Aberdeen Greater China Fund, In (NYSE:GCH)

PHILADELPHIA, Oct. 28, 2014 /PRNewswire/ -- Aberdeen Greater China Fund, Inc. (GCH) (the "Fund"), a closed-end equity fund, announced today that the Fund's Board of Directors has approved a share repurchase program.  The share repurchase program authorizes management to make open market purchases, from time to time, in a maximum aggregate amount of up to 5% of the Fund's outstanding shares, determined on October 31, 2014, over a one year period.  Such purchases may be made opportunistically at certain discounts to net asset value per share ("NAV") when management reasonably believes that such repurchases may enhance shareholder value.

There is no assurance the Fund will purchase any shares or that the share repurchase program will have an impact on the liquidity or value of the Fund or the Fund's shares. Share repurchase activity will be disclosed in the Fund's stockholder reports for the relevant fiscal periods and updated on the Fund's website monthly.

NEW YORK, Feb. 8, 2013 /PRNewswire/ -- The Greater China Fund, Inc. (NYSE: GCH) ( the "Fund") announced today that it will pay a price of $13.32 per share for each share of the Fund properly tendered and accepted in  the Fund's tender offer (the "Tender Offer") for up to 16,987,608 of its issued and outstanding shares of common stock, par value $0.001 per share.  This price is equal to 99% of the Fund's net asset value per share as of the close of regular trading on the New York Stock Exchange on February 7, 2013.  The Tender Offer was for up to 70% of the Fund's issued and outstanding shares and expired at 11:59 p.m., Eastern Time, on February 6, 2013 (the "Expiration Date"). 

The Fund also announced that due to the upcoming Chinese Lunar New Year holiday period next week, which will result in the closure of the Hong Kong and other markets from February 11, 2013 through February 13, 2013, and the required foreign currency conversion necessary to pay holders in U.S. dollars, it is anticipated that the Fund will pay the purchase price for shares accepted in the Tender Offer on or about February 20, 2013.  Investors that hold shares in street name will receive payment for shares tendered in the Tender Offer in the normal course through their broker.

Based upon current information, approximately 15,966,299 shares, or approximately 65.8% of the Fund's issued and outstanding common stock, were tendered through the Expiration Date, including shares tendered pursuant to notices of guaranteed delivery.  These numbers remain subject to adjustment and should not be regarded as final.  Because less than 75% of the Fund's shares were tendered in the Tender Offer, the Tender Offer was not cancelled and the Fund will not be required pursuant to its previously disclosed agreement to solicit proxies from stockholders for the liquidation and dissolution of the Fund.  The final number of shares validly tendered and accepted pursuant to the Tender Offer will be announced at a later date

NEW YORK, Feb. 7, 2013 /PRNewswire/ -- The Greater China Fund, Inc. (NYSE: GCH) ( the "Fund") announced today the expiration and preliminary results of the Fund's tender offer (the "Tender Offer") for up to 16,987,608 of its issued and outstanding shares of common stock, par value $0.001 per share.  The Tender Offer was for up to 70% of the Fund's issued and outstanding shares.  The Tender Offer expired at 11:59 p.m., Eastern Time, on February 6, 2013 (the "Expiration Date")

Based upon current information, approximately 15,966,299 shares, or approximately 65.8% of the Fund's issued and outstanding common stock, were tendered through the Expiration Date, including shares tendered pursuant to notices of guaranteed delivery.  These numbers are subject to adjustment and should not be regarded as final.  Because less than 75% of the Fund's shares were tendered in the Tender Offer, the Tender Offer was not cancelled and the Fund will not be required pursuant to its previously disclosed agreement to solicit proxies from stockholders for the liquidation and dissolution of the Fund.

No more than a total of 16,987,608 properly tendered shares will be accepted in exchange for cash at a price equal to 99% of the Fund's net asset value ("NAV") per share, as determined later today, February 7, 2013, following the close of business on the New York Stock Exchange.  The final number of shares validly tendered and accepted pursuant to the Tender Offer and the price per share will be announced at a later date.

NEW YORK, NY--(Marketwire - Oct 20, 2011) - The Greater China Fund, Inc. (NYSE: GCH) ( the "Fund") announced today that in accordance with the Fund's tender offer (the "Tender Offer") for up to 6,067,002 of its issued and outstanding shares of common stock, which expired October 14, 2011, the Fund has accepted 6,067,002 shares for payment at $11.30 per share, which is equal to 98% of the Fund's net asset value per share as of the close of regular trading on the New York Stock Exchange on October 17, 2011. The 6,067,002 shares represent approximately 20% of the Fund's issued and outstanding shares. A total of 7,865,202 shares, or approximately 25.9% of the Fund's issued and outstanding common stock, were properly tendered and not withdrawn prior to the expiration of the Tender Offer. Therefore, on a pro rated basis, approximately 77.14% of the shares properly tendered by each tendering stockholder have been accepted for payment.