N-PX 1 BRDA04_0000790500_2019.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM N-PX ANNUAL REPORT OF PROXY VOTING RECORD OF REGISTERED MANAGEMENT INVESTMENT COMPANY INVESTMENT COMPANY ACT FILE NUMBER: 811-04611 NAME OF REGISTRANT: Aberdeen Asia-Pacific Income Fund, Inc. ADDRESS OF PRINCIPAL EXECUTIVE OFFICES: 1735 Market Street 32nd Floor Philadelphia, PA 19103 NAME AND ADDRESS OF AGENT FOR SERVICE: Mr. Christian Pittard Aberdeen Standard Investments Inc. 1735 Market Street, 32nd Floor Philadelphia, PA 19103 REGISTRANT'S TELEPHONE NUMBER: 800-522-5465 DATE OF FISCAL YEAR END: 10/31 DATE OF REPORTING PERIOD: 07/01/2018 - 06/30/2019 Aberdeen Asia Pacific Income Fund -------------------------------------------------------------------------------------------------------------------------- CAGAMAS BERHAD Agenda Number: 709965492 -------------------------------------------------------------------------------------------------------------------------- Security: Y1052DXL8 Meeting Type: EGM Meeting Date: 18-Oct-2018 Ticker: ISIN: MYBVI1502712 -------------------------------------------------------------------------------------------------------------------------- Prop.# Proposal Proposal Proposal Vote For/Against Type Management 1 PROPOSED INCREASE IN THE SIZE OF THE MTN Mgmt For For PROGRAMME 2 PROPOSED EXTENSION OF THE TENURE OF THE MTN Mgmt For For PROGRAMME 3 PROPOSED ISSUANCE OF SUSTAINABILITY Mgmt For For BONDS/SUKUK UNDER THE MTN PROGRAMME 4 PROPOSED AMENDMENTS TO THE FACILITY Mgmt For For DESCRIPTIONS OF SHARIAH STRUCTURES UNDER THE MTN PROGRAMME 5 PROPOSED AUTHORISATION OF THE TRUSTEE Mgmt For For -------------------------------------------------------------------------------------------------------------------------- INDUSTRIAL AND COMMERCIAL BANK OF CHINA LTD Agenda Number: 710054711 -------------------------------------------------------------------------------------------------------------------------- Security: Y39656AA4 Meeting Type: EGM Meeting Date: 21-Nov-2018 Ticker: ISIN: USY39656AA40 -------------------------------------------------------------------------------------------------------------------------- Prop.# Proposal Proposal Proposal Vote For/Against Type Management 1 TO CONSIDER AND APPROVE THE PROPOSAL ON THE Non-Voting ELECTION OF MR. ZHENG FUQING AS NON-EXECUTIVE DIRECTOR OF INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITED 2 TO CONSIDER AND APPROVE THE PROPOSAL ON THE Non-Voting ELECTION OF MR. FEI ZHOULIN AS NON-EXECUTIVE DIRECTOR OF INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITED 3 TO CONSIDER AND APPROVE THE PROPOSAL ON THE Non-Voting ELECTION OF MR. NOUT WELLINK AS INDEPENDENT DIRECTOR OF INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITED 4 TO CONSIDER AND APPROVE THE PROPOSAL ON THE Non-Voting ELECTION OF MR. FRED ZULIU HU AS INDEPENDENT DIRECTOR OF INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITED 5 TO CONSIDER AND APPROVE THE PROPOSAL ON THE Non-Voting ELECTION OF MR. QU QIANG AS EXTERNAL SUPERVISOR OF INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITED 6 TO CONSIDER AND APPROVE THE PROPOSAL ON THE Non-Voting PAYMENT PLAN OF REMUNERATION TO DIRECTORS FOR 2017 7 TO CONSIDER AND APPROVE THE PROPOSAL ON THE Non-Voting PAYMENT PLAN OF REMUNERATION TO SUPERVISORS FOR 2017 8 TO CONSIDER AND APPROVE THE PROPOSAL TO Non-Voting ISSUE ELIGIBLE TIER 2 