The Malaysia Fund, Inc. Announces Final Results of Tender Offer
June 16 2011 - 4:30PM
Business Wire
The Malaysia Fund, Inc. (NYSE: MAY) (the “Fund”) announced
today that, in accordance with its tender offer for up to 1,331,345
of its issued and outstanding shares of common stock, which expired
on June 9, 2011, the Fund has accepted 1,331,345 shares for payment
on June 17, 2011 at $12.33 per share, which is equal to 98.5
percent of the Fund’s net asset value per share as of the close of
regular trading on the New York Stock Exchange on June 10, 2011.
The 1,331,345 shares represent 15 percent of the Fund's outstanding
shares. A total of 5,690,160 shares were properly tendered and not
withdrawn by June 9, 2011, the final date for withdrawals.
Therefore, on a pro rated basis, approximately 22.72 percent of the
shares so tendered by each tendering stockholder have been accepted
for payment.
Morgan Stanley Investment Management, together with its
investment advisory affiliates, has more than 640 investment
professionals around the world and approximately $284 billion in
assets under management or supervision as of March 31, 2011.
MSIM strives to provide outstanding long-term investment
performance, service and a comprehensive suite of investment
management solutions to a diverse client base, which includes
governments, institutions, corporations and individuals
worldwide.
Morgan Stanley is a leading global financial services firm
providing a wide range of investment banking, securities,
investment management and wealth management services. The Firm’s
employees serve clients worldwide including corporations,
governments, institutions and individuals from more than 1,300
offices in 42 countries. For further information about Morgan
Stanley, please visit www.morganstanley.com.
This press release shall not constitute an offer to sell or
the solicitation of an offer to buy nor shall there be any sale of
the securities in any state in which such offer, solicitation or
sale would be unlawful under the securities laws of any such
state.
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