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Voya Asia Pacific High Dividend Equity Income Fund T.IAE


Primary Symbol: IAE

Voya Asia Pacific High Dividend Equity Income Fund (the Fund) is a diversified, closed-end management investment company. The Fund’s investment objective is total return through a combination of current income, capital gains and capital appreciation. The Fund seeks to achieve its investment objective by investing primarily in a portfolio of dividend yielding equity securities of Asia Pacific companies. The Fund will seek to achieve its investment objective by investing at least 80% of its managed assets in dividend producing equity securities of, or derivatives having economic characteristics similar to the equity securities of Asia Pacific Companies that are listed and traded principally on Asia Pacific exchanges. The Fund will invest in approximately 60-120 equity securities and will select securities through a bottom-up process that is based upon quantitative screening and fundamental analysis. Voya Investments, LLC is an investment adviser of the Fund.


NYSE:IAE - Post by User

Comment by CapeBretonon Feb 26, 2013 9:01pm
164 Views
Post# 21046233

RE: RE: JEC

RE: RE: JEC

I am not sure if legally a pending/forced meeting can stop the company from proceeding with a signficant acquisition, but just that fact this is all out in the open can have 2 effects:  1) have potential acquisitions select other bids as they worry if Ithaca would be able to complete an acquisition given the potential conflict and 2) cause potential acquisitions to ask for a higher price seeing Ithaca as under pressure to get a deal done.....JEC has a script in mind and will proceed to each step, I agree the next step is waiting the three weeks then announcing a meeting date, Ithaca wants this process to be as slow as possible so watch for them to act only at the last minute.....has anyone contact JEC to inquire if they have spoken with potential bidders?  The end of their NRs list a name and number, anyone phone it yet to see if JEC will reveal their next move?

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