UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM N-PX
ANNUAL REPORT OF PROXY VOTING RECORD OF REGISTERED MANAGEMENT INVESTMENT COMPANIES
Investment Company Act file number: 811-05770
Aberdeen Chile Fund, Inc.
(Exact name of registrant as specified in charter)
1735 Market Street, 32nd Floor
Philadelphia, PA 19103
(Address of principal executive offices) (Zip code)
Lucia Sitar, Esq.
c/o Aberdeen Asset Management Inc
1735 Market Street, 32nd Floor
Philadelphia, PA 19103
(Name and address of agent for service)
Registrant’s telephone number, including area code: (866) 839-5205
Date of fiscal year end: December 31st
Date of reporting period: July 1, 2011 — June 30, 2012
PROXY VOTING RECORD
FOR PERIOD JULY 1, 2011 TO JUNE 30, 2012
|
Shares Voted |
|
Company Name |
|
Ticker |
|
ISIN |
|
Meeting |
|
Record |
|
Meeting Type |
|
Ballot Status |
|
Shares |
|
Item |
|
Proposal |
|
Proponent |
|
Management |
|
Vote Instruction |
|
User Notes |
|
42,579,464 |
|
Banco de Chile |
|
CHILE |
|
CLP0939W1081 |
|
22-Mar-12 |
|
|
|
Annual/Special |
|
Confirmed |
|
42,579,464 |
|
1 |
|
Approve Financial Statements and Statutory Reports for Fiscal Year Ended Dec. 31, 2011 |
|
Management |
|
For |
|
For |
|
|
|
42,579,464 |
|
Banco de Chile |
|
CHILE |
|
CLP0939W1081 |
|
22-Mar-12 |
|
|
|
Annual/Special |
|
Confirmed |
|
42,579,464 |
|
2 |
|
Approve Allocation of Income and Dividends of CLP 2.98 Per Share |
|
Management |
|
For |
|
For |
|
|
|
42,579,464 |
|
Banco de Chile |
|
CHILE |
|
CLP0939W1081 |
|
22-Mar-12 |
|
|
|
Annual/Special |
|
Confirmed |
|
42,579,464 |
|
3 |
|
Approve Remuneration of Directors |
|
Management |
|
For |
|
Abstain |
|
Approve remuneration of directors and audit committee. No major concern regarding remuneration, but no disclosure was given on proposed increase or budget for the year. |
|
42,579,464 |
|
Banco de Chile |
|
CHILE |
|
CLP0939W1081 |
|
22-Mar-12 |
|
|
|
Annual/Special |
|
Confirmed |
|
42,579,464 |
|
4 |
|
Approve Remuneration and Budget of Directors and Audit Committee |
|
Management |
|
For |
|
Abstain |
|
Approve remuneration of directors and audit committee. No major concern regarding remuneration, but no disclosure was given on proposed increase or budget for the year. |
|
42,579,464 |
|
Banco de Chile |
|
CHILE |
|
CLP0939W1081 |
|
22-Mar-12 |
|
|
|
Annual/Special |
|
Confirmed |
|
42,579,464 |
|
5 |
|
Elect External Auditors |
|
Management |
|
For |
|
For |
|
|
|
42,579,464 |
|
Banco de Chile |
|
CHILE |
|
CLP0939W1081 |
|
22-Mar-12 |
|
|
|
Annual/Special |
|
Confirmed |
|
42,579,464 |
|
6 |
|
Receive Directors and Audit Committee Report |
|
Management |
|
|
|
|
|
|
|
42,579,464 |
|
Banco de Chile |
|
CHILE |
|
CLP0939W1081 |
|
22-Mar-12 |
|
|
|
Annual/Special |
|
Confirmed |
|
42,579,464 |
|
7 |
|
Present Special Auditors’ Report Regarding Related-Party Transactions |
|
Management |
|
|
|
|
|
|
|
42,579,464 |
|
Banco de Chile |
|
CHILE |
|
CLP0939W1081 |
|
22-Mar-12 |
|
|
|
Annual/Special |
|
Confirmed |
|
42,579,464 |
|
8 |
|
Transact Other Business (Non-Voting) |
|
Management |
|
|
|
|
|
|
|
42,579,464 |
|
Banco de Chile |
|
CHILE |
|
CLP0939W1081 |
|
22-Mar-12 |
|
|
|
Annual/Special |
|
Confirmed |
|
42,579,464 |
|
1 |
|
Authorize Increase in Capital via Capitalization of 30 Percent of Distributable Net Income for FY Ended Dec. 31, 2011 |
|
Management |
|
For |
|
For |
|
|
|
42,579,464 |
|
Banco de Chile |
|
CHILE |
|
CLP0939W1081 |
|
22-Mar-12 |
|
|
|
Annual/Special |
|
Confirmed |
|
42,579,464 |
|
2 |
|
Amend Article 5 of Bylaws Re: Capital and Shares |
|
Management |
|
For |
|
For |
|
|
|
42,579,464 |
|
Banco de Chile |
|
CHILE |
|
CLP0939W1081 |
|
22-Mar-12 |
|
|
|
Annual/Special |
|
Confirmed |
|
42,579,464 |
|
3 |
|
Adopt All Necessary Agreements to Execute Approved Resolutions |
|
Management |
|
For |
|
For |
|
|
|
50,709 |
|
Banco de Credito e Inversiones (BCI) |
|
BCI |
|
CLP321331116 |
|
30-Mar-12 |
|
|
|
Annual/Special |
|
Confirmed |
|
50,709 |
|
1 |
|
Accept Financial Statements and Statutory Reports for Fiscal Year 2011 |
|
Management |
|
For |
|
For |
|
|
|
50,709 |
|
Banco de Credito e Inversiones (BCI) |
|
BCI |
|
CLP321331116 |
|
30-Mar-12 |
|
|
|
Annual/Special |
|
Confirmed |
|
50,709 |
|
2 |
|
Approve Dividends of CLP 825 Per Share |
|
Management |
|
For |
|
For |
|
|
|
50,709 |
|
Banco de Credito e Inversiones (BCI) |
|
BCI |
|
CLP321331116 |
|
30-Mar-12 |
|
|
|
Annual/Special |
|
Confirmed |
|
50,709 |
|
3 |
|
Approve Remuneration of Directors for the Period Beginning April, 2012 |
|
Management |
|
For |
|
For |
|
|
|
50,709 |
|
Banco de Credito e Inversiones (BCI) |
|
BCI |
|
CLP321331116 |
|
30-Mar-12 |
|
|
|
Annual/Special |
|
Confirmed |
|
50,709 |
|
4 |
|
Approve Remuneration and Budget of Directors’ Committee |
|
Management |
|
For |
|
For |
|
|
|
50,709 |
|
Banco de Credito e Inversiones (BCI) |
|
BCI |
|
CLP321331116 |
|
30-Mar-12 |
|
|
|
Annual/Special |
|
Confirmed |
|
50,709 |
|
5 |
|
Elect External Auditors and Risk Assessment Companies |
|
Management |
|
For |
|
For |
|
|
|
50,709 |
|
Banco de Credito e Inversiones (BCI) |
|
BCI |
|
CLP321331116 |
|
30-Mar-12 |
|
|
|
Annual/Special |
|
Confirmed |
|
50,709 |
|
6 |
|
Receive Special Auditors’ Report Regarding Related-Party Transactions in Accordance with Articles 44 and 89 of Law 18.406 |
|
Management |
|
|
|
|
|
|
|
50,709 |
|
Banco de Credito e Inversiones (BCI) |
|
BCI |
|
CLP321331116 |
|
30-Mar-12 |
|
|
|
Annual/Special |
|
Confirmed |
|
50,709 |
|
7 |
|
Receive 2011 Activity Report from Directors’ Committee Including Report from Advisers |
|
Management |
|
For |
|
For |
|
|
|
50,709 |
|
Banco de Credito e Inversiones (BCI) |
|
BCI |
|
CLP321331116 |
|
30-Mar-12 |
|
|
|
Annual/Special |
|
Confirmed |
|
50,709 |
|
8 |
|
Elect Mario Gomez Dubravcic as Director |
|
Management |
|
For |
|
For |
|
|
|
50,709 |
|
Banco de Credito e Inversiones (BCI) |
|
BCI |
|
CLP321331116 |
|
30-Mar-12 |
|
|
|
Annual/Special |
|
Confirmed |
|
50,709 |
|
9 |
|
Designate Newspaper to Publish Meeting Announcements |
|
Management |
|
For |
|
For |
|
|
|
50,709 |
|
Banco de Credito e Inversiones (BCI) |
|
BCI |
|
CLP321331116 |
|
30-Mar-12 |
|
|
|
Annual/Special |
|
Confirmed |
|
50,709 |
|
10 |
|
Other Business (Voting) |
|
Management |
|
For |
|
Abstain |
|
This is an open item, which is common practice in Chile. Investors voting by proxy are not able to make an informed decision as matters discussed will only be announced during the meeting. |
