The Thai Fund, Inc. Announces Rights Offering
18 March 2006 - 8:47AM
Business Wire
The Thai Fund, Inc. (NYSE: TTF) (the "Fund") announced today the
filing of a Registration Statement with the Securities and Exchange
Commission regarding a proposed rights offering to holders of the
Fund's common stock. The Fund is a closed-end management investment
company seeking to achieve long-term capital appreciation through
investment primarily in equity securities of companies organized
under the laws of the Kingdom of Thailand. For stockholders seeking
more information, please call (888) 378-1568. The Fund's investment
adviser is Morgan Stanley Investment Management Inc. (MSIM), a
wholly-owned subsidiary of Morgan Stanley. MSIM, with over 400
investment professionals around the world, has more than $431
billion in assets under management or supervision as of November
30, 2005. MSIM offers investment management services to a diverse
client base, which includes governments, institutions, corporations
and individuals. Morgan Stanley (NYSE: MS) is a global financial
services firm and a market leader in securities, investment
management and credit services. With more than 600 offices in 28
countries, Morgan Stanley connects people, ideas and capital to
help clients achieve their financial aspirations. A Registration
Statement relating to the securities has been filed with the
Securities and Exchange Commission but has not yet become
effective. These securities may not be sold nor may offers to buy
be accepted prior to the time the Registration Statement becomes
effective. 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 prior to registration or qualification under
the securities laws of any such State. Please read the prospectus,
which contains this and other information about the Fund, and
consider the investment objective, risks, charges and expenses of
the Fund carefully before investing. For a copy of the Fund's
preliminary prospectus, please contact the Fund's Information
Agent, Georgeson Shareholder Communications, Inc. toll free at
(800) 509-4953 or for banks and brokers call (212) 440-9800.
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