Re: Macquarie International Infrastructure Fund Limited ("MIIF") - Requisition for a Special General Meeting

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• Publié par: FTI-CONSULTING-HONG-KONG-PRN-ASIA
• Nombre de lectures: 5
• Langue: English

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Re: Macquarie International Infrastructure Fund Limited ("MIIF") - Requisition for a Special General Meeting

PR Newswire SINGAPORE, Nov. 14, 2012

SINGAPORE,Nov. 14, 2012/PRNewswire/ -- LIM Advisors Limited and Metage Capital Limited would like to confirm the following. On5 November, 2012, Raffles Nominees (Pte.) Limited lodged a valid requisition for a Special General Meeting of MIIF. This requisition was delivered on behalf of funds managed by LIM Advisors Lim ited and Metage Capital Limited.

The Requisition Notice included four resolutions.

Ordinary Resolution 1. Increase the maximum number of directors of the board of directors of MIIF to nine pursuant to Bye-law 56(a).

Ordinary Resolution 2. Elect Christopher Brader as a director of MIIF with effect from the date of the SGM.

Ordinary Resolution 3. Elect Nicholas Paris as a director of MIIF with effect from the date of the SGM.

Ordinary Resolution 4. Elect Miles Staude as a director of MIIF with effect from the date of the SGM.

The Requisition Notice included the following summary information on the proposed directors:

Christopher Brader, aged 62, is resident in Thailand and the British Virgin Islands. He is an Investment Consultant focusing on Asian markets and on Asian closed and open ended investment funds. In 2011, he founded his own investment consultancy and moved from London to Asia to advise several European based investors on their investments in Asia. Prior to that he spent 9 years inLondon as a Fund Manager at Advance Emerging Capital Ltd., aUS$850mEmerging and Frontier Market fund of fund investor. During that time they invested in the shares of MIIF. From 1993 to 2000, Christopher Brader ran the Emerging Market closed ends fund broking teams at SG Securities and ING Baring Securities. During the 21 years prior to that, he was an Asian and Japanese institutional sales head for Cazenove & Co, Hill Samuel and BZW S ecurities working in London, Hong Kong, Tokyo and New York. He was an independent non-executive director of Beta Vietnam Fund Limited from 2000 to 2002, which was a closed end fund invested in unquoted Vietnamese equities, and of the Romania Investment Fund Limited from 2001 toApril 2012, which was a closed end fund listed on the Cayman Islands Stock Exchange and invested in unquoted Romanian equities. He is a member of the Chartered Institute for Securities & Investment in the UK. He is an independent non-executive Director of the LIM Japan Fund Inc. which is advised by LIM Advisors Limited and he owns 720,000 shares in MIIF.

Nicholas Paris, aged 52, is resident in England and is based in London and he is an investment adviser specialising in Asian closed end funds. He founded Purbeck Advisers LLP in 2006 which is an FSA authorised investment firm focused on advising, analysing and distributing Asian investment funds. In his investment advisory role, he provides investment advice on Asian closed end funds (including MIIF) to LIM Advisors Limited, who are based in Hong Kong and who are the investment advisers to LIM Asia Multi-Strategy and LIM Asia Special. Prior to that he had worked for 5 years in the hedge fund marketing groups of American Express Asset Management and Coronation International and for a further 7 years as a closed end fund corporate finance adviser in the institutional stock broking teams of Credit Lyonnais Securities Asia, Peregrine Investments from Hong Kong and Baring Securities. He is an independent director of TAU Capital plc, a closed end fund listed on the AIM Stock Exchange in London, which invests in quoted and private equity investments in Central Asia, and betweenAugust 2006andMarch 2009he was an independent director of the India IT Fund Limited, a closed end fund listed on the Channel Islands Stock Exchange which invested in quoted Indian software companies. He is a Fellow of the Institute of Chartered Accountants in England & Wales, a Fellow of the Chartered Institute for Securities & Investment in the UK and a Member of the Chartered Alternative Investment Analysts Association.

Miles Staude, aged 35, is resident in England and is a London based investment manager at Metage Capital Limited, an investment firm specialising in closed-end funds who are the investment manager for Metage Funds Limited and GSS Offshore SPC. He has spent the last 6 years working at Metage managing many of the firm's Asian investments, including its substantial investment in MIIF. Prior to joining Metage he spent 5 years at the Royal Bank of Canada working within their global equities team, first in Sydney and later in London. Before that he spent 2 years at an Australian investment bank, Hartley Poynton. He has considerable investment and capital markets experience and is a CFA Charterholder.