|
50,709 |
|
Banco de Credito e Inversiones (BCI) |
|
BCI |
|
CLP321331116 |
|
30-Mar-12 |
|
|
|
Annual/Special |
|
Confirmed |
|
50,709 |
|
1.1 |
|
Authorize Capitalization of CLP 44.56 Billion via Bonus Stock Issuance |
|
Management |
|
For |
|
For |
|
|
|
50,709 |
|
Banco de Credito e Inversiones (BCI) |
|
BCI |
|
CLP321331116 |
|
30-Mar-12 |
|
|
|
Annual/Special |
|
Confirmed |
|
50,709 |
|
1.2 |
|
Authorize Capitalization of Reserves up to the Amount Set by the Shareholder Meeting Without Bonus Stock Issuance |
|
Management |
|
For |
|
For |
|
|
|
50,709 |
|
Banco de Credito e Inversiones (BCI) |
|
BCI |
|
CLP321331116 |
|
30-Mar-12 |
|
|
|
Annual/Special |
|
Confirmed |
|
50,709 |
|
2 |
|
Amend Articles to Reflect Changes in Capital |
|
Management |
|
For |
|
For |
|
|
|
50,709 |
|
Banco de Credito e Inversiones (BCI) |
|
BCI |
|
CLP321331116 |
|
30-Mar-12 |
|
|
|
Annual/Special |
|
Confirmed |
|
50,709 |
|
3 |
|
Authorize Board to Ratify and Execute Approved Resolutions |
|
Management |
|
For |
|
For |
|
|
|
198,886,987 |
|
Banco Santander Chile |
|
BSANTANDER |
|
CLP1506A1070 |
|
24-Apr-12 |
|
|
|
Annual |
|
Confirmed |
|
198,886,987 |
|
1 |
|
Approve Annual Report, Financial Statements and External Auditors’ Report for Fiscal Year 2011 |
|
Management |
|
For |
|
For |
|
|
|
198,886,987 |
|
Banco Santander Chile |
|
BSANTANDER |
|
CLP1506A1070 |
|
24-Apr-12 |
|
|
|
Annual |
|
Confirmed |
|
198,886,987 |
|
2 |
|
Approve Allocation of Income and Dividends |
|
Management |
|
For |
|
For |
|
|
|
198,886,987 |
|
Banco Santander Chile |
|
BSANTANDER |
|
CLP1506A1070 |
|
24-Apr-12 |
|
|
|
Annual |
|
Confirmed |
|
198,886,987 |
|
3 |
|
Appoint External Auditors |
|
Management |
|
For |
|
For |
|
|
|
198,886,987 |
|
Banco Santander Chile |
|
BSANTANDER |
|
CLP1506A1070 |
|
24-Apr-12 |
|
|
|
Annual |
|
Confirmed |
|
198,886,987 |
|
4 |
|
Designate Risk Assessment Companies |
|
Management |
|
For |
|
For |
|
|
|
198,886,987 |
|
Banco Santander Chile |
|
BSANTANDER |
|
CLP1506A1070 |
|
24-Apr-12 |
|
|
|
Annual |
|
Confirmed |
|
198,886,987 |
|
5 |
|
Approve Remuneration of Directors |
|
Management |
|
For |
|
For |
|
|
|
198,886,987 |
|
Banco Santander Chile |
|
BSANTANDER |
|
CLP1506A1070 |
|
24-Apr-12 |
|
|
|
Annual |
|
Confirmed |
|
198,886,987 |
|
6 |
|
Receive Directors and Audit Committee’s Report; Approve Remuneration and Budget of Directors’ Committee and Audit Committee |
|
Management |
|
For |
|
For |
|
|
|
198,886,987 |
|
Banco Santander Chile |
|
BSANTANDER |
|
CLP1506A1070 |
|
24-Apr-12 |
|
|
|
Annual |
|
Confirmed |
|
198,886,987 |
|
7 |
|
Receive Special Auditors’ Report Regarding Related-Party Transactions |
|
Management |
|
|
|
|
|
|
|
198,886,987 |
|
Banco Santander Chile |
|
BSANTANDER |
|
CLP1506A1070 |
|
24-Apr-12 |
|
|
|
Annual |
|
Confirmed |
|
198,886,987 |
|
8 |
|
Other Business (Voting) |
|
Management |
|
For |
|
Against |
|
Insufficient information. |
|
1,263,524 |
|
Coca Cola Embonor S.A. |
|
EMBONOR-B |
|
CLP3698K1338 |
|
19-Apr-12 |
|
|
|
Annual |
|
Confirmed |
|
1,263,524 |
|
1 |
|
Accept Financial Statements and External Auditor Reports for Fiscal Year 2011 |
|
Management |
|
For |
|
For |
|
|
|
1,263,524 |
|
Coca Cola Embonor S.A. |
|
EMBONOR-B |
|
CLP3698K1338 |
|
19-Apr-12 |
|
|
|
Annual |
|
Confirmed |
|
1,263,524 |
|
2 |
|
Approve Allocation of Income and Dividends of CLP 52.38 per Serie A Share and CLP 55 per Serie B Share |
|
Management |
|
For |
|
For |
|
|
|
1,263,524 |
|
Coca Cola Embonor S.A. |
|
EMBONOR-B |
|
CLP3698K1338 |
|
19-Apr-12 |
|
|
|
Annual |
|
Confirmed |
|
1,263,524 |
|
3 |
|
Approve Remuneration of Directors for Fiscal Year 2012 |
|
Management |
|
For |
|
Abstain |
|
No disclosure was provided ahead of the meeting. Although this is common practice in Chile we engaged with the company asking further clarification and response was unsatisfactory. |
|
1,263,524 |
|
Coca Cola Embonor S.A. |
|
EMBONOR-B |
|
CLP3698K1338 |
|
19-Apr-12 |
|
|
|
Annual |
|
Confirmed |
|
1,263,524 |
|
4 |
|
Approve External Auditors for Fiscal Year 2012 |
|
Management |
|
For |
|
For |
|
|
|
1,263,524 |
|
Coca Cola Embonor S.A. |
|
EMBONOR-B |
|
CLP3698K1338 |
|
19-Apr-12 |
|
|
|
Annual |
|
Confirmed |
|
1,263,524 |
|
5 |
|
Receive Special Auditors’ Report Regarding Related-Party Transactions |
|
Management |
|
|
|
|
|
|
|
1,263,524 |
|
Coca Cola Embonor S.A. |
|
EMBONOR-B |
|
CLP3698K1338 |
|
19-Apr-12 |
|
|
|
Annual |
|
Confirmed |
|
1,263,524 |
|
6 |
|
Designate Newspaper to Publish Meeting Announcements |
|
Management |
|
For |
|
For |
|
|
|
1,263,524 |
|
Coca Cola Embonor S.A. |
|
EMBONOR-B |
|
CLP3698K1338 |
|
19-Apr-12 |
|
|
|
Annual |
|
Confirmed |
|
1,263,524 |
|
7 |
|
Approve Future Dividend Policy |
|
Management |
|
For |
|
For |
|
|
|
1,263,524 |
|
Coca Cola Embonor S.A. |
|
EMBONOR-B |
|
CLP3698K1338 |
|
19-Apr-12 |
|
|
|
Annual |
|
Confirmed |
|
1,263,524 |
|
8 |
|
Approve Remuneration and Budget of Director’s Committee for Fiscal Year 2012 |
|
Management |
|
For |
|
Abstain |
|
No disclosure was provided ahead of the meeting. |
|
1,263,524 |
|
Coca Cola Embonor S.A. |
|
EMBONOR-B |
|
CLP3698K1338 |
|
19-Apr-12 |
|
|
|
Annual |
|
Confirmed |
|
1,263,524 |
|
9 |
|
Other Business (Voting) |
|
Management |
|
For |
|
Against |
|
This is an open item in the agenda for issues that may be raised during the meeting. Due to the lack of disclosure in items as such we are not able to do an informed decision in items as such. |
|
544,283 |
|
Compania Cervecerias Unidas S.A. |
|
CCU |
|
CLP249051044 |
|
11-Apr-12 |
|
|
|
Annual |
|
Confirmed |
|
544,283 |
|
1 |
|
Accept Chairman’s Report |
|
Management |
|
For |
|
For |
|
|
|
544,283 |
|
Compania Cervecerias Unidas S.A. |
|
CCU |
|
CLP249051044 |
|
11-Apr-12 |
|
|
|
Annual |
|
Confirmed |
|
544,283 |
|
2 |
|
Accept Financial Statements and Statutory Reports for Fiscal Year 2011 |
|
Management |
|
For |
|
For |
|
|
|
544,283 |
|
Compania Cervecerias Unidas S.A. |
|
CCU |
|
CLP249051044 |
|
11-Apr-12 |
|
|
|
Annual |
|
Confirmed |
|
544,283 |
|
3 |
|
Approve Allocation of Income and Dividends |
|
Management |
|
For |
|
For |
|
|
|
544,283 |
|
Compania Cervecerias Unidas S.A. |
|
CCU |
|
CLP249051044 |
|
11-Apr-12 |
|
|
|
Annual |
|
Confirmed |
|
544,283 |
|
4 |
|
Approve Dividend Policy |
|
Management |
|
For |
|
For |
|
|
|
544,283 |
|
