Inc.<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=PH93310&amp;Transmission_Id=202105271707PR_NEWS_USPR_____PH93310&amp;DateId=20210527\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire PHILADELPHIA, May 27, 2021 \/PRNewswire\/ &#8212;\u00a0Aberdeen Japan Equity Fund, Inc. (the &#8220;Fund&#8221;)\u00a0(NYSE : JEQ)\u00a0held its Annual Meeting of Stockholders (the &#8220;Meeting&#8221;) on May 27, 2021.\u00a0 At the Meeting, shareholders of the Fund voted to elect one Class I Director and one Class III Director to the Board of Directors. As of the record date, April 12, 2021, the Fund had outstanding 13,408,535 shares of common stock. 91.17% of outstanding common stock were voted representing a quorum. The description of the proposal and number of shares voted at the Meeting are as follows: To elect one Class I Director to the Board of Directors: Votes For Votes Against Votes Abstained Radhika Ajmera 9,908,684 2,297,886 17,782 To elect one Class &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/aberdeen-japan-equity-fund-inc-announces-results-of-annual-meeting-of-stockholders-and-changes-to-board-of-directors\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Aberdeen Japan Equity Fund, Inc.  Announces Results Of Annual Meeting Of Stockholders And Changes To Board Of Directors&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-499606","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Aberdeen Japan Equity Fund, Inc. 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(the &#8220;Fund&#8221;)\u00a0(NYSE : JEQ)\u00a0held its Annual Meeting of Stockholders (the &#8220;Meeting&#8221;) on May 27, 2021.\u00a0 At the Meeting, shareholders of the Fund voted to elect one Class I Director and one Class III Director to the Board of Directors. As of the record date, April 12, 2021, the Fund had outstanding 13,408,535 shares of common stock. 91.17% of outstanding common stock were voted representing a quorum. The description of the proposal and number of shares voted at the Meeting are as follows: To elect one Class I Director to the Board of Directors: Votes For Votes Against Votes Abstained Radhika Ajmera 9,908,684 2,297,886 17,782 To elect one Class &hellip; Continue reading &quot;Aberdeen Japan Equity Fund, Inc. 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(the &#8220;Fund&#8221;)\u00a0(NYSE : JEQ)\u00a0held its Annual Meeting of Stockholders (the &#8220;Meeting&#8221;) on May 27, 2021.\u00a0 At the Meeting, shareholders of the Fund voted to elect one Class I Director and one Class III Director to the Board of Directors. As of the record date, April 12, 2021, the Fund had outstanding 13,408,535 shares of common stock. 91.17% of outstanding common stock were voted representing a quorum. The description of the proposal and number of shares voted at the Meeting are as follows: To elect one Class I Director to the Board of Directors: Votes For Votes Against Votes Abstained Radhika Ajmera 9,908,684 2,297,886 17,782 To elect one Class &hellip; Continue reading \"Aberdeen Japan Equity Fund, Inc. 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