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KIRKLAND, Wash., Dec. 13, 2024 (GLOBE NEWSWIRE) -- Monolithic Power Systems, Inc. (Nasdaq: MPWR), a global company that provides high-performance, semiconductor-based power electronics solutions, announced today its fourth quarter dividend of $1.25 per common share to all stockholders of record as of the close of business on December 31, 2024. The dividend will be paid on January 15, 2025. Safe Harbor Statement This news release includes "forward-looking statements” intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on our current expectations, estimates and projections about our business and industry, management's beliefs, and certain assumptions made by us, all of which are subject to change. Forward-looking statements can often be identified by words such as "anticipates,” "expects,” "forecasts,” "intends,” "believes,” "plans,” "may,” "will,” or "continue,” and similar expressions and variations or negatives of these words. All such statements are subject to certain risks, assumptions and uncertainties, including those described in our most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Qs, and in other documents that we file or furnish with the Securities and Exchange Commission. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially and adversely from those projected, and may affect our future operating results, financial position and cash flows. Accordingly, you are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date they are made. Except to the extent required by law, MPS does not undertake, and expressly disclaims, any duty or obligation to update publicly any forward-looking statement after the initial distribution of this release, whether as a result of new information, future events, changes in assumptions or otherwise. About Monolithic Power Systems Monolithic Power Systems, Inc. ("MPS”) is a fabless global company that provides high-performance, semiconductor-based power electronics solutions. MPS's mission is to reduce energy and material consumption to improve all aspects of quality of life and create a sustainable future. Founded in 1997 by our CEO Michael Hsing, MPS has three core strengths: deep system-level knowledge, strong semiconductor design expertise, and innovative proprietary technologies in the areas of semiconductor processes, system integration, and packaging. These combined advantages enable MPS to deliver reliable, compact, and monolithic solutions that are highly energy-efficient, cost-effective, and environmentally responsible while providing a consistent return on investment to our stockholders. MPS can be contacted through its website at www.monolithicpower.com or its support offices around the world. ### Monolithic Power Systems, MPS, and the MPS logo are registered trademarks of Monolithic Power Systems, Inc. in the U.S. and trademarked in certain other countries. CONTACT: Contact: Bernie Blegen Executive Vice President and Chief Financial Officer Monolithic Power Systems, Inc. 408-826-0777 [email protected]COLUMBUS, Ohio (AP) — The Ohio Supreme Court ruled Tuesday that the state's product liability law prohibits counties from bringing public nuisance claims against national pharmaceutical chains as they did as part of national opioid litigation, a decision that could overturn a $650 million judgment against the pharmacies. An attorney for the counties called the decision “devastating.” Justices were largely unanimous in their interpretation of an arcane disagreement over the state law, which had emerged in a lawsuit brought by Lake and Trumbull counties outside Cleveland against CVS, Walgreens and Walmart. The counties won their initial lawsuit — and were awarded $650 million in damages by a federal judge in 2022 — but the pharmacies had disputed the court's reading of the Ohio Product Liability Act, which they said protected them from such sanctions. In an opinion written by Justice Joseph Deters, the court found that Ohio state lawmakers intended the law to prevent “all common law product liability causes of action" — even if they don't seek compensatory damages but merely “equitable relief” for the communities. “The plain language of the OPLA abrogates product-liability claims, including product-related public-nuisance claims seeking equitable relief,” he wrote. “We are constrained to interpret the statute as written, not according to our own personal policy preferences.” Two of the Republican-dominated court's Democratic justices disagreed on that one point, while concurring on the rest of the judgment. “Any award to abate a public nuisance like the opioid epidemic would certainly be substantial in size and scope, given that the claimed nuisance is both long-lasting and widespread,” Justice Melody Stewart wrote in an opinion joined by Justice Michael Donnelly. “But just because an abatement award is of substantial size and scope does not mean it transforms it into a compensatory-damages award.” In a statement, the plaintiffs' co-liaison counsel in the national opioid litigation, Peter