Compania Cervecerias Unidas S.A. |
|
CCU |
|
CLP249051044 |
|
11-Apr-12 |
|
|
|
Annual |
|
Confirmed |
|
544,283 |
|
5 |
|
Elect Directors |
|
Management |
|
For |
|
Abstain |
|
The names of the appointed candidates were not disclosed ahead of the meeting and this is also a bundled resolution. |
|
544,283 |
|
Compania Cervecerias Unidas S.A. |
|
CCU |
|
CLP249051044 |
|
11-Apr-12 |
|
|
|
Annual |
|
Confirmed |
|
544,283 |
|
6 |
|
Approve Remuneration of Directors for Fiscal Year 2012 |
|
Management |
|
For |
|
For |
|
|
|
544,283 |
|
Compania Cervecerias Unidas S.A. |
|
CCU |
|
CLP249051044 |
|
11-Apr-12 |
|
|
|
Annual |
|
Confirmed |
|
544,283 |
|
7 |
|
Approve Remuneration and Budget of Directors Committee for Fiscal Year 2012 |
|
Management |
|
For |
|
For |
|
|
|
544,283 |
|
Compania Cervecerias Unidas S.A. |
|
CCU |
|
CLP249051044 |
|
11-Apr-12 |
|
|
|
Annual |
|
Confirmed |
|
544,283 |
|
8 |
|
Approve Remuneration and Budget of Audit Committee for Fiscal Year 2012 |
|
Management |
|
For |
|
For |
|
|
|
544,283 |
|
Compania Cervecerias Unidas S.A. |
|
CCU |
|
CLP249051044 |
|
11-Apr-12 |
|
|
|
Annual |
|
Confirmed |
|
544,283 |
|
9 |
|
Elect External Auditors for Fiscal Year 2012 |
|
Management |
|
For |
|
For |
|
|
|
544,283 |
|
Compania Cervecerias Unidas S.A. |
|
CCU |
|
CLP249051044 |
|
11-Apr-12 |
|
|
|
Annual |
|
Confirmed |
|
544,283 |
|
10 |
|
Accept Directors Committee Report for Fiscal Year 2011 |
|
Management |
|
For |
|
For |
|
|
|
544,283 |
|
Compania Cervecerias Unidas S.A. |
|
CCU |
|
CLP249051044 |
|
11-Apr-12 |
|
|
|
Annual |
|
Confirmed |
|
544,283 |
|
11 |
|
Receive Special Auditors’ Report Regarding Related-Party Transactions |
|
Management |
|
|
|
|
|
|
|
544,283 |
|
Compania Cervecerias Unidas S.A. |
|
CCU |
|
CLP249051044 |
|
11-Apr-12 |
|
|
|
Annual |
|
Confirmed |
|
544,283 |
|
12 |
|
Other Business (Voting) |
|
Management |
|
For |
|
Abstain |
|
This is an open item on the agenda for matters that may appear during the meeting, so we are not allowed to analyze the impacts of the proposals ahead of the meeting. |
|
1,279,000 |
|
Embotelladora Andina S.A. |
|
ANDINA-B |
|
CLP3697S1034 |
|
27-Apr-12 |
|
|
|
Annual |
|
Confirmed |
|
1,279,000 |
|
1 |
|
Accept Financial Statements and Statutory Reports for Fiscal Year 2011 |
|
Management |
|
For |
|
For |
|
|
|
1,279,000 |
|
Embotelladora Andina S.A. |
|
ANDINA-B |
|
CLP3697S1034 |
|
27-Apr-12 |
|
|
|
Annual |
|
Confirmed |
|
1,279,000 |
|
2 |
|
Approve Allocation of Income and Dividends of CLP 10.97 per Class A Share and CLP 12.067 per Class B Share |
|
Management |
|
For |
|
For |
|
|
|
1,279,000 |
|
Embotelladora Andina S.A. |
|
ANDINA-B |
|
CLP3697S1034 |
|
27-Apr-12 |
|
|
|
Annual |
|
Confirmed |
|
1,279,000 |
|
3 |
|
Approve Dividend Policy |
|
Management |
|
For |
|
For |
|
|
|
1,279,000 |
|
Embotelladora Andina S.A. |
|
ANDINA-B |
|
CLP3697S1034 |
|
27-Apr-12 |
|
|
|
Annual |
|
Confirmed |
|
1,279,000 |
|
4 |
|
Elect Directors |
|
Management |
|
For |
|
Against |
|
The name of the candidates were not disclosed ahead of the meeting. |
|
1,279,000 |
|
Embotelladora Andina S.A. |
|
ANDINA-B |
|
CLP3697S1034 |
|
27-Apr-12 |
|
|
|
Annual |
|
Confirmed |
|
1,279,000 |
|
5 |
|
Approve Remuneration of Directors, Directors’ Committee and Audit Committee Members |
|
Management |
|
For |
|
Abstain |
|
The IR disclosed the budget of CLP200mln which seems reasonable, however failed to disclose the proposed amounts. |
|
1,279,000 |
|
Embotelladora Andina S.A. |
|
ANDINA-B |
|
CLP3697S1034 |
|
27-Apr-12 |
|
|
|
Annual |
|
Confirmed |
|
1,279,000 |
|
6 |
|
Approve External Auditors for Fiscal Year 2012 |
|
Management |
|
For |
|
For |
|
|
|
1,279,000 |
|
Embotelladora Andina S.A. |
|
ANDINA-B |
|
CLP3697S1034 |
|
27-Apr-12 |
|
|
|
Annual |
|
Confirmed |
|
1,279,000 |
|
7 |
|
Designate Risk Assessment Companies |
|
Management |
|
For |
|
For |
|
|
|
1,279,000 |
|
Embotelladora Andina S.A. |
|
ANDINA-B |
|
CLP3697S1034 |
|
27-Apr-12 |
|
|
|
Annual |
|
Confirmed |
|
1,279,000 |
|
8 |
|
Accept Special Auditors’ Report Regarding Related-Party Transactions |
|
Management |
|
|
|
|
|
|
|
1,279,000 |
|
Embotelladora Andina S.A. |
|
ANDINA-B |
|
CLP3697S1034 |
|
27-Apr-12 |
|
|
|
Annual |
|
Confirmed |
|
1,279,000 |
|
9 |
|
Other Business (Voting) |
|
Management |
|
For |
|
Against |
|
Infsufficient information. |
|
1,279,000 |
|
Embotelladora Andina S.A. |
|
ANDINA-B |
|
CLP3697S1034 |
|
25-Jun-12 |
|
|
|
Special |
|
Confirmed |
|
1,279,000 |
|
1 |
|
Approve Acquisition of Embotelladoras Coca-Cola Polar SA |
|
Management |
|
For |
|
For |
|
|
|
1,279,000 |
|
Embotelladora Andina S.A. |
|
ANDINA-B |
|
CLP3697S1034 |
|
25-Jun-12 |
|
|
|
Special |
|
Confirmed |
|
1,279,000 |
|
2 |
|
Approve Increase in Board Size from 7 to 14 |
|
Management |
|
For |
|
Abstain |
|
The company asks the approval to turn alternative board members into effective, increasing the number of effective board seats from 7 to 14. Although ISS recommended us to go against given the lack of disclosure of candidates, this is not a requirement under Chilean regulation and the company contacted us to explain their rationale. So seems fine to Abstain and encourage the company to improve disclosure going forward. |
|
1,279,000 |
|
Embotelladora Andina S.A. |
|
ANDINA-B |
|
CLP3697S1034 |
|
25-Jun-12 |
|
|
|
Special |
|
Confirmed |
|
1,279,000 |
|
3 |
|
Elect Directors |
|
Management |
|
For |
|
Abstain |
|
Given the increase in effective members from 7 to 14 the company prposes the election of members and the apporval of remuneration. Same rational of item 2. |
|
1,279,000 |
|
Embotelladora Andina S.A. |
|
ANDINA-B |
|
CLP3697S1034 |
|
25-Jun-12 |
|
|
|
Special |
|
Confirmed |
|
1,279,000 |
|
4 |
|
Approve Remuneration of Directors and Members of Directors’ and Audit Committees |
|
Management |
|
For |
|
Abstain |
|
Given the increase in effective members from 7 to 14 the company prposes the election of members and the apporval of remuneration. Same rational of item 2. |
|
1,279,000 |
|
Embotelladora Andina S.A. |
|
ANDINA-B |
|
CLP3697S1034 |
|
25-Jun-12 |
|
|
|
Special |
|
Confirmed |
|
1,279,000 |
|
5 |
|
Adopt All Necessary Agreements to Execute Approved Resolutions |
|
Management |
|
|
|
|
|
|
|
169,000 |
|
Empresa Nacional de Telecomunicaciones S.A. ENTEL |
|
ENTEL |
|
CLP371151059 |
|
26-Apr-12 |
|
|
|
Annual |
|
Confirmed |
|
169,000 |
|
1 |
|
