The team of professional liquidators have participated in (and acted as) voluntary liquidator for over 400 successful dissolutions of Cayman companies, Mutual Funds and Limited Partnerships.
It is important that during this process overheads are kept low, which is why Apex Cayman provides the most competitively priced voluntary liquidation service in the Cayman Islands.
(the “Fund”) today made a liquidating distribution pursuant to the plan of liquidation and dissolution approved by the Fund’s stockholders at the 2017 Annual Meeting of Stockholders (the “Liquidating Distribution”) in exchange for and redemption of all of the Fund’s issued and outstanding common stock.
The gross proceeds of the Liquidating Distribution is to be comprised of cash of .8840 per share of the Fund’s common stock plus equity interests in JPMorgan China Region Fund, Inc.
(NYSE: KEF) (the “Fund”) announced that it declared distributions to its shareholders in connection with the dissolution and liquidation of the Fund to comply with the diversification requirements of Subchapter M of the Internal Revenue Code.Wilmington Trust, National Association will serve as the liquidation trustee to the Liquidating Trust.Further details about the shareholders’ interest in the Liquidating Trust accompany the Liquidating Distribution.According to several sources we contacted overnight, the crackdown in debt vehicles and margin trading impacted commodity markets in Asia, and the residual effects sipped into the oil markets..action_button.action_button:active.action_button:hover.action_button:focus,.action_button:hover.action_button:focus .count,.action_button:hover .count.action_button:focus .count:before,.action_button:hover .count:before.u-margin-left--sm.u-flex.u-flex-auto.u-flex-none.bullet. The Distribution will not be subject to the Fund’s Dividend Reinvestment Plan and will be paid in cash.