Weinberger, of the Cleveland-based law firm Spangenberg Shibley & Liber, lamented the decision. “This ruling will have a devastating impact on communities and their ability to police corporate misconduct," he said. “We have used public nuisance claims across the country to obtain nearly $60 billion in opioid settlements, including nearly $1 billion in Ohio alone, and the Ohio Supreme Court’s ruling undermines the very legal basis that drove this result.” But Weinberger said Tuesday's ruling would not be the end, and that communities would continue to fight “through other legal avenues.” "We remain steadfast in our commitment to holding all responsible parties to account as this litigation continues nationwide,” he said. In his 2022 ruling, U.S. District Judge Dan Polster said that the money awarded to Lake and Trump counties would be used to the fight the opioid crisis. Attorneys at the time put the total price tag at $3.3 billion for the damage done. Lake County was to receive $306 million over 15 years. Trumbull County was to receive $344 million over the same period. Nearly $87 million was to be paid immediately to cover the first two years of payments. A jury returned a verdict in favor of the counties in November 2021, after a six-week trial. It was then left to the judge to decide how much the counties should receive. He heard testimony the next May to determine damages. The counties convinced the jury that the pharmacies played an outsized role in creating a public nuisance in the way they dispensed pain medication. It was the first time pharmacy companies completed a trial to defend themselves in a drug crisis that has killed a half-million Americans since 1999. Julie Carr Smyth, The Associated Press
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MIAMI — Two wealthy Miami Beach brothers accused of raping a woman while she was pinned down in a high-rise condo were granted bail by a Miami-Dade circuit judge on Friday — but they’re not going to be released because they face separate federal sex-trafficking charges along with a third brother, who is already in U.S. custody. Twin brothers Oren and Alon Alexander, 37, obtained a $3 million bond and a $2 million bond, respectively, that are secured by their father’s home in Bal Harbour — bail packages that were approved by Miami-Dade Circuit Judge Lody Jean on Friday. The twin brothers, who were in court Friday morning, entered not guilty pleas through their attorney. Oren was wearing a red jail jumpsuit, designated for high-profile inmates, and Alon was in a suicide-prevention vest. Both Oren and Alon Alexander will now be transferred to federal custody to face a separate sex-trafficking conspiracy case. The twins, along with their older brother, Tal Alexander — who have made fortunes as real estate brokers in Miami Beach and New York City — were arrested Wednesday in their Miami Beach homes by local police and FBI agents. The arrests are connected to the state attorney’s sexual battery cases in Miami and the federal sex-trafficking case in Manhattan. The arrests culminated parallel criminal investigations into allegations of rape and sex-trafficking against the once-superstar luxury real estate brokers and their older brother, Tal, 38, who is in federal custody in Miami awaiting a detention hearing on Friday afternoon. Federal prosecutors plan to ask a Miami magistrate judge to detain Tal, who is only charged in the FBI-led sex-trafficking investigation. On Thursday, Miami-Dade Circuit Judge Mindy Glazer called the twin brothers’ alleged rape of a woman identified as “M.W.” at a Collins Avenue condo on New Year’s Eve in 2016 a “dangerous crime” that required her to hold them until their detention hearing on Friday. She also issued stay-away orders, ordering them to make no contact with M.W. The brothers’ Miami defense attorney, Joel Denaro, put together the bond package. Additionally, Glazer granted Oren Alexander two $25,000 bonds with house arrest on two other sexual battery charges while also issuing stay-away orders regarding two other alleged rape victims identified as “M.G.” and “S.M.” During the morning hearing on Thursday, Oren blurted out that his wife is nine months pregnant and that he wants to be with her when she delivers their baby, saying “I would like to be able go to the hospital if my wife’s in labor.” Whether he’s granted that opportunity will depend on Friday’s detention hearing. Oren’s arraignment on the three sexual battery charges is scheduled for Monday. Three alleged rapes in Miami Beach Locally, Oren Alexander has been charged with rape in three separate incidents. The first alleged incident was during a 2016 New Year’s Eve gathering at a Collins Avenue condo in Miami Beach. The victim said, according to the arrest report, Alon Alexander invited her to the condo saying they were having a party. The two knew each other from New York City. When she arrived, Alon introduced her to Oren and Ohad Fisherman, their friend. (The State Attorney’s Office had erroneously identified Fisherman as their cousin.) Alon