Accept Annual Report, Financial Statements and Statutory Reports for Fiscal Year 2011 |
|
Management |
|
For |
|
For |
|
|
|
169,000 |
|
Empresa Nacional de Telecomunicaciones S.A. ENTEL |
|
ENTEL |
|
CLP371151059 |
|
26-Apr-12 |
|
|
|
Annual |
|
Confirmed |
|
169,000 |
|
2 |
|
Approve Final Dividend for Fiscal Year 2011 |
|
Management |
|
For |
|
For |
|
|
|
169,000 |
|
Empresa Nacional de Telecomunicaciones S.A. ENTEL |
|
ENTEL |
|
CLP371151059 |
|
26-Apr-12 |
|
|
|
Annual |
|
Confirmed |
|
169,000 |
|
3 |
|
Accept Dividend Policy |
|
Management |
|
For |
|
For |
|
|
|
169,000 |
|
Empresa Nacional de Telecomunicaciones S.A. ENTEL |
|
ENTEL |
|
CLP371151059 |
|
26-Apr-12 |
|
|
|
Annual |
|
Confirmed |
|
169,000 |
|
4 |
|
Approve Investment and Financing Policy |
|
Management |
|
For |
|
For |
|
|
|
169,000 |
|
Empresa Nacional de Telecomunicaciones S.A. ENTEL |
|
ENTEL |
|
CLP371151059 |
|
26-Apr-12 |
|
|
|
Annual |
|
Confirmed |
|
169,000 |
|
5 |
|
Elect Directors |
|
Management |
|
For |
|
Against |
|
Names were not disclosed ahead of the meeting. |
|
169,000 |
|
Empresa Nacional de Telecomunicaciones S.A. ENTEL |
|
ENTEL |
|
CLP371151059 |
|
26-Apr-12 |
|
|
|
Annual |
|
Confirmed |
|
169,000 |
|
6 |
|
Approve Remuneration of Directors |
|
Management |
|
For |
|
For |
|
|
|
169,000 |
|
Empresa Nacional de Telecomunicaciones S.A. ENTEL |
|
ENTEL |
|
CLP371151059 |
|
26-Apr-12 |
|
|
|
Annual |
|
Confirmed |
|
169,000 |
|
7 |
|
Approve Remuneration and Budget of Directors’ Committee |
|
Management |
|
For |
|
For |
|
|
|
169,000 |
|
Empresa Nacional de Telecomunicaciones S.A. ENTEL |
|
ENTEL |
|
CLP371151059 |
|
26-Apr-12 |
|
|
|
Annual |
|
Confirmed |
|
169,000 |
|
8 |
|
Elect External Auditors and Internal Statutory Auditors |
|
Management |
|
For |
|
For |
|
|
|
169,000 |
|
Empresa Nacional de Telecomunicaciones S.A. ENTEL |
|
ENTEL |
|
CLP371151059 |
|
26-Apr-12 |
|
|
|
Annual |
|
Confirmed |
|
169,000 |
|
9 |
|
Designate Risk Assessment Companies |
|
Management |
|
For |
|
For |
|
|
|
169,000 |
|
Empresa Nacional de Telecomunicaciones S.A. ENTEL |
|
ENTEL |
|
CLP371151059 |
|
26-Apr-12 |
|
|
|
Annual |
|
Confirmed |
|
169,000 |
|
10 |
|
Receive Special Auditors’ Report Regarding Related-Party Transactions |
|
Management |
|
|
|
|
|
|
|
169,000 |
|
Empresa Nacional de Telecomunicaciones S.A. ENTEL |
|
ENTEL |
|
CLP371151059 |
|
26-Apr-12 |
|
|
|
Annual |
|
Confirmed |
|
169,000 |
|
11 |
|
Designate Newspaper to Publish Meeting Announcements |
|
Management |
|
For |
|
For |
|
|
|
169,000 |
|
Empresa Nacional de Telecomunicaciones S.A. ENTEL |
|
ENTEL |
|
CLP371151059 |
|
26-Apr-12 |
|
|
|
Annual |
|
Confirmed |
|
169,000 |
|
12 |
|
Other Business (Voting) |
|
Management |
|
For |
|
Against |
|
We are unable to make an informed decision due to the lack of disclosure. |
|
3,773,130 |
|
Empresas CMPC S.A. |
|
CMPC |
|
CL0000001314 |
|
27-Apr-12 |
|
|
|
Annual |
|
Confirmed |
|
3,773,130 |
|
1 |
|
Accept Financial Statements and Statutory Reports for Fiscal Year Ended Dec. 31, 2011 |
|
Management |
|
For |
|
For |
|
|
|
3,773,130 |
|
Empresas CMPC S.A. |
|
CMPC |
|
CL0000001314 |
|
27-Apr-12 |
|
|
|
Annual |
|
Confirmed |
|
3,773,130 |
|
2 |
|
Approve Allocation of Income and Dividends |
|
Management |
|
For |
|
For |
|
|
|
3,773,130 |
|
Empresas CMPC S.A. |
|
CMPC |
|
CL0000001314 |
|
27-Apr-12 |
|
|
|
Annual |
|
Confirmed |
|
3,773,130 |
|
3 |
|
Receive Special Auditors’ Report Regarding Related-Party Transactions |
|
Management |
|
|
|
|
|
|
|
3,773,130 |
|
Empresas CMPC S.A. |
|
CMPC |
|
CL0000001314 |
|
27-Apr-12 |
|
|
|
Annual |
|
Confirmed |
|
3,773,130 |
|
4 |
|
Elect External Auditors and Designate Risk Assessment Companies |
|
Management |
|
For |
|
For |
|
|
|
3,773,130 |
|
Empresas CMPC S.A. |
|
CMPC |
|
CL0000001314 |
|
27-Apr-12 |
|
|
|
Annual |
|
Confirmed |
|
3,773,130 |
|
5 |
|
Approve Remuneration of Directors; Approve Remuneration and Budget of Directors’ Committee for Fiscal Year 2012 |
|
Management |
|
For |
|
For |
|
|
|
3,773,130 |
|
Empresas CMPC S.A. |
|
CMPC |
|
CL0000001314 |
|
27-Apr-12 |
|
|
|
Annual |
|
Confirmed |
|
3,773,130 |
|
6 |
|
Approve Policy and Procedures on Dividend and Allocation of Income |
|
Management |
|
For |
|
For |
|
|
|
3,773,130 |
|
Empresas CMPC S.A. |
|
CMPC |
|
CL0000001314 |
|
27-Apr-12 |
|
|
|
Annual |
|
Confirmed |
|
3,773,130 |
|
7 |
|
Other Business (Voting) |
|
Management |
|
For |
|
Against |
|
This is an open item and doesn’t allow investors voting by proxy to assess the impacts of the matters that may be raised during the meeting. |
|
1,155,889 |
|
Empresas Copec S.A. |
|
COPEC |
|
CLP7847L1080 |
|
25-Apr-12 |
|
|
|
Annual |
|
Confirmed |
|
1,155,889 |
|
1 |
|
Accept Financial Statements and Statutory Reports for Fiscal Year 2011; Present Current Company Standing Report |
|
Management |
|
For |
|
For |
|
|
|
1,155,889 |
|
Empresas Copec S.A. |
|
COPEC |
|
CLP7847L1080 |
|
25-Apr-12 |
|
|
|
Annual |
|
Confirmed |
|
1,155,889 |
|
2 |
|
Receive Special Auditors’ Report Regarding Related-Party Transactions |
|
Management |
|
|
|
|
|
|
|
1,155,889 |
|
Empresas Copec S.A. |
|
COPEC |
|
CLP7847L1080 |
|
25-Apr-12 |
|
|
|
Annual |
|
Confirmed |
|
1,155,889 |
|
3 |
|
Approve Remuneration of Directors for Next Fiscal Year |
|
Management |
|
For |
|
Abstain |
|
As many companies in Chile no disclosure is given ahead of the meeting, so we cannot assess the impact of the proposal. |
|
1,155,889 |
|
Empresas Copec S.A. |
|
COPEC |
|
CLP7847L1080 |
|
25-Apr-12 |
|
|
|
Annual |
|
Confirmed |
|
1,155,889 |
|
4 |
|
Approve Remuneration and Budget for Directors’ Committee; Present Report on Directors’ Committee Expenses and Activities |
|
Management |
|
For |
|
Abstain |
|
As many companies in Chile no disclosure is given ahead of the meeting, so we cannot assess the impact of the proposal. |
|
1,155,889 |
|
Empresas Copec S.A. |
|
COPEC |
|
CLP7847L1080 |
|
25-Apr-12 |
|
|
|
Annual |
|
Confirmed |
|
1,155,889 |
|
5 |
|
Elect External Auditor and Designate Risk Assessment Companies |
|
Management |
|
For |
|
For |
|
|
|
1,155,889 |
|
Empresas Copec S.A. |
|
COPEC |
|
CLP7847L1080 |
|
25-Apr-12 |
|
|
|
Annual |
|
Confirmed |
|
1,155,889 |
|
6 |
|
Other Business (Voting) |
|
Management |
|
For |
|
Against |
|
This is an open item in the agenda so we cannot assess the impact of the discussions ahead of the meeting. |
|
33,200,000 |
|
Enersis S.A. |
|
ENERSIS |
