Printer Friendly

MORGAN STANELY EMERGING MARKETS FUND, INC. ANNOUNCES THE RESULT OF ITS RIGHTS OFFERING

 NEW YORK, July 28 /PRNewswire/ -- Morgan Stanley Emerging Markets Fund, Inc. announced today the results of its rights offering of up to 3,700,000 shares of it common stock, par value 1 cent per share which commenced on June 7, 1993 and expired on June 23, 1993.
 Pursuant to the offering, the fund issued one transferable right for each share held on the record date. One share of common stock was permitted to be purchased from the fund for each three rights delivered on or prior to the expiration date of the rights offering. After giving effect to the over-subscription, the shares of common stock offered by the fund pursuant to the rights offering were fully subscribed. As a result, 3,700,000 shares of the fund's common stock were purchased and the fund received $55,199,375, net of underwriting discount and offering costs.
 For further information regarding the Fund and the result of its rights offering, please call contact listed below.
 -0- 7/28/93
 /CONTACT: Mark Kucera, Mutual Funds Service Company, 617-728-7377/


CO: Morgan Stanley Emerging Markets Fund, Inc. ST: New York IN: FIN SU: OFR

JL -- NE033 -- 7008 07/28/93 18:13 EDT
COPYRIGHT 1993 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1993 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Jul 28, 1993
Words:199
Previous Article:BIRD CORPORATION REPORTS LOWER EARNINGS ON HIGHER SALES; ANTICIPATES SECOND HALF IMPROVEMENT
Next Article:THE BANK OF SOUTHINGTON REPORTS SECOND QUARTER EARNINGS ARE UP AND ANNOUNCES A QUARTERLY CASH DIVIDEND
Topics:

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters