Printer Friendly

MORGAN STANLEY EMERGING MARKETS FUND, INC. ANNOUNCES PROPOSED RIGHTS OFFERING

 NEW YORK, April 20 /PRNewswire/ -- Morgan Stanley Emerging Markets Fund, Inc. (NYSE: MSF) 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. As indicated in the Registration Statement, the fund proposes issuing to the shareholders transferable rights entitling the holders to subscribe for an aggregate of approximately 3,700,000 shares of the Fund's common stock at the rate of one share of common stock for each three rights held. The Fund expects that the rights will be listed for trading on the New York Stock Exchange.
 The Fund anticipates that the rights will be issued to shareholders as of a record date expected to be in late May 1993.
 The Fund is a non-diversified, closed-end management investment company. The Fund's investment objective is long-term capital appreciation through investment primarily in emerging country equity securities. Morgan Stanley Asset Management Inc. is the Fund's investment manager.
 The shares of the Fund are listed on the New York Stock Exchange under the symbol "MSF."
 For further information regarding the Fund and its proposed rights offering, please contact Warren J. Olsen, president of the Fund, at 212-296-7100, c/o Morgan Stanley Asset Management, Inc., 1221 Avenue of the Americas, New York, New York 10020.
 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.
 -0- 4/20/93
 /CONTACT: Warren J. Olsen, president of Morgan Stanley Emerging Markets Fund Inc., c/o Morgan Stanley Asset Management, 212-296-7100/
 (MSF)


CO: Morgan Stanley Asset Management, Inc. ST: New York IN: FIN SU: OFR

TM -- NE020 -- 8240 04/20/93 15:38 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:Apr 20, 1993
Words:361
Previous Article:PIPER JAFFRAY COMPANIES ANNOUNCES STRATEGIC ALLIANCE WITH CANADIAN INVESTMENT FIRM
Next Article:PUBLIC SERVICE ENTERPRISE GROUP ANNOUNCES FIRST QUARTER, 1993 EARNINGS: 91 CENTS PER SHARE OF COMMON STOCK
Topics:


Related Articles
MORGAN STANLEY EMERGING MARKETS FUND, INC. DECLARES DATES FOR DISTRIBUTION
THE MALAYSIA FUND, INC. ANNOUNCES PROPOSED RIGHTS OFFERING
FIVE MORGAN STANLEY CLOSED-END FUNDS DECLARE 1993 YEAR END DISTRIBUTIONS
MORGAN STANLEY EMERGING MARKETS FUND, INC. ANNOUNCES PROPOSED OFFERING
MORGAN STANLEY EMERGING MARKETS FUND, INC. ANNOUNCES PROPOSED RIGHTS OFFERING
MORGAN STANLEY EMERGING MARKETS FUND, INC. ANNOUNCES COMMENCEMENT OF RIGHTS OFFERING
MORGAN STANLEY EMERGING MARKETS DEBT FUND, INC. ANNOUNCES PROPOSED RIGHTS OFFERING
MORGAN STANLEY EMERGING MARKETS FUND, INC. ANNOUNCES EXPIRATION OF RIGHTS OFFERING
MORGAN STANLEY EMERGING MARKETS DEBT FUND, INC. ANNOUNCES RECORD DATE IN CONNECTION WITH ITS PROPOSED RIGHTS OFFERING
MORGAN STANLEY EMERGING MARKETS DEBT FUND, INC. ANNOUNCES COMMENCEMENT OF RIGHTS OFFERING

Terms of use | Copyright © 2017 Farlex, Inc. | Feedback | For webmasters