led her into a bedroom and Oren and Fisherman followed. There, the arrest report says, she was pinned by Fisherman while the Alexander twins argued over who would assault her first. She claims she was raped by Oren, before Alon raped her as his brother watched. On Friday, Fisherman’s defense lawyer, Jeffrey Sloman, and Miami-Dade prosecutor Natalie Snyder reached an agreement to quash his arrest warrant so he can surrender to state authorities on Wednesday . Sloman told Judge Jean that Fisherman is returning on Tuesday to Miami from Japan, where he and his wife have been on their honeymoon. Lody approved the arrangement and scheduled Fisherman’s arraignment for Wednesday. In the state case, Oren Alexander is also accused of rape on Oct. 20, 2017. The victim said she met Oren and a friend for dinner, followed by an evening at a real-estate event in Hallandale Beach and later drinks at a bar. She had one drink before leaving with Oren and agreeing to go to the Collins Avenue condo for a drink. At the condo, the woman drank a glass of wine and put on a pair of virtual reality goggles. She alleges Oren undressed her without consent, moved her to his bedroom and sexually assaulted her while she had the glasses on. A few weeks later, the woman met with Oren to discuss her concerns, according to the report. When she wouldn’t allow him to kiss her, the woman he began to masturbate and ejaculated on her stomach. She said Oren texted her later with a threat to “ruin” her if she mentioned anything about the incident. Another woman claimed Oren raped her in 2021. The arrest form says the two met for dinner and then took a boat to his Miami Beach home. He then took her phone, saying no pictures permitted. Then, she said, a tour of his home led her to a sitting area near the bedroom. He got aggressive. As she tried to get away, the woman said Oren ripped her dress. When the woman realized the doors were locked remotely, she said Oren Alexander mounted and assaulted her, before ejaculating on her stomach. The friend of the Alexander brothers, Fisherman, is also facing a sexual battery charge accusing him of pinning down the first victim, M.W., while Alon and Oren Alexander allegedly raped her. Drugged, raped ‘dozens of victims,’ feds say Ultimately, the three Alexander brothers are expected to be transferred to Manhattan, where a three-count sex-trafficking indictment was filed in federal court for the Southern District of New York, the same court where rap mogul Diddy was recently indicted in a similar case. Federally, Oren, Alon and Tal Alexander have been charged with conspiracy to commit sex trafficking between 2010 and 2021 in Manhattan, Miami and elsewhere. Tal is also charged with sex trafficking two victims by force, fraud or coercion in July 2011 and September 2016 in Manhattan and elsewhere. Tal’s two brothers are charged along with him regarding the 2016 allegation. If convicted, the brothers face up to life in prison. The federal indictment unsealed in Manhattan Wednesday morning tells a story of serial sexual predators. The Alexander brothers “worked together and with others ... to repeatedly and violently drug, sexually assault, and rape dozens of victims,” reads the indictment. “At times, the Alexander brothers arranged for these sexual assaults well in advance, using the promise of luxury, experiences, travel and accommodations to lure and entice women to locations where they were then forcibly raped or sexually assaulted, sometimes by multiple men, including one or more of the Alexander brothers.” Since the early summer filing of the civil suits, an attorney representing two of the women told the Miami Herald an additional 40 women — including a dozen from the Miami area — have come forward with allegations against one or more of the brothers. Some of the alleged incidents happened decades ago, when the brothers attended Dr. Michael M. Krop Senior High School near Aventura. A woman spoke to the Herald earlier this year and recounted how she was about 15 and a student at Miami Country Day School when she managed to escape as the brothers were pinning her down with her arms and legs apart. The New York attorney representing some of the women told the Miami Herald in September that more lawsuits should be expected. Precipitous fall for real estate superstars Even before Wednesday’s arrests, the lawsuits and national media scrutiny had been costly for Oren and Tal Alexander, who stepped away from Official, the boutique New York City-based real estate firm they founded about three years ago. Alon continued to work for Kent Security, a private security firm built by his father Shlomi Alexander, which offers crisis management, guards and video technology. It’s been a precipitous fall for the trio. Tal and Oren’s high-end real estate deals in Miami, Aspen and Manhattan are legendary. They got a jump-start in the business from their father, who also dabbled in the sale of high-end luxury properties. ©2024 Miami Herald. Visit at miamiherald.com . Distributed by Tribune Content Agency, LLC.
