| Business Summary | | Asia
Tigers
Fund,
Inc.
(the
Fund)
is
an
investment
company.
During
the
past
12
months,
the
Asian
region
has
experienced
a
remarkable
recovery,
with
the
Fund
participating
significantly
in
the
surging
equity
markets.
Nine
of
the
12
markets
in
which
the
Fund
invests
recorded
gains
of
23%
or
more
in
United
States
dollar
terms
during
the
latest
12-month
period,
with
the
remaining
three
markets
increasing
at
lower
rates.
The
standout
performers
were
Malaysia,
Indonesia
and
Korea,
each
of
which
increased
160%
or
better
in
United
States
dollar
terms
during
the
period.
The
Fund's
net
asset
value
closed
at
$11.02
per
share
on
October
31,
1999,
up
46%
from
$7.55
per
share
12
months
earlier. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Asia
Tigers
Fund,
Inc.
is
an
investment
company
primarily
investing
in
the
equity
markets
of
the
Asian
Pacific
basin
and
the
Indian
subcontinent.
For
the
six
months
ended
4/30/01,
total
investment
income
decreased
38%
to
$1.3
million.
Net
decrease
in
net
assets
resulting
from
operations
totalled
$16.1
million
vs.
an
increase
of
$36.5
million.
Results
reflect
a
decrease
in
dividends
earned
and
a
decrease
in
gross
margins. | More
from
Market Guide: Significant
Developments |
| | |
| Position | Alan Rappaport, 46 | Chairman | Bryan McKigney, 41 | Pres
and Sec. | Richard Mayell, 45 | VP
and Assistant Sec. | Alan Kaye, 47 | Treasurer |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|