The Thai Fund, Inc. Announces Additional Information Regarding Liquidation of the Fund
January 12 2018 - 4:30PM
Business Wire
The Thai Fund, Inc. (NYSE:TTF) (the “Fund”) announced today that
it will close its share register books at the close of business on
January 19, 2018 (the “Effective Date”) and that trading of the
Fund’s stock on the NYSE will be suspended before the market opens
on January 22, 2018. The proportionate interests of stockholders in
the assets of the Fund shall be fixed on the basis of their
respective holdings at the close of business on the Effective Date,
and the Fund expects to make a final liquidating distribution to
stockholders as of the Effective Date on or about January 26,
2018.
The Fund is a non-diversified, closed-end management investment
company that seeks long-term capital appreciation through
investment primarily in equity securities of companies organized
under the laws of the Kingdom of Thailand.
Morgan Stanley Investment Management, together with its
investment advisory affiliates, has more than 581 investment
professionals around the world and $447 billion in assets under
management or supervision as of September 30, 2017. Morgan Stanley
Investment Management 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. For further information about Morgan Stanley Investment
Management, please visit www.morganstanley.com/im.
About Morgan Stanley
Morgan Stanley (NYSE: MS) is a leading global financial services
firm providing investment banking, securities, wealth management
and investment management services. With offices in more than 42
countries, the Firm’s employees serve clients worldwide including
corporations, governments, institutions and individuals. For more
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.
Investing involves risk and it is possible to lose money on
any investment in the Fund.
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