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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

Post by GolongGekkoon Feb 27, 2015 1:58pm
104 Views
Post# 23473011

Appears others have had DELAY problems - FYI

Appears others have had DELAY problems - FYISabah Shell Petroleum Company will be operator of the development, which will employ the region’s first deepwater Floating Production System (FPS), with a processing capacity of 150,000 barrels of oil per day. The field, which is in waters up to 1,200 metres deep in blocks J and K, will be developed using 19 subsea wells with oil exported via a pipeline to a new oil and gas terminal, which will be built in Kimanis, Sabah.

The Gumusut field was discovered by the Gumusut-1B well, drilled in 2003 in Block J. The well was drilled by a semisubmersible rig, Atwood Falcon. The Kakap field was discovered by Murphy Oil in 2004 in Block K.
The fields were appraised by four wells - Gumusut-2, Gumusut-3, Kakap-1 and Kakap-2. The wells were drilled between 2003 and 2004.
The recoverable reserves of Gumusut-Kakap project are estimated at 300 to 500 million barrels of oil equivalent.

Development drilling for the project commenced in January 2008. The project was originally scheduled to come on-stream in 2010 but was delayed due to design issues with the Gumusut-Kakap production facility and laying the new subsea export pipeline.
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