The Thai Fund, Inc. Announces Additional Information Regarding Liquidation of the Fund
Business Wire 12-Jan-2018 4:30 PM
NEW YORK--(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 Funds 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.
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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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The Thai Fund, Inc. 800.231.2608
Source: The Thai Fund, Inc.