|
CLP371861061 |
|
26-Apr-12 |
|
|
|
Annual |
|
Confirmed |
|
33,200,000 |
|
1 |
|
Accept Financial Statements, Statutory and Reports of External Auditors and Internal Statutory Auditors for Fiscal Year 2011 |
|
Management |
|
For |
|
For |
|
|
|
33,200,000 |
|
Enersis S.A. |
|
ENERSIS |
|
CLP371861061 |
|
26-Apr-12 |
|
|
|
Annual |
|
Confirmed |
|
33,200,000 |
|
2 |
|
Approve Allocation of Income and Distribution of Dividends |
|
Management |
|
For |
|
For |
|
|
|
33,200,000 |
|
Enersis S.A. |
|
ENERSIS |
|
CLP371861061 |
|
26-Apr-12 |
|
|
|
Annual |
|
Confirmed |
|
33,200,000 |
|
3 |
|
Approve Remuneration of Directors |
|
Management |
|
For |
|
Abstain |
|
Current amount seems reasonable but no disclosure was given ahead of the meeting and no response has been received from the company so far. |
|
33,200,000 |
|
Enersis S.A. |
|
ENERSIS |
|
CLP371861061 |
|
26-Apr-12 |
|
|
|
Annual |
|
Confirmed |
|
33,200,000 |
|
4 |
|
Approve Remuneration and Budget of Directors’ Committee for Fiscal Year 2012 |
|
Management |
|
For |
|
Abstain |
|
Current amount seems reasonable but no disclosure was given ahead of the meeting and no response has been received from the company so far. |
|
33,200,000 |
|
Enersis S.A. |
|
ENERSIS |
|
CLP371861061 |
|
26-Apr-12 |
|
|
|
Annual |
|
Confirmed |
|
33,200,000 |
|
5 |
|
Present Information on Board Reports on Board Expenses, Annual Management, Expenditures and Activities of the Directors’ Committee |
|
Management |
|
|
|
|
|
|
|
33,200,000 |
|
Enersis S.A. |
|
ENERSIS |
|
CLP371861061 |
|
26-Apr-12 |
|
|
|
Annual |
|
Confirmed |
|
33,200,000 |
|
6 |
|
Elect External Auditors |
|
Management |
|
For |
|
For |
|
|
|
33,200,000 |
|
Enersis S.A. |
|
ENERSIS |
|
CLP371861061 |
|
26-Apr-12 |
|
|
|
Annual |
|
Confirmed |
|
33,200,000 |
|
7 |
|
Elect Two Internal Statutory Auditors and their Respective Alternates; Approve their Remunerations |
|
Management |
|
For |
|
For |
|
|
|
33,200,000 |
|
Enersis S.A. |
|
ENERSIS |
|
CLP371861061 |
|
26-Apr-12 |
|
|
|
Annual |
|
Confirmed |
|
33,200,000 |
|
8 |
|
Designate Risk Assessment Companies |
|
Management |
|
For |
|
For |
|
|
|
33,200,000 |
|
Enersis S.A. |
|
ENERSIS |
|
CLP371861061 |
|
26-Apr-12 |
|
|
|
Annual |
|
Confirmed |
|
33,200,000 |
|
9 |
|
Approve Investment and Financing Policy |
|
Management |
|
For |
|
For |
|
|
|
33,200,000 |
|
Enersis S.A. |
|
ENERSIS |
|
CLP371861061 |
|
26-Apr-12 |
|
|
|
Annual |
|
Confirmed |
|
33,200,000 |
|
10 |
|
Present Information on Dividend Policy and Procedures for Dividend Distribution |
|
Management |
|
|
|
|
|
|
|
33,200,000 |
|
Enersis S.A. |
|
ENERSIS |
|
CLP371861061 |
|
26-Apr-12 |
|
|
|
Annual |
|
Confirmed |
|
33,200,000 |
|
11 |
|
Receive Special Auditors’ Report Regarding Related-Party Transactions |
|
Management |
|
|
|
|
|
|
|
33,200,000 |
|
Enersis S.A. |
|
ENERSIS |
|
CLP371861061 |
|
26-Apr-12 |
|
|
|
Annual |
|
Confirmed |
|
33,200,000 |
|
12 |
|
Present Report Re: Processing, Printing, and Mailing Information Required by Chilean Law |
|
Management |
|
|
|
|
|
|
|
33,200,000 |
|
Enersis S.A. |
|
ENERSIS |
|
CLP371861061 |
|
26-Apr-12 |
|
|
|
Annual |
|
Confirmed |
|
33,200,000 |
|
13 |
|
Other Business (Voting) |
|
Management |
|
For |
|
Against |
|
Insufficient information. |
|
33,200,000 |
|
Enersis S.A. |
|
ENERSIS |
|
CLP371861061 |
|
26-Apr-12 |
|
|
|
Annual |
|
Confirmed |
|
33,200,000 |
|
14 |
|
Authorize Board to Ratify and Execute Approved Resolutions |
|
Management |
|
For |
|
For |
|
|
|
1,442,500 |
|
Inversiones Aguas Metropolitanas S.A. |
|
IAM |
|
CL0000001256 |
|
27-Jul-11 |
|
|
|
Special |
|
Confirmed |
|
1,442,500 |
|
1 |
|
Elect Directors |
|
Management |
|
For |
|
Abstain |
|
The company failed to provide the name of director candidates and it is a bundled resolution. |
|
1,442,500 |
|
Inversiones Aguas Metropolitanas S.A. |
|
IAM |
|
CL0000001256 |
|
18-Apr-12 |
|
|
|
Annual |
|
Confirmed |
|
1,442,500 |
|
1 |
|
Accept External Auditor’s Reports, Annual Report and Financial Statements for Fiscal Year 2011 |
|
Management |
|
For |
|
For |
|
|
|
1,442,500 |
|
Inversiones Aguas Metropolitanas S.A. |
|
IAM |
|
CL0000001256 |
|
18-Apr-12 |
|
|
|
Annual |
|
Confirmed |
|
1,442,500 |
|
2 |
|
Approve Allocation of Income and Dividends for Fiscal Year 2011 |
|
Management |
|
For |
|
For |
|
|
|
1,442,500 |
|
Inversiones Aguas Metropolitanas S.A. |
|
IAM |
|
CL0000001256 |
|
18-Apr-12 |
|
|
|
Annual |
|
Confirmed |
|
1,442,500 |
|
3 |
|
Present Dividend Policy |
|
Management |
|
For |
|
For |
|
|
|
1,442,500 |
|
Inversiones Aguas Metropolitanas S.A. |
|
IAM |
|
CL0000001256 |
|
18-Apr-12 |
|
|
|
Annual |
|
Confirmed |
|
1,442,500 |
|
4 |
|
Receive Special Auditors’ Report Regarding Related-Party Transactions |
|
Management |
|
|
|
|
|
|
|
1,442,500 |
|
Inversiones Aguas Metropolitanas S.A. |
|
IAM |
|
CL0000001256 |
|
18-Apr-12 |
|
|
|
Annual |
|
Confirmed |
|
1,442,500 |
|
5 |
|
Elect External Auditors Fiscal Year 2012 |
|
Management |
|
For |
|
For |
|
|
|
1,442,500 |
|
Inversiones Aguas Metropolitanas S.A. |
|
IAM |
|
CL0000001256 |
|
18-Apr-12 |
|
|
|
Annual |
|
Confirmed |
|
1,442,500 |
|
6 |
|
Designate Risk Assessment Companies for Fiscal Year 2012 |
|
Management |
|
For |
|
For |
|
|
|
1,442,500 |
|
Inversiones Aguas Metropolitanas S.A. |
|
IAM |
|
CL0000001256 |
|
18-Apr-12 |
|
|
|
Annual |
|
Confirmed |
|
1,442,500 |
|
7 |
|
Approve Remuneration of Directors for Fiscal Year 2012 |
|
Management |
|
For |
|
For |
|
|
|
1,442,500 |
|
Inversiones Aguas Metropolitanas S.A. |
|
IAM |
|
CL0000001256 |
|
18-Apr-12 |
|
|
|
Annual |
|
Confirmed |
|
1,442,500 |
|
8 |
|
Present Board’s Expense Report for Fiscal Year 2011 |
|
Management |
|
For |
|
For |
|
|
|
1,442,500 |
|
Inversiones Aguas Metropolitanas S.A. |
|
IAM |
|
CL0000001256 |
|
18-Apr-12 |
|
|
|
Annual |
|
Confirmed |
|
1,442,500 |
|
9 |
|
Approve Remuneration and Budget of Directors’ Committee for Fiscal Year 2012 |
|
Management |
|
For |
|
For |
|
|
|
1,442,500 |
|
Inversiones Aguas Metropolitanas S.A. |
|
IAM |
|
CL0000001256 |
|
18-Apr-12 |
|
|
|
Annual |
|
Confirmed |
|
1,442,500 |
|
10 |
|
Present Report on Activities Carried Out and Expenses Incurred by Directors’ Committee in 2011 |
|
Management |
|
For |
|
For |
|
|
|
1,442,500 |
|
Inversiones Aguas Metropolitanas S.A. |
|
IAM |
|
CL0000001256 |
|
18-Apr-12 |
|
|
|
Annual |
|
Confirmed |
|
1,442,500 |
|
11 |
|