ST. THOMAS – McNeese State advanced to the semifinals of the Paradise Jam tournament in its first appearance after pulling away from Illinois State for a 76-68 victory Friday in the second opening-round game. The Cowboys (3-2) will next face undefeated Longwood (6-0) in Sunday’s first semifinal at the University of the Virgin Islands’ Elridge Blake Sports and Fitness Center. Meanwhile, the Redbirds (3-2) will take on Alabama-Birmingham (3-3) in a consolation round game Saturday. McNeese State and Illinois State, which finished second in the 2014 Paradise Jam, battled for the lead through the opening 10 minutes of the first half, with 10 lead changes and three ties. The Redbirds last led at 18-15 on a Chase Walker free throw with 10 minutes, 9 seconds remaining. But D.J. Richards hit a pair of free throws 16 seconds later to pull the Cowboys within a point. He then nailed a 3-pointer with 8:53 left to put McNeese ahead to stay. Javohn Garcia scored a game-high 16 points for the Cowboys. Sincere Parker and Brandon Murray added 13 points each, and Richards finished with 10 points. Ty Pence led Illinois State with 14 points. Landon Wolf added 11 points, and three others – Walker, Dalton Banks and Johnny Kinziger – had 10 points each.Congress faces government funding deadline after Thanksgiving
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BOSTON , Dec. 13, 2024 /PRNewswire/ -- Below is the November 2024 Monthly Update for the Liberty All-Star Equity Fund USA . Liberty All-Star Equity Fund Ticker: USA Monthly Update, November 2024 Investment Approach: Fund Style: Large-Cap Core Fund Strategy: Combines three value-style and two growth-style investment managers. Those selected demonstrate a consistent investment philosophy, decision making process, continuity of key people and above-average long-term results compared to managers with similar styles. Investment Managers: Value Managers: Aristotle Capital Management, LLC Fiduciary Management, Inc. Pzena Investment Management, LLC Growth Managers: Sustainable Growth Advisers, LP TCW Investment Management Company Top 20 Holdings at Month-End: (34.5% of equity portfolio) 1 Microsoft Corp. 4.0 % 2 NVIDIA Corp. 3.7 % 3 Amazon.com, Inc. 2.7 % 4 Alphabet, Inc. 2.6 % 5 UnitedHealth Group, Inc. 2.3 % 6 Visa, Inc. 1.9 % 7 ServiceNow, Inc. 1.9 % 8 Meta Platforms, Inc. 1.7 % 9 Capital One Financial Corp. 1.5 % 10 S&P Global, Inc. 1.4 % 11 Charles Schwab Corp. 1.3 % 12 Fresenius Medical Care AG 1.2 % 13 Booking Holdings, Inc. 1.1 % 14 Sony Group Corp. 1.1 % 15 Ecolab, Inc. 1.1 % 16 Berkshire Hathaway, Inc. 1.0 % 17 Ferguson Enterprises, Inc. 1.0 % 18 Danaher Corp. 1.0 % 19 O'Reilly Automotive, Inc. 1.0 % 20 Wells Fargo & Co. 1.0 % Holdings are subject to change. Monthly Performance: Performance NAV Market Price Discount Beginning of month value $7.07 $7.03 -0.6 % Distributions (Ex-Date November 15 th ) $0.18 $0.18 End of month value $7.34 $7.30 -0.5 % Performance for month 6.38 % 6.40 % Performance year-to-date 20.39 % 26.68 % Net Assets at Month-End ($millions): Total $2,096.4 Equities $2,088.6 Percent Invested 99.6 % Sector Breakdown* (% of equity portfolio): Information Technology 22.5 % Financials 21.3 % Health Care 14.5 % Consumer Discretionary 12.5 % Industrials 9.2 % Communication Services 7.1 % Consumer Staples 4.6 % Materials 4.4 % Energy 1.8 % Utilities 1.5 % Real Estate 0.6 % Total Market Value 100.0 % *Based on Standard & Poor's and MSCI Global Industry Classification Standard (GICS). New Holdings None Holdings Liquidated: Arch Capital Group, Ltd. The net asset value (NAV) of a closed-end fund is the market value of the underlying investments (i.e., stocks and bonds) in the Fund's portfolio, minus liabilities, divided by the total number of Fund shares outstanding. However, the Fund also has a market price; the value at which it trades on an exchange. If the market price is above the NAV the Fund is trading at a premium. If the market price is below the NAV the Fund is trading at a discount. Performance returns for the Fund are total returns, which includes dividends, and are net of management fees and other Fund expenses. Returns are calculated assuming that a shareholder reinvested all distributions. Past performance cannot predict future investment results. Performance will fluctuate with changes in market conditions. Current performance may be lower or higher than the performance data shown. Performance information shown does not reflect the deduction of taxes that shareholders would pay on Fund distributions or the sale of Fund shares. Shareholders must be willing to tolerate significant fluctuations in the value of their investment. An investment in the Fund involves risk, including loss of principal. Sources of distributions to shareholders may include ordinary dividends, long-term capital gains and return of capital. The final determination of the source of all distributions in 2024 for tax reporting purposes will be made after year end. The actual amounts and sources of the amounts for tax reporting purposes will depend upon the Fund's investment experience during its fiscal year and may be subject to changes based on tax regulations. Based on current estimates a portion of the distributions consist of a return of capital. These estimates may not