CAPITAL INSTRUMENTS 9 TO CONSIDER AND APPROVE THE PROPOSAL ON THE Mgmt For For GENERAL MANDATE TO ISSUE SHARES BY INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITED, DETAILS OF WHICH ARE AS FOLLOWS: (1) SUBJECT TO PARAGRAPH (3) OF THIS PROPOSAL BELOW, THE BOARD OF DIRECTORS OF THE BANK BE AND IS HEREBY UNCONDITIONALLY GIVEN APPROVAL TO EXERCISE, DURING THE RELEVANT PERIOD (AS DEFINED BELOW), ALL POWERS OF THE BANK TO SEPARATELY OR CONCURRENTLY AUTHORISE, ISSUE AND DEAL WITH THE NEWLY ISSUED A SHARES, H SHARES AND PREFERENCE SHARES OF THE BANK (COLLECTIVELY, THE "SHARES"); (2) SUBJECT TO THE APPROVAL UNDER PARAGRAPH (1) ABOVE AND SUBJECT TO PARAGRAPH (3) BELOW, THE BOARD OF DIRECTORS BE AND IS HEREBY AUTHORISED TO ENTER INTO OR GRANT, DURING THE RELEVANT PERIOD (AS DEFINED BELOW), OFFERS, AGREEMENTS AND/OR OPTIONS (INCLUDING WARRANTS, CONVERTIBLE BONDS, PREFERENCE SHARES THAT CAN BE CONVERTIBLE INTO A SHARES AND/OR H SHARES AND ANY OTHER SECURITIES CARRYING RIGHTS OF SUBSCRIPTION FOR OR CONVERSION INTO SHARES) WHICH REQUIRE OR MAY REQUIRE SHARES TO BE ALLOTTED AND ISSUED DURING OR AFTER THE EXPIRY OF THE RELEVANT PERIOD, AND TO AUTHORISE, ISSUE AND DEAL WITH THE SHARES THAT ARE REQUIRED OR MAY BE REQUIRED TO BE ALLOTTED AND ISSUED UNDER SUCH OFFERS, AGREEMENTS AND OPTIONS; (3) THE RESPECTIVE AGGREGATE AMOUNTS OF A SHARES, H SHARES AND/OR PREFERENCE SHARES (CALCULATED BASED ON THE NUMBER OF A SHARES AND/OR H SHARES TO BE FULLY CONVERTED FROM PREFERENCE SHARES AT THE MANDATORY CONVERSION PRICE) AUTHORISED, ISSUED AND DEALT WITH BY THE BOARD OF DIRECTORS, AND OFFERS, AGREEMENTS AND/OR OPTIONS (INCLUDING WARRANTS, CONVERTIBLE BONDS THAT CAN BE CONVERTIBLE INTO A SHARES AND/OR H SHARES AND ANY OTHER SECURITIES CARRYING RIGHTS OF SUBSCRIPTION FOR OR CONVERSION INTO SHARES), IN EACH CASE, CALCULATED BASED ON THE NUMBER OF A SHARES AND/OR H SHARES TO BE ISSUED OR FULLY CONVERTED FROM SUCH SECURITIES, ENTERED INTO OR GRANTED BY THE BOARD OF DIRECTORS, IN ACCORDANCE WITH THE APPROVALS GRANTED UNDER PARAGRAPHS (1) AND (2) ABOVE SHALL NOT EXCEED 20% OF THE RESPECTIVE AMOUNTS OF EXISTING A SHARES AND/OR H SHARES AS AT THE DATE OF THE PASSING OF THIS SPECIAL RESOLUTION; (4) FOR THE PURPOSE OF THIS SPECIAL RESOLUTION, "RELEVANT PERIOD" MEANS THE PERIOD FROM THE DATE OF PASSING THIS SPECIAL RESOLUTION UNTIL THE EARLIEST OF: (I) THE CONCLUSION OF THE NEXT ANNUAL GENERAL MEETING OF THE BANK; (II) THE EXPIRATION OF THE 12-MONTH PERIOD FROM THE DATE OF PASSING OF THIS SPECIAL RESOLUTION; AND (III) THE DATE ON WHICH THE AUTHORITY GRANTED TO THE BOARD OF DIRECTORS SET OUT IN THIS SPECIAL RESOLUTION IS REVOKED OR VARIED BY A SPECIAL RESOLUTION OF THE SHAREHOLDERS AT A SHAREHOLDERS' GENERAL MEETING; (5) THE BOARD OF DIRECTORS BE AND IS HEREBY AUTHORISED TO DEAL WITH MATTERS RELATING TO THE CHANGE IN THE REGISTERED CAPITAL OF THE BANK TO REFLECT THE NUMBER OF SHARES TO BE ISSUED BY THE BANK PURSUANT TO THIS SPECIAL RESOLUTION, TO MAKE SUCH APPROPRIATE AND NECESSARY AMENDMENTS TO THE PROVISIONS OF THE ARTICLES OF ASSOCIATION OF THE BANK RELATING TO THE SHAREHOLDING STRUCTURE AFTER THE ISSUANCE OF SHARES AND THE REGISTERED CAPITAL (IF APPLICABLE) AS THEY THINK FIT AND NECESSARY AND TO TAKE ANY OTHER ACTION AND COMPLETE ANY FORMALITY REQUIRED TO EFFECT THE ISSUANCE OF SHARES PURSUANT TO THIS PROPOSAL. TO ENHANCE DECISION MAKING EFFICIENCY AND ENSURE