Designate Newspaper to Publish Meeting Announcements |
|
Management |
|
For |
|
For |
|
|
|
1,442,500 |
|
Inversiones Aguas Metropolitanas S.A. |
|
IAM |
|
CL0000001256 |
|
18-Apr-12 |
|
|
|
Annual |
|
Confirmed |
|
1,442,500 |
|
12 |
|
Other Business (Voting) |
|
Management |
|
For |
|
Against |
|
We have been voting in line with ISS recommendations on the basis that investors are not able to assess the impacts of matters that may be discussed under items as such, and engaging with management to express our opinion. |
|
258,500 |
|
Lan Airlines S.A. |
|
LAN |
|
CL0000000423 |
|
26-Apr-12 |
|
|
|
Annual |
|
Confirmed |
|
258,500 |
|
1 |
|
Approve Financial Statements and Statutory Reports for Fiscal Year 2011 |
|
Management |
|
For |
|
For |
|
|
|
258,500 |
|
Lan Airlines S.A. |
|
LAN |
|
CL0000000423 |
|
26-Apr-12 |
|
|
|
Annual |
|
Confirmed |
|
258,500 |
|
2 |
|
Approve Final Dividends Based on Income of Fiscal Year 2011 Including $0.11 per Share and $0.24 per Share Paid in Sep. 2011 and Jan. 2012 Respectively |
|
Management |
|
For |
|
For |
|
|
|
258,500 |
|
Lan Airlines S.A. |
|
LAN |
|
CL0000000423 |
|
26-Apr-12 |
|
|
|
Annual |
|
Confirmed |
|
258,500 |
|
3 |
|
Elect Directors |
|
Management |
|
For |
|
Against |
|
Bundled election and the company has failed to diclose names and details of the candidates. |
|
258,500 |
|
Lan Airlines S.A. |
|
LAN |
|
CL0000000423 |
|
26-Apr-12 |
|
|
|
Annual |
|
Confirmed |
|
258,500 |
|
4 |
|
Approve Remuneration of Directors for Fiscal Year 2012 |
|
Management |
|
For |
|
For |
|
|
|
258,500 |
|
Lan Airlines S.A. |
|
LAN |
|
CL0000000423 |
|
26-Apr-12 |
|
|
|
Annual |
|
Confirmed |
|
258,500 |
|
5 |
|
Approve Remuneration and Budget of Directors’ Committee for Fiscal Year 2012 |
|
Management |
|
For |
|
For |
|
|
|
258,500 |
|
Lan Airlines S.A. |
|
LAN |
|
CL0000000423 |
|
26-Apr-12 |
|
|
|
Annual |
|
Confirmed |
|
258,500 |
|
6 |
|
Approve External Auditors, Designate Risk-Assessment Companies; Present Special Auditors’ Report Regarding Related-Party Transactions |
|
Management |
|
For |
|
For |
|
|
|
258,500 |
|
Lan Airlines S.A. |
|
LAN |
|
CL0000000423 |
|
26-Apr-12 |
|
|
|
Annual |
|
Confirmed |
|
258,500 |
|
7 |
|
Present Report Re: Processing, Printing, and Mailing Information Required by Chilean Law |
|
Management |
|
For |
|
For |
|
|
|
258,500 |
|
Lan Airlines S.A. |
|
LAN |
|
CL0000000423 |
|
26-Apr-12 |
|
|
|
Annual |
|
Confirmed |
|
258,500 |
|
8 |
|
Designate Newspaper to Publish Meeting Announcements |
|
Management |
|
For |
|
For |
|
|
|
258,500 |
|
Lan Airlines S.A. |
|
LAN |
|
CL0000000423 |
|
26-Apr-12 |
|
|
|
Annual |
|
Confirmed |
|
258,500 |
|
9 |
|
Other Business (Voting) |
|
Management |
|
For |
|
Against |
|
Insufficient information. |
|
258,500 |
|
LATAM Airlines Group SA |
|
LAN |
|
CL0000000423 |
|
21-Dec-11 |
|
|
|
Special |
|
Confirmed |
|
258,500 |
|
1 |
|
Approve Merger Agreement with Holdco SA and Holdco II SA |
|
Management |
|
For |
|
For |
|
|
|
258,500 |
|
LATAM Airlines Group SA |
|
LAN |
|
CL0000000423 |
|
21-Dec-11 |
|
|
|
Special |
|
Confirmed |
|
258,500 |
|
2 |
|
Approve Merger Balance Sheets of LAN, Holdco SA and Holdco II SA as of Sep. 30, 2011, along with Report on Merger |
|
Management |
|
For |
|
For |
|
|
|
258,500 |
|
LATAM Airlines Group SA |
|
LAN |
|
CL0000000423 |
|
21-Dec-11 |
|
|
|
Special |
|
Confirmed |
|
258,500 |
|
3 |
|
Change Company Name to LATAM Airlines Group SA |
|
Management |
|
For |
|
For |
|
|
|
258,500 |
|
LATAM Airlines Group SA |
|
LAN |
|
CL0000000423 |
|
21-Dec-11 |
|
|
|
Special |
|
Confirmed |
|
258,500 |
|
4 |
|
Approve Bylaws of LATAM Airlines Group SA |
|
Management |
|
For |
|
Against |
|
The approval of bylaws of LATAM including any amendments to be resolved by the shareholders meeting given the lack of public disclosure of new bylaws and the fact that it also allows for amendments to be added in the meeting, disinfranchising us from making a conscious decision. |
|
258,500 |
|
LATAM Airlines Group SA |
|
LAN |
|
CL0000000423 |
|
21-Dec-11 |
|
|
|
Special |
|
Confirmed |
|
258,500 |
|
5 |
|
Grant Authorizations and Power of Attorney Needed to Carry Out and Implement Merger |
|
Management |
|
For |
|
For |
|
|
|
258,500 |
|
LATAM Airlines Group SA |
|
LAN |
|
CL0000000423 |
|
21-Dec-11 |
|
|
|
Special |
|
Confirmed |
|
258,500 |
|
6 |
|
Adopt All Necessary Agreements to Execute Approved Resolutions |
|
Management |
|
For |
|
For |
|
|
|
258,500 |
|
LATAM Airlines Group SA |
|
LAN |
|
CL0000000423 |
|
21-Dec-11 |
|
|
|
Special |
|
Confirmed |
|
258,500 |
|
7 |
|
Approve Increase in Capital Via Issuance of 4.80 Million Shares in Connection with Merger |
|
Management |
|
For |
|
Against |
|
The approval of capital increase and issuance of shares and the permission to use these shares for a stock option plan to be implemented for LATAM employees, there is no disclosure of information regarding this plan and the company won’t need to get shareholders approval once they determine these features and implement the plan. |
|
3,201,000 |
|
Parque Arauco S.A. |
|
PARAUCO |
|
CLP763281068 |
|
24-Apr-12 |
|
|
|
Annual |
|
Confirmed |
|
3,201,000 |
|
1 |
|
Accept Financial Statements and Statutory Reports for Fiscal Year 2011; Receive Auditor’s Report |
|
Management |
|
For |
|
For |
|
|
|
3,201,000 |
|
Parque Arauco S.A. |
|
PARAUCO |
|
CLP763281068 |
|
24-Apr-12 |
|
|
|
Annual |
|
Confirmed |
|
3,201,000 |
|
2 |
|
Approve Remuneration of Directors for Fiscal Year 2012 and Accept Expense Report of Board of Directors for Fiscal Year 2011 |
|
Management |
|
For |
|
Abstain |
|
The company has failed to disclose details about the remuneration. |
|
3,201,000 |
|
Parque Arauco S.A. |
|
PARAUCO |
|
CLP763281068 |
|
24-Apr-12 |
|
|
|
Annual |
|
Confirmed |
|
3,201,000 |
|
3 |
|
Accept Report Re: Directors’ Committee Activities and Expenses; Fix Their Remuneration and Budget |
|
Management |
|
For |
|
For |
|
|
|
3,201,000 |
|
Parque Arauco S.A. |
|
PARAUCO |
|
CLP763281068 |
|
24-Apr-12 |
|
|
|
Annual |
|
Confirmed |
|
3,201,000 |
|
4 |
|
Receive Special Auditors’ Report Regarding Related-Party Transactions |
|
Management |
|
|
|
|
|
|
|
3,201,000 |
|
Parque Arauco S.A. |
|
PARAUCO |
|
CLP763281068 |
|
24-Apr-12 |
|
|
|
Annual |
|
Confirmed |
|
3,201,000 |
|
5 |
|
Elect External Auditors |
|
Management |
|
For |
|
Abstain |
|
The company has failed to disclose the name of the auditors. |