match the final tax characterization (for the full year's distributions) contained in shareholder 1099-DIV forms after the end of the year. All data is as of November 30, 2024 unless otherwise noted. Liberty All-Star® Equity Fund 1-800-241-1850 www.all-starfunds.com libinfo@alpsinc.com View original content to download multimedia: https://www.prnewswire.com/news-releases/liberty-all-star-equity-fund-november-2024-monthly-update-302331691.html SOURCE Liberty All-Star Equity Fund © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.HOUSTON (AP) — An elaborate parody appears to be behind an effort to resurrect Enron, the Houston-based energy company that exemplified the worst in American corporate fraud and greed after it went bankrupt in 2001. If its return is comedic, some former employees who lost everything in Enron’s collapse aren’t laughing. “It’s a pretty sick joke and it disparages the people that did work there. And why would you want to even bring it back up again?” said former Enron employee Diana Peters, who represented workers in the company’s bankruptcy proceedings. Here’s what to know about the history of Enron and the purported effort to bring it back. Once the nation’s seventh-largest company, Enron filed for bankruptcy protection on Dec. 2, 2001, after years of accounting tricks could no longer hide billions of dollars in debt or make failing ventures appear profitable. The energy company's collapse put more than 5,000 people out of work and wiped out more than $2 billion in employee pensions. Its aftershocks were felt throughout the energy sector. Twenty-four Enron executives , including former CEO Jeffrey Skilling , were convicted for their roles in the fraud. Enron founder Ken Lay’s convictions were vacated after he died of heart disease following his 2006 trial. On Monday — the 23rd anniversary of the bankruptcy filing — a company representing itself as Enron announced in a news release it was relaunching as a “company dedicated to solving the global energy crisis.” It also posted a video on social media, advertised on at least one Houston billboard and a took out a full-page ad in the Houston Chronicle In the minute-long video full of generic corporate jargon, the company talks about “growth” and “rebirth.” It ends with the words, “We’re back. Can we talk?” In an email, company spokesperson Will Chabot said the new Enron was not doing any interviews yet, but "We’ll have more to share soon.” Signs point to the comeback being a joke. In the “terms of use and conditions of sale” on the company's website, it says “the information on the website about Enron is First Amendment protected parody, represents performance art, and is for entertainment purposes only.” Documents filed with the U.S. Patent and Trademark Office show College Company, an Arkansas-based LLC, owns the Enron trademark. The co-founder of College Company is Connor Gaydos, who helped create a joke conspiracy theory claiming all birds are actually government surveillance drones. Peters said she and some other former employees are upset and think the relaunch was “in poor taste.” “If it’s a joke, it’s rude, extremely rude. And I hope that they realize it and apologize to all of the Enron employees,” Peters said. Peters, 74, said she is still working in information technology because “I lost everything in Enron, and so my Social Security doesn’t always take care of things I need done.” “Enron’s downfall taught us critical lessons about corporate ethics, accountability, and the consequences of unchecked ambition. Enron’s legacy was the employees in the trenches. Leave Enron buried,” she said. But Sherron Watkins, Enron’s former vice president of corporate development and the main whistleblower who helped uncover the scandal, said she didn’t have a problem with the joke because comedy “usually helps us focus on an uncomfortable historical event that we’d rather ignore.” “I think we use prior scandals to try to teach new generations what can go wrong with big companies,” said Watkins, who still speaks at colleges and conferences about the Enron scandal. This story was corrected to fix the spelling of Ken Lay’s first name, which had been misspelled “Key.” Follow Juan A. Lozano on X at https://x.com/juanlozano70
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President Vladimir Putin said on Friday that Russia would keep testing its new Oreshnik hypersonic missile in combat and had a stock ready for use. Putin was speaking a day after Russia fired the new intermediate-range weapon into Ukraine for the first time, a step he said was prompted by Ukraine's use of U.S. ballistic missiles and British cruise missiles to hit Russia. The Kremlin leader described the missile's first use as a successful test, and said more would follow. "We will continue these tests, including in combat conditions, depending on the situation and the nature of the security threats that are created for Russia," he said in televised comments to defense officials and missile developers. "Moreover, we have a stock of such products, a stock of such systems ready for use." A U.S. official, however, said the weapon Russia used was an experimental one. The official said Russia has a limited number of them and that this is not a capability that Russia is able