The Asia Tigers Fund, Inc. (NYSE:GRR) Files An 8-K Changes in Registrant’s Certifying Accountant

The Asia Tigers Fund, Inc. (NYSE:GRR) Files An 8-K Changes in Registrant’s Certifying Accountant
Item 4.01. Changes in Registrant’s Certifying Accountant.

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(a) Resignation of independent registered public accounting firm

On August8, 2017, PricewaterhouseCoopers LLP (“PwC”) resigned as the independent registered public accounting firm for The Asia Tigers Fund, Inc. (the “Fund”).

The reports of PwC on the Fund’s financial statements as of and for the two most recent fiscal years (ended October31, 2016 and October31, 2015) did not contain an adverse opinion or a disclaimer of opinion, and were not qualified or modified as to uncertainties, audit scope or accounting principles.

During the Fund’s two most recent fiscal years (ended October31, 2016 and October31, 2015) and the subsequent interim period through August8, 2017, there were no disagreements between the Fund and PwC on any matter of accounting principles or practices, financial statement disclosure or auditing scope or procedure, which disagreements, if not resolved to the satisfaction of PwC, would have caused it to make reference to the subject matter of the disagreements in its reports on the financial statements of the Fund for such years.

During the Fund’s two most recent fiscal years (ended October31, 2016 and October31, 2015) and the subsequent interim period through August8, 2017, there were no “reportable events” (as defined in Item304(a)(1)(v) of Regulation S-K under the Securities Exchange Act of 1934, as amended (the “Exchange Act”)).

The Fund has provided PwC with a copy of the foregoing disclosures and has requested that PwC furnish it with a letter addressed to the Securities and Exchange Commission stating whether it agrees with the statements made by the Fund set forth above. A copy of PwC’s letter dated August9, 2017 is filed as Exhibit 16.1 to this Form 8-K.

(b) Engagement of new independent registered public accounting firm

On August8, 2017, upon the recommendation of its Audit Committee, the Fund’s Board of Directors approved the engagement of KPMG LLP (“KPMG”) as the independent registered public accounting firm for the Fund for the fiscal year ending October31, 2017, effective August8, 2017. During the Fund’s two most recent fiscal years (ended October31, 2016 and October31, 2015) and the subsequent interim period through August8, 2017, neither the Fund, nor anyone on its behalf, consulted with KPMG, on behalf of the Fund, regarding the application of accounting principles to a specified transaction (either completed or proposed), the type of audit opinion that might be rendered on the Fund’s financial statements, or any matter that was either the subject of a “disagreement,” as defined in Item304(a)(1)(iv) of Regulation S-K under the Exchange Act and the instructions thereto, or a “reportable event,” as defined in Item304(a)(1)(v) of Regulation S-K under the Exchange Act.

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Item 4.01 Financial Statements and Exhibits.

Exhibit No.

Description

16.1 Letter dated August 9, 2017 from PricewaterhouseCoopers LLP to the Securities and Exchange Commission confirming the disclosures contained in Item 4.01 of this Current Report on Form 8-K.

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to the requirements of the Securities Exchange Act of 1934, as amended, the Fund has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date: August9, 2017 The Asia Tigers Fund, Inc.
/s/ Lucia Sitar
Name: Lucia Sitar
Title: Vice President

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ASIA TIGERS FUND INC Exhibit
EX-99.16(1) 2 d439323dex99161.htm LETTER DATED AUGUST 9,…
To view the full exhibit click here

About The Asia Tigers Fund, Inc. (NYSE:GRR)

The Asia Tigers Fund, Inc. (the Fund) is a diversified, closed-end management investment company. The Fund’s investment objective is long-term capital appreciation, which it seeks to achieve by investing primarily in equity securities of Asian companies. The Fund invests in various sectors, such as financials, information technology, industrials, telecommunication services, materials, consumer staples, consumer discretionary, energy, real estate management and development, automobiles, aerospace and defense, semiconductors and semiconductor equipment, food and staples retailing, textiles, apparel and luxury goods, and insurance. Aberdeen Asset Management Asia Limited (AAMAL) serves as the Fund’s investment manager with respect to all investments.

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