Printer Friendly

Jardine Fleming China Region Fund, Inc. Announces Preliminary Tender Offer Results.

WILMINGTON, Del., July 10 /PRNewswire/ --

Jardine Fleming China Region Fund, Inc. (NYSE: JFC) announces that the Fund's tender offer for 1,172,856 shares of its common stock, representing 20% of the Fund's issued and outstanding shares, expired as scheduled yesterday at 12:00 midnight New York time.

Based upon currently available information, approximately 2,693,747.89 shares were tendered, including shares tendered pursuant to notices of guaranteed delivery. Based on this preliminary information, the proration for each tendering shareholder is estimated to be 43.5399% of the shares properly tendered. The numbers in this announcement are subject to adjustment and should not be regarded as final. The actual number of shares properly tendered and the proration percentage will be announced at a later date. The purchase price of properly tendered shares is $8.2697, which represents 95% of the Fund's net asset value per share on July 9, 2001.

COPYRIGHT 2001 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Jul 10, 2001
Previous Article:Learn How Oracle's E-Business Suite Leverages the Latest in Oracle's Underlying Platform Technology in a Live Chat With Oracle's Cliff Godwin.
Next Article:Alamosa Extends Exchange Offer for Its 12 1/2% Senior Notes Due 2011.

Terms of use | Copyright © 2018 Farlex, Inc. | Feedback | For webmasters