Key Developments: Thai Capital Fund Inc (TF)
14.33USD
20 May 2013
$0.06 (+0.43%)
$14.27
$14.25
$14.42
$14.25
12,179
5,095
$14.57
$10.16
Latest Key Developments (Source: Significant Developments)
Thai Capital Fund Inc Announces Proposed Liquidation and Date of Annual Meeting for 2012
Thai Capital Fund Inc announced that at a Meeting of the Board of Directors of the Fund held on March 8, 2012, the Board approved and will recommend to the Fund's stockholders a Plan of Liquidation and Dissolution for the Fund. Liquidation of the Fund will require the affirmative vote of stockholders holding 66 2/3% of the Fund's outstanding shares of common stock. A proposal to approve the Plan of Liquidation and Dissolution will be submitted to the Fund's stockholders at the Annual Meeting of Stockholders of the Fund, which will be held on June 4, 2012, at 4:00 P.M., New York time. The Fund's Board of Directors has fixed the close of business on March 19, 2012 as the record date for the determination of stockholders entitled to notice of and to vote at the meeting or any adjournments of the meeting. If the Fund's stockholders approve the Plan of Liquidation and Dissolution, the directors and officers of the Fund will begin the orderly liquidation of the Fund`s assets, determine and pay, or set aside in cash or cash equivalents, the amount of all known or reasonably ascertainable liabilities and obligations of the Fund, and make one or more liquidating distributions to the Fund`s stockholders. Such distributions will be paid in cash. If shareholders do not approve the Plan of Liquidation and Dissolution, the Fund will continue its operations, including pursuing its stated investment objective, and the Board may consider other available options. Full Article
The Thai Capital Fund, Inc. Announces Mid Year Distribution
The Thai Capital Fund, Inc. announced an ordinary income dividend of $0.09 per share, a net short term capital gain distribution of $1.88 per share and a net long term capital gain distribution of $0.73 per share. The dividend will be payable on June 23, 2011 to the shareholders of record at the close of business on June 13, 2011. The ex-dividend date will be June 9, 2011. Full Article
Earnings vs. 
Estimates
Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests.
NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.