|
3,201,000 |
|
Parque Arauco S.A. |
|
PARAUCO |
|
CLP763281068 |
|
24-Apr-12 |
|
|
|
Annual |
|
Confirmed |
|
3,201,000 |
|
6 |
|
Designate Risk Assessment Companies |
|
Management |
|
For |
|
Abstain |
|
The company has failed to disclose the name of the companies. |
|
3,201,000 |
|
Parque Arauco S.A. |
|
PARAUCO |
|
CLP763281068 |
|
24-Apr-12 |
|
|
|
Annual |
|
Confirmed |
|
3,201,000 |
|
7 |
|
Designate Newspaper to Publish Meeting Announcements |
|
Management |
|
For |
|
For |
|
|
|
3,201,000 |
|
Parque Arauco S.A. |
|
PARAUCO |
|
CLP763281068 |
|
24-Apr-12 |
|
|
|
Annual |
|
Confirmed |
|
3,201,000 |
|
8 |
|
Approve Allocation of Income and Dividend Policy |
|
Management |
|
For |
|
For |
|
|
|
3,201,000 |
|
Parque Arauco S.A. |
|
PARAUCO |
|
CLP763281068 |
|
24-Apr-12 |
|
|
|
Annual |
|
Confirmed |
|
3,201,000 |
|
9 |
|
Other Business (Voting) |
|
Management |
|
For |
|
Against |
|
Insufficient detail at time of voting. |
|
1,604,083 |
|
S.A.C.I. Falabella |
|
FALABELLA |
|
CLP3880F1085 |
|
24-Apr-12 |
|
|
|
Annual |
|
Confirmed |
|
1,604,083 |
|
1 |
|
Accept Financial Statements and Statutory Reports for Fiscal Year 2011 |
|
Management |
|
For |
|
For |
|
|
|
1,604,083 |
|
S.A.C.I. Falabella |
|
FALABELLA |
|
CLP3880F1085 |
|
24-Apr-12 |
|
|
|
Annual |
|
Confirmed |
|
1,604,083 |
|
2 |
|
Approve Allocation of Income for Fiscal Year 2011 |
|
Management |
|
For |
|
For |
|
|
|
1,604,083 |
|
S.A.C.I. Falabella |
|
FALABELLA |
|
CLP3880F1085 |
|
24-Apr-12 |
|
|
|
Annual |
|
Confirmed |
|
1,604,083 |
|
3 |
|
Approve Dividends Policy |
|
Management |
|
For |
|
For |
|
|
|
1,604,083 |
|
S.A.C.I. Falabella |
|
FALABELLA |
|
CLP3880F1085 |
|
24-Apr-12 |
|
|
|
Annual |
|
Confirmed |
|
1,604,083 |
|
4 |
|
Approve Remuneration of Directors |
|
Management |
|
For |
|
Abstain |
|
Chilean companies are not required to disclose the amounts ahead of the meeting. |
|
1,604,083 |
|
S.A.C.I. Falabella |
|
FALABELLA |
|
CLP3880F1085 |
|
24-Apr-12 |
|
|
|
Annual |
|
Confirmed |
|
1,604,083 |
|
5 |
|
Elect External Auditors and Risk Assessment Companies for Fiscal Year 2012 |
|
Management |
|
For |
|
For |
|
|
|
1,604,083 |
|
S.A.C.I. Falabella |
|
FALABELLA |
|
CLP3880F1085 |
|
24-Apr-12 |
|
|
|
Annual |
|
Confirmed |
|
1,604,083 |
|
6 |
|
Designate Newspaper to Publish Meeting Announcements |
|
Management |
|
For |
|
For |
|
|
|
1,604,083 |
|
S.A.C.I. Falabella |
|
FALABELLA |
|
CLP3880F1085 |
|
24-Apr-12 |
|
|
|
Annual |
|
Confirmed |
|
1,604,083 |
|
7 |
|
Receive Special Auditors’ Report Regarding Related-Party Transactions |
|
Management |
|
|
|
|
|
|
|
1,604,083 |
|
S.A.C.I. Falabella |
|
FALABELLA |
|
CLP3880F1085 |
|
24-Apr-12 |
|
|
|
Annual |
|
Confirmed |
|
1,604,083 |
|
8 |
|
Approve Remuneration and Budget of Directors’ Committee; Receive Directors Committee’s Report |
|
Management |
|
For |
|
Abstain |
|
Chilean companies are not required to disclose the amounts ahead of the meeting. |
|
1,604,083 |
|
S.A.C.I. Falabella |
|
FALABELLA |
|
CLP3880F1085 |
|
24-Apr-12 |
|
|
|
Annual |
|
Confirmed |
|
1,604,083 |
|
9 |
|
Other Business (Voting) |
|
Management |
|
For |
|
Against |
|
Insufficient information. |
|
119,650 |
|
Sociedad Quimica y Minera de Chile S.A. (SQM) |
|
SQM-B |
|
CLP8716X1082 |
|
26-Apr-12 |
|
3-Apr-12 |
|
Annual |
|
Confirmed |
|
119,650 |
|
1 |
|
Accept Annual Report, Financial Statements, Internal Statutory Auditors’ Report and External Auditor Reports, and Statutory Reports for Fiscal Year 2011 |
|
Management |
|
For |
|
For |
|
|
|
119,650 |
|
Sociedad Quimica y Minera de Chile S.A. (SQM) |
|
SQM-B |
|
CLP8716X1082 |
|
26-Apr-12 |
|
3-Apr-12 |
|
Annual |
|
Confirmed |
|
119,650 |
|
2 |
|
Elect External Auditors and Internal Statutory Auditors for Fiscal Year 2012 |
|
Management |
|
For |
|
For |
|
|
|
119,650 |
|
Sociedad Quimica y Minera de Chile S.A. (SQM) |
|
SQM-B |
|
CLP8716X1082 |
|
26-Apr-12 |
|
3-Apr-12 |
|
Annual |
|
Confirmed |
|
119,650 |
|
3 |
|
Receive Special Auditors’ Report Regarding Related-Party Transactions |
|
Management |
|
For |
|
For |
|
|
|
119,650 |
|
Sociedad Quimica y Minera de Chile S.A. (SQM) |
|
SQM-B |
|
CLP8716X1082 |
|
26-Apr-12 |
|
3-Apr-12 |
|
Annual |
|
Confirmed |
|
119,650 |
|
4 |
|
Approve Investment and Financing Policy |
|
Management |
|
For |
|
For |
|
|
|
119,650 |
|
Sociedad Quimica y Minera de Chile S.A. (SQM) |
|
SQM-B |
|
CLP8716X1082 |
|
26-Apr-12 |
|
3-Apr-12 |
|
Annual |
|
Confirmed |
|
119,650 |
|
5 |
|
Approve Allocation of Income for Fiscal Year 2011 and Dividends, and Dividend Policy |
|
Management |
|
For |
|
For |
|
|
|
119,650 |
|
Sociedad Quimica y Minera de Chile S.A. (SQM) |
|
SQM-B |
|
CLP8716X1082 |
|
26-Apr-12 |
|
3-Apr-12 |
|
Annual |
|
Confirmed |
|
119,650 |
|
6 |
|
Receive Board’s Expenses for Fiscal Year 2011 |
|
Management |
|
For |
|
For |
|
|
|
119,650 |
|
Sociedad Quimica y Minera de Chile S.A. (SQM) |
|
SQM-B |
|
CLP8716X1082 |
|
26-Apr-12 |
|
3-Apr-12 |
|
Annual |
|
Confirmed |
|
119,650 |
|
7 |
|
Approve Remuneration of Directors |
|
Management |
|
For |
|
For |
|
|
|
119,650 |
|
Sociedad Quimica y Minera de Chile S.A. (SQM) |
|
SQM-B |
|
CLP8716X1082 |
|
26-Apr-12 |
|
3-Apr-12 |
|
Annual |
|
Confirmed |
|
119,650 |
|
8 |
|
Receive Issues Related to Directors’ and Audit Committees |
|
Management |
|
For |
|
Against |
|
No disclosure was given ahead of the meeting so investors voting by proxy cannot assess the impact of the proposals. |
|
119,650 |
|
Sociedad Quimica y Minera de Chile S.A. (SQM) |
|
SQM-B |
|
CLP8716X1082 |
|
26-Apr-12 |
|
3-Apr-12 |
|
Annual |
|
Confirmed |
|
119,650 |
|
9 |
|
Other Business (Voting) |
|
Management |
|
For |
|
Against |
|
No disclosure was given ahead of the meeting so investors voting by proxy cannot assess the impact of the proposals. |
|
125,500 |
|
Sociedad Quimica y Minera de Chile S.A. (SQM) |
|
SQM-B |
|
CLP8716X1082 |
|
26-Apr-12 |
|
|
|
Annual |
|
Confirmed |
|
125,500 |
|
1 |
|
Accept Annual Report, Financial Statements, Internal Statutory Auditors’ Report and External Auditor Reports, and Statutory Reports for Fiscal Year 2011 |
|
Management |
|
For |
|
For |
|
|
|
125,500 |
|
Sociedad Quimica y Minera de Chile S.A. (SQM) |
|
SQM-B |
|
CLP8716X1082 |
|
26-Apr-12 |
|
|
|
Annual |
|
Confirmed |
|
125,500 |
|
2 |
|
Elect External Auditors and Internal Statutory Auditors for Fiscal Year 2012 |
|
Management |
|
For |
|
For |
|
|
|
125,500 |
|