to regularly deploy on the battlefield. Intermediate missiles have a range of 1,860-3,415 miles, which would enable them to strike anywhere in Europe or the western United States from Russia. Security experts said the novel feature of the Oreshnik missile was that it carried multiple warheads capable of simultaneously striking different targets -- something usually associated with longer-range intercontinental ballistic missiles designed to carry nuclear warheads. Ukraine said the missile reached a top speed of more than 8,000 mph and took about 15 minutes to reach its target from its launch. The firing of the missile was part of a sharp rise in tensions this week as both Ukraine and Russia have struck each other's territory with increasingly potent weapons. Moscow says that by giving the green light for Ukraine to fire Western missiles deep inside Russia, the U.S. and its allies are entering into direct conflict with Russia. On Tuesday, Putin approved policy changes that lowered the threshold for Russia to use nuclear weapons in response to an attack with conventional weapons. Ukrainian President Volodymyr Zelensky said Russia's use of the new missile amounted to "a clear and severe escalation" in the war and called for strong worldwide condemnation. He said Ukraine was working on developing new types of air defense to counter "new risks." The Kremlin said the firing of the Oreshnik was a warning to the West against taking further "reckless" actions and decisions in support of Ukraine. The Oreshnik was fired with conventional, not nuclear warheads. Putin said it was not a strategic nuclear weapon but its striking power and accuracy meant that its impact would be comparable, "especially when used in a massive group and in combination with other high-precision long-range systems." He said the missile was incapable of being shot down by an enemy. "I will add that there is no countermeasure to such a missile, no means of intercepting it, in the world today. And I will emphasize once again that we will continue testing this newest system. It is necessary to establish serial production," he said.Marsh & McLennan Cos. stock underperforms Thursday when compared to competitors despite daily gains
BOSTON , Dec. 13, 2024 /PRNewswire/ -- The Board of Directors (the "Board") of The China Fund, Inc. (the "Fund") has declared a distribution in the amount of $0.1497 per share. The distribution is comprised entirely of ordinary income. The dividend will be payable on January 10, 2025 , to stockholders of record on December 30, 2024 , with an ex-dividend date of December 30, 2024 . The Fund has a Dividend Reinvestment and Cash Purchase Plan (the "Plan") in which each stockholder automatically participates, unless the stockholder instructs Computershare Trust Company, N.A. (the "Plan Agent"), in writing, to have all distributions, net of any applicable U.S. withholding tax, paid in cash. If the Fund's shares are trading at a premium to the net asset value ("NAV") per share of the Fund on the distribution payment date, the Plan provides that stockholders will be issued Fund shares valued at NAV. If the Fund's shares are trading at a discount to the NAV per share, stockholders will be issued shares of the Fund valued at market price. Stockholders will not be charged a fee in connection with the reinvestment of dividends or capital gains distributions. A stockholder may terminate his or her participation in the Plan by notifying the Plan Agent in writing at the address below. Stockholders who have questions regarding the distribution may contact EQ Fund Solutions, LLC at 1-888-CHN-CALL (246-2255). The Fund is a closed-end management investment company with the objective of seeking long-term capital appreciation by investing primarily in equity securities (i) of companies for which the principal securities trading market is in the People's Republic of China (" China "), or (ii) of companies for which the principal securities trading market is outside of China , or constituting direct equity investments in companies organized outside of China , that in both cases derive at least 50% of their revenues from goods and services sold or produced, or have at least 50% of their assets, in China . While the Fund is permitted to invest in direct equity investments of companies organized in China , it presently holds no such investments. The Fund's shares are listed on the New York Stock Exchange under the ticker symbol "CHN." The Fund's investment manager is Matthews International Capital Management, LLC. For more information regarding the Fund and the Fund's holdings, please call 1-888-CHN-CALL (246-2255) or visit the Fund's website at www.chinafundinc.com . For more information about the Plan or to terminate your participation in the Plan, please contact Computershare Trust Company, N.A. at c/o The China Fund, Inc. at P.O. Box 43078, Providence, Rhode Island 02940-3078, by telephone at 1-800-426-5523 or via the Internet at www.computershare.com/investor . View original content: https://www.prnewswire.com/news-releases/the-china-fund-inc-declares-distributions-302331625.html SOURCE The China Fund, Inc.Turkey removes two more pro-Kurdish mayors from office for links to banned group
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