Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Privacy Policy | Disclaimer

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Templeton Emerging Markets Income Fund T.TEI


Primary Symbol: TEI

Templeton Emerging Markets Income Fund (the Fund) is a closed-end management investment company. The Fund seeks high, current income, with a secondary goal of capital appreciation, by investing, under normal market conditions, at least 80% of its net assets in income-producing securities of sovereign or sovereign-related entities and private sector companies in emerging market countries. The Fund invests in bonds from emerging markets around the world to generate income for the Fund, seeking opportunities while monitoring changes in interest rates, currency exchange rates and credit risk. Its investment portfolio includes foreign government and agency securities, corporate bonds, convertible bonds, and short-term investments. Its markets are located in the Asia Pacific region, Eastern Europe, the Middle East, Central and South America and Africa. The Fund's investment manager is Franklin Advisers, Inc.


NYSE:TEI - Post by User

Templeton Emerging Markets Income Fund > A nightmare - voting results
<< Previous
 Bullboard Posts
Next >>
User Avatar Image
(13)
•••
Post by HRc60to65on Oct 17, 2020 11:17am
161 Views
Post# 31734206

A nightmare - voting results

A nightmare - voting resultsLast night, nightmare:

Only some shareholders holding 45 000 000  shares have voted on 145 128 518 shares

no one is voting YES to the I3e offer
45 000 000 are voting NO to the I3e offer

The TEI management has annonced the I3e offer is accepted by more than 66-2/3% of theTEI shareholders.

The shareholders who are owning 100 128 518 shares never vote on the I3e offer.  They are considered as voting YES. 

Then the total  YES votes is 100 128 518 shares or 68,99% of all outstanding TEI shares are voting YES to the I3e offer.
<< Previous
 Bullboard Posts
Next >>
Dealroom for high-potential pre-IPO opportunities