Sociedad Quimica y Minera de Chile S.A. (SQM) |
|
SQM-B |
|
CLP8716X1082 |
|
26-Apr-12 |
|
|
|
Annual |
|
Confirmed |
|
125,500 |
|
3 |
|
Receive Special Auditors’ Report Regarding Related-Party Transactions |
|
Management |
|
|
|
|
|
|
|
125,500 |
|
Sociedad Quimica y Minera de Chile S.A. (SQM) |
|
SQM-B |
|
CLP8716X1082 |
|
26-Apr-12 |
|
|
|
Annual |
|
Confirmed |
|
125,500 |
|
4 |
|
Approve Investment and Financing Policy |
|
Management |
|
For |
|
For |
|
|
|
125,500 |
|
Sociedad Quimica y Minera de Chile S.A. (SQM) |
|
SQM-B |
|
CLP8716X1082 |
|
26-Apr-12 |
|
|
|
Annual |
|
Confirmed |
|
125,500 |
|
5 |
|
Approve Allocation of Income for Fiscal Year 2011 and Dividends, and Dividend Policy |
|
Management |
|
For |
|
For |
|
|
|
125,500 |
|
Sociedad Quimica y Minera de Chile S.A. (SQM) |
|
SQM-B |
|
CLP8716X1082 |
|
26-Apr-12 |
|
|
|
Annual |
|
Confirmed |
|
125,500 |
|
6 |
|
Receive Board’s Expenses for Fiscal Year 2011 |
|
Management |
|
For |
|
For |
|
|
|
125,500 |
|
Sociedad Quimica y Minera de Chile S.A. (SQM) |
|
SQM-B |
|
CLP8716X1082 |
|
26-Apr-12 |
|
|
|
Annual |
|
Confirmed |
|
125,500 |
|
7 |
|
Approve Remuneration of Directors |
|
Management |
|
For |
|
For |
|
|
|
125,500 |
|
Sociedad Quimica y Minera de Chile S.A. (SQM) |
|
SQM-B |
|
CLP8716X1082 |
|
26-Apr-12 |
|
|
|
Annual |
|
Confirmed |
|
125,500 |
|
8 |
|
Receive Issues Related to Directors’ and Audit Committees |
|
Management |
|
For |
|
Against |
|
No disclosure was given ahead of the meeting so investors voting by proxy cannot assess the impact of the proposals. |
|
125,500 |
|
Sociedad Quimica y Minera de Chile S.A. (SQM) |
|
SQM-B |
|
CLP8716X1082 |
|
26-Apr-12 |
|
|
|
Annual |
|
Confirmed |
|
125,500 |
|
9 |
|
Other Business (Voting) |
|
Management |
|
For |
|
Against |
|
No disclosure was given ahead of the meeting so investors voting by proxy cannot assess the impact of the proposals. |
|
2,258,000 |
|
SONDA S.A. |
|
SONDA |
|
CL0000001934 |
|
12-Apr-12 |
|
|
|
Annual |
|
Confirmed |
|
2,258,000 |
|
1 |
|
Accept Financial Statements and Statutory Reports for Fiscal Year 2011; Approve External Auditors’ Report |
|
Management |
|
For |
|
For |
|
|
|
2,258,000 |
|
SONDA S.A. |
|
SONDA |
|
CL0000001934 |
|
12-Apr-12 |
|
|
|
Annual |
|
Confirmed |
|
2,258,000 |
|
2 |
|
Approve Allocation of Income, Dividends and Future Dividend Policy for Fiscal Year 2011 |
|
Management |
|
For |
|
For |
|
|
|
2,258,000 |
|
SONDA S.A. |
|
SONDA |
|
CL0000001934 |
|
12-Apr-12 |
|
|
|
Annual |
|
Confirmed |
|
2,258,000 |
|
3 |
|
Approve Remuneration of Directors; Approve Remuneration and Budget of Directors’ Committee |
|
Management |
|
For |
|
Abstain |
|
No major concern regarding remuneration level, but proposed amounts were not disclosed ahead of the meeting. |
|
2,258,000 |
|
SONDA S.A. |
|
SONDA |
|
CL0000001934 |
|
12-Apr-12 |
|
|
|
Annual |
|
Confirmed |
|
2,258,000 |
|
4 |
|
Present Report of Directors’ Committee Activities and Expenses for Fiscal Year 2011 |
|
Management |
|
For |
|
For |
|
|
|
2,258,000 |
|
SONDA S.A. |
|
SONDA |
|
CL0000001934 |
|
12-Apr-12 |
|
|
|
Annual |
|
Confirmed |
|
2,258,000 |
|
5 |
|
Receive Special Auditors’ Report Regarding Related-Party Transactions |
|
Management |
|
|
|
|
|
|
|
2,258,000 |
|
SONDA S.A. |
|
SONDA |
|
CL0000001934 |
|
12-Apr-12 |
|
|
|
Annual |
|
Confirmed |
|
2,258,000 |
|
6 |
|
Elect External Auditors |
|
Management |
|
For |
|
For |
|
|
|
2,258,000 |
|
SONDA S.A. |
|
SONDA |
|
CL0000001934 |
|
12-Apr-12 |
|
|
|
Annual |
|
Confirmed |
|
2,258,000 |
|
7 |
|
Designate Newspaper to Publish Meeting Announcements |
|
Management |
|
For |
|
For |
|
|
|
2,258,000 |
|
SONDA S.A. |
|
SONDA |
|
CL0000001934 |
|
12-Apr-12 |
|
|
|
Annual |
|
Confirmed |
|
2,258,000 |
|
8 |
|
Other Business (Voting) |
|
Management |
|
For |
|
Against |
|
This is a standard item in the agenda of Chilean companies for matters that will be discussed during the meeting. Investors voting by proxy are not able to assess the impact of the decisions given the lack of disclosure ahead of the meeting. |
|
2,937,000 |
|
Vina Concha y Toro S.A. |
|
CONCHATORO |
|
CLP9796J1008 |
|
23-Apr-12 |
|
|
|
Annual |
|
Confirmed |
|
2,937,000 |
|
1 |
|
Accept Financial Statements and Statutory Reports for Fiscal Year 2011 |
|
Management |
|
For |
|
For |
|
|
|
2,937,000 |
|
Vina Concha y Toro S.A. |
|
CONCHATORO |
|
CLP9796J1008 |
|
23-Apr-12 |
|
|
|
Annual |
|
Confirmed |
|
2,937,000 |
|
2 |
|
Approve Allocation of Income and Dividends |
|
Management |
|
For |
|
For |
|
|
|
2,937,000 |
|
Vina Concha y Toro S.A. |
|
CONCHATORO |
|
CLP9796J1008 |
|
23-Apr-12 |
|
|
|
Annual |
|
Confirmed |
|
2,937,000 |
|
3 |
|
Elect External Auditors for Fiscal Year 2012 |
|
Management |
|
For |
|
For |
|
|
|
2,937,000 |
|
Vina Concha y Toro S.A. |
|
CONCHATORO |
|
CLP9796J1008 |
|
23-Apr-12 |
|
|
|
Annual |
|
Confirmed |
|
2,937,000 |
|
4 |
|
Approve Remuneration of Directors |
|
Management |
|
For |
|
For |
|
|
|
2,937,000 |
|
Vina Concha y Toro S.A. |
|
CONCHATORO |
|
CLP9796J1008 |
|
23-Apr-12 |
|
|
|
Annual |
|
Confirmed |
|
2,937,000 |
|
5 |
|
Approve Remuneration and Budget of Directors’ Committee for Fiscal Year 2012 |
|
Management |
|
For |
|
For |
|
|
|
2,937,000 |
|
Vina Concha y Toro S.A. |
|
CONCHATORO |
|
CLP9796J1008 |
|
23-Apr-12 |
|
|
|
Annual |
|
Confirmed |
|
2,937,000 |
|
6 |
|
Designate Newspaper to Publish Meeting Announcements |
|
Management |
|
For |
|
For |
|
|
|
2,937,000 |
|
Vina Concha y Toro S.A. |
|
CONCHATORO |
|
CLP9796J1008 |
|
23-Apr-12 |
|
|
|
Annual |
|
Confirmed |
|
2,937,000 |
|
7 |
|
Receive Special Auditors’ Report Regarding Related-Party Transactions |
|
Management |
|
|
|
|
|
|
|
2,937,000 |
|
Vina Concha y Toro S.A. |
|
CONCHATORO |
|
CLP9796J1008 |
|
23-Apr-12 |
|
|
|
Annual |
|
Confirmed |
|
2,937,000 |
|
8 |
|
Other Business (Voting) |
|
Management |
|
For |
|
Against |
|
This is an open item in the agenda for matters that may be raised during the meeting, which is common practice in Chile. Although the IR disclosed one of the discussions that will be proposed during the meeting which is non-contentious, the open nature of this item disenfranchises investors voting by proxy of exercising an informed vote. |
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 Chile Fund, Inc.
|
By (Signature and Title)* |
/s/ Christian Pittard |
|
|
|
Christian Pittard |
|
|
|
President |
|
Date: August 20, 2012