Aberdeen Japan Equity Fund,Inc. (NYSE:JEQ) Files An 8-K Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year
Item 5.03 Amendments to Articles of Incorporation or Bylaws
The Board of Directors of Aberdeen Japan Equity Fund,Inc. (the
Fund) has voted to amend Article1 Section6 of the Funds Amended
and Restated By-laws (the By-laws) effective March31, 2017.
Article1 Section6, as amended, provides the chairman of a meeting
of stockholders the authority to adjourn a meeting for which
there is not a quorum, which is an authority previously held only
by the stockholders entitled to vote at the meeting who are
present in person or represented by proxy.
As revised Section6. Quorum, Adjournment of Meetings. The
presence in person or by proxy of the holders of record of a
majority of the shares of the common stock of the Corporation
issued and outstanding and entitled to vote thereat shall
constitute a quorum at all meetings of the stockholders except as
otherwise provided in the Articles of Incorporation. If, however,
such quorum shall not be present or represented at any meeting of
the stockholders, (a)the chairman of the meeting
or (b)the holders of a majority of the stock present
in person or by proxy shall have power to adjourn the meeting
from time to time, without notice other than announcement at the
meeting until the requisite amount of stock entitled to vote at
such meeting shall be present. At such adjourned meeting at which
the requisite amount of stock entitled to vote thereat shall be
represented any business may be transacted which might have been
transacted at the meeting as originally notified.
Item 9.01. Financial Statements and
Amendment to the Amended and Restated By-laws of Aberdeen
About Aberdeen Japan Equity Fund, Inc. (NYSE:JEQ)
Aberdeen Japan Equity Fund, Inc. is a diversified, closed-end management investment company. The Fund’s investment objective is to outperform over the long term, on a total return basis (including appreciation and dividends), the Tokyo Stock Price Index (TOPIX). The Fund seeks to achieve its investment objective by investing substantially all of its assets, but under normal circumstances approximately 80% of its assets, in equity securities of companies listed on the Tokyo Stock Exchange or listed on the over-the-counter market in Japan or listed on other stock exchanges in Japan. The Fund invests in various sectors, such as industrials, consumer staples, consumer discretionary, information technology, materials, healthcare, financials, real estate, telecommunication services and short-term investments. Aberdeen Asset Management Asia Limited is the investment manager of the Fund. Aberdeen Japan Equity Fund, Inc. (NYSE:JEQ) Recent Trading Information
Aberdeen Japan Equity Fund, Inc. (NYSE:JEQ) closed its last trading session down -0.08 at 7.95 with 33,552 shares trading hands.