The Malaysia Fund, Inc. Announces Final Results of Tender Offer
December 05 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 377,214 of its
issued and outstanding shares of common stock, which expired on
November 28, 2011, the Fund has accepted 377,214 shares for payment
on December 5, 2011 at $10.61 per share, which is equal to 98
percent of the Fund’s net asset value per share as of the close of
regular trading on the New York Stock Exchange on November 29,
2011. Payment is expected to be made on or about December 6, 2011.
The 377,214 shares represent 5 percent of the Fund's outstanding
shares. A total of 2,042,722 shares were properly tendered and not
withdrawn by November 28, 2011, the final date for withdrawals.
Therefore, on a pro rated basis, approximately 17.95 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 approximately 630 investment
professionals around the world and approximately $268 billion in
assets under management or supervision as of September 30, 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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