SUCCESSFUL ISSUANCE, THE BOARD OF DIRECTORS MAY DELEGATE TO THE CHAIRMAN, VICE CHAIRMAN, PRESIDENT AND ANY PERSON AUTHORISED BY THE CHAIRMAN, THE FULL POWER TO, JOINTLY OR INDIVIDUALLY, DEAL WITH ALL MATTERS RELATING TO THE ISSUANCE OF SHARES 10 TO CONSIDER AND INDIVIDUALLY APPROVE EACH Mgmt For For OF THE FOLLOWING ITEMS OF THE PROPOSAL ON THE DOMESTIC PREFERENCE SHARE ISSUANCE PLAN OF INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITED: (1) TYPE OF PREFERENCE SHARES TO BE ISSUED (2) NUMBER OF PREFERENCE SHARES TO BE ISSUED AND ISSUE SIZE (3) METHOD OF ISSUANCE (4) PAR VALUE AND ISSUE PRICE (5) MATURITY (6) TARGET INVESTORS (7) LOCK-UP PERIOD (8) TERMS OF DISTRIBUTION OF DIVIDENDS (9) TERMS OF MANDATORY CONVERSION (10) TERMS OF CONDITIONAL REDEMPTION (11) RESTRICTIONS ON VOTING RIGHTS (12) RESTORATION OF VOTING RIGHTS (13) ORDER OF DISTRIBUTION OF RESIDUAL ASSETS AND BASIS FOR LIQUIDATION (14) RATING (15) SECURITY (16) USE OF PROCEEDS FROM THE ISSUANCE OF THE DOMESTIC PREFERENCE SHARES (17) TRANSFER (18) RELATIONSHIP BETWEEN DOMESTIC AND OFFSHORE ISSUANCE (19) THE VALIDITY PERIOD OF THE RESOLUTION IN RESPECT OF THE ISSUANCE OF THE DOMESTIC PREFERENCE SHARES (20) THE APPLICATION AND APPROVAL PROCEDURES TO BE COMPLETED FOR THE ISSUANCE (21) MATTERS RELATING TO AUTHORISATION 11 TO CONSIDER AND INDIVIDUALLY APPROVE EACH Mgmt For For OF THE FOLLOWING ITEMS OF THE PROPOSAL ON THE OFFSHORE PREFERENCE SHARE ISSUANCE PLAN OF INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITED: (1) TYPE OF PREFERENCE SHARES TO BE ISSUED (2) NUMBER OF PREFERENCE SHARES TO BE ISSUED AND ISSUE SIZE (3) METHOD OF ISSUANCE (4) PAR VALUE AND ISSUE PRICE (5) MATURITY (6) TARGET INVESTORS (7) LOCK-UP PERIOD (8) TERMS OF DISTRIBUTION OF DIVIDENDS (9) TERMS OF MANDATORY CONVERSION (10) TERMS OF CONDITIONAL REDEMPTION (11) RESTRICTIONS ON VOTING RIGHTS (12) RESTORATION OF VOTING RIGHTS (13) ORDER OF DISTRIBUTION OF RESIDUAL ASSETS AND BASIS FOR LIQUIDATION (14) RATING (15) SECURITY (16) USE OF PROCEEDS FROM THE ISSUANCE OF THE OFFSHORE PREFERENCE SHARES (17) TRANSFER (18) RELATIONSHIP BETWEEN OFFSHORE AND DOMESTIC ISSUANCE (19) THE VALIDITY PERIOD OF THE RESOLUTION IN RESPECT OF THE ISSUANCE OF THE OFFSHORE PREFERENCE SHARES (20) THE APPLICATION AND APPROVAL PROCEDURES TO BE COMPLETED FOR THE ISSUANCE (21) MATTERS RELATING TO AUTHORISATION 12 TO CONSIDER AND APPROVE THE PROPOSAL ON THE Non-Voting IMPACT ON DILUTION OF IMMEDIATE RETURNS OF THE ISSUANCE OF PREFERENCE SHARES AND THE REMEDIAL MEASURES OF INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITED 13 TO CONSIDER AND APPROVE THE PROPOSAL ON Non-Voting FORMULATING THE SHAREHOLDER RETURN PLAN FOR 2018 TO 2020 OF INDUSTRIAL AND COMMERCIAL BANK OF CHINA CMMT 31 OCT 2018: PLEASE NOTE THAT THERE IS A Non-Voting MINIMUM TO VOTE: 200000 AND MULTIPLE: 1000 CMMT 31 OCT 2018: PLEASE NOTE THAT THIS IS A Non-Voting REVISION DUE TO ADDITION OF COMMENT AND FURTHER MODIFICATION OF THE TEXT IN COMMENT. IF YOU HAVE ALREADY SENT IN YOUR VOTES, PLEASE DO NOT VOTE AGAIN UNLESS YOU DECIDE TO AMEND YOUR ORIGINAL INSTRUCTIONS. THANK YOU. * Management position unknown SIGNATURES Pursuant to the requirements of the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. (Registrant) Aberdeen Asia-Pacific Income Fund, Inc. By (Signature) /s/ Christian Pittard Name Christian Pittard Title President Date 07/23/2019