Latest Morgan Stanley Asia Pacific Fund Inc (APF)
Post# of 2
Morgan Stanley Asia-Pacific Fund, Inc. Announces Commencement of Tender Offer
Business Wire - Thu Mar 06, 7:31AM CST
Morgan Stanley Asia-Pacific Fund, Inc. (NYSE:APF) (the "Fund") announced today the commencement of a tender offer by the Fund to acquire in exchange for cash up to 20 percent of the Fund's outstanding shares at a price equal to 98.5 percent of the Fund's net asset value per share as of the close of regular trading on the New York Stock Exchange on the business day immediately following the day the offer expires (the "Tender Offer"). If more than 20 percent of the Fund's outstanding shares are tendered, the Fund will purchase its shares from tendering stockholders on a pro rata basis at a price of 98.5 percent of the Fund's net asset value per share.
Morgan Stanley Asia-Pacific Fund declares tender offer for up to 20% of its outstanding shares
M2 - Fri Feb 28, 6:03AM CST
The board of directors of Morgan Stanley Asia-Pacific Fund Inc (NYSE:APF), a financial services firm, authorised a tender offer to acquire in exchange for cash up to 20% of its outstanding shares, it stated on Thursday.
Morgan Stanley Asia-Pacific Fund, Inc. Announces Tender Offer
Business Wire - Thu Feb 27, 3:36PM CST
Morgan Stanley Asia-Pacific Fund, Inc. (NYSE:APF) (the "Fund") announced today that its Board of Directors has approved a tender offer to acquire in exchange for cash up to 20 percent of the Fund's outstanding shares at a price equal to 98.5 percent of the Fund's net asset value per share as of the close of regular trading on the New York Stock Exchange ("NYSE") on the business day immediately following the day the offer expires (the "Tender Offer"). The Tender Offer will commence on or about March 6, 2014.
Morgan Stanley Asia-Pacific Fund, Inc. Announces Change of Investment Strategy, Benchmark and Portfolio Manager
Business Wire - Wed Jan 15, 7:29AM CST
Morgan Stanley Asia-Pacific Fund, Inc. (NYSE:APF) (the "Fund") announced today that the Board has approved changing the Fund's investment strategy such that the Fund will continue to seek long-term capital appreciation through Investments primarily in equity securities of Asian-Pacific issuers and in sovereign debt, but will no longer invest in equity securities of issuers located in Japan (the "New Investment Strategy"). The repositioning of the Fund's portfolio in connection with this change in the Fund's investment strategy could result in the realization of taxable capital gains. Also in connection with this change, the Board approved changing the Fund's benchmark from the MSCI All Country Asia Pacific Index to the MSCI All Country Asia Pacific ex Japan Index. Following the implementation of the New Investment Strategy, the portfolio management team will change as Arthur Pollock will no longer be involved in the management of the Fund and Munib Madni, Samuel Rhee and May Yu will continue to be responsible for the day-to-day portfolio management of the Fund.
Certain Morgan Stanley Closed-End Funds Declare Year-End Dividends
Business Wire - Tue Dec 10, 3:30PM CST
Each of the Morgan Stanley closed-end funds listed below (the "Funds") today declared the following dividends.
Morgan Stanley Asia-Pacific Fund declares acceptance of 929,904 shares at USD17.53 per share in tender offer
M2 - Tue Jun 18, 5:21AM CDT
A financial services firm, Morgan Stanley Asia-Pacific Fund Inc (NYSE:APF) stated on Monday that under its tender offer for up to 929,904 of its issued and outstanding shares of common stock that expired on 10 June 2013, it has accepted 929,904 shares for payment at USD17.53 per share, on 18 June 2013.
Morgan Stanley Asia-Pacific Fund, Inc. Announces Final Results of Tender Offer
Business Wire - Mon Jun 17, 3:30PM CDT
Morgan Stanley Asia-Pacific Fund, Inc. (NYSE: APF) (the "Fund") announced today that, in accordance with its tender offer for up to 929,904 of its issued and outstanding shares of common stock, which expired on June 10, 2013, the Fund has accepted 929,904 shares for payment on June 18, 2013 at $17.53 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 June 11, 2013. The 929,904 shares represent 5 percent of the Fund's outstanding shares. A total of 10,495,077 shares were properly tendered and not withdrawn by June 10, 2013, the final date for withdrawals. Therefore, on a pro rated basis, after making the odd-lot adjustment, approximately 6.16 percent of the shares so tendered by each tendering stockholder have been accepted for payment.
Morgan Stanley Asia-Pacific Fund, Inc. Announces Preliminary Results of Tender Offer
Business Wire - Tue Jun 11, 7:30AM CDT
Morgan Stanley Asia-Pacific Fund, Inc. (NYSE: APF) (the "Fund") announced today that the Fund's tender offer for 929,904 of its issued and outstanding shares of common stock, representing approximately 5 percent of the Fund's outstanding shares, expired at 11:59 p.m., New York time, on June 10, 2013.
Morgan Stanley Asia Pacific Fund Has Returned 20.2% Since SmarTrend Recommendation (APF)
Comtex SmarTrend(R) - Thu May 30, 11:10AM CDT
SmarTrend identified an Uptrend for Morgan Stanley Asia Pacific Fund (NYSE:APF) on September 14th, 2012 at $14.05. In approximately 9 months, Morgan Stanley Asia Pacific Fund has returned 20.21% as of today's recent price of $16.89.
Uptrend Call Working As Morgan Stanley Asia Pacific Fund Stock Rises 21.4% (APF)
Comtex SmarTrend(R) - Thu May 23, 10:54AM CDT
SmarTrend identified an Uptrend for Morgan Stanley Asia Pacific Fund (NYSE:APF) on September 14th, 2012 at $14.05. In approximately 8 months, Morgan Stanley Asia Pacific Fund has returned 21.42% as of today's recent price of $17.06.
Morgan Stanley Asia-Pacific Fund begins tender offer for up to 5% of its outstanding shares in exchange for cash
M2 - Tue May 14, 11:40AM CDT
Morgan Stanley Asia-Pacific Fund Inc (NYSE:APF) announced on Monday the start of a tender offer for up to 5% of its outstanding shares in return for cash.
Morgan Stanley Asia Pacific Fund Shares Up 20.1% Since SmarTrend's Buy Recommendation (APF)
Comtex SmarTrend(R) - Wed May 01, 5:07PM CDT
SmarTrend identified an Uptrend for Morgan Stanley Asia Pacific Fund (NYSE:APF) on September 14th, 2012 at $14.05. In approximately 8 months, Morgan Stanley Asia Pacific Fund has returned 20.14% as of today's recent price of $16.88.
Morgan Stanley Asia Pacific Fund Up 18.7% Since SmarTrend Uptrend Call (APF)
Comtex SmarTrend(R) - Wed Apr 24, 11:10AM CDT
SmarTrend identified an Uptrend for Morgan Stanley Asia Pacific Fund (NYSE:APF) on September 14th, 2012 at $14.05. In approximately 7 months, Morgan Stanley Asia Pacific Fund has returned 18.72% as of today's recent price of $16.68.
18.0% Return Seen to Date on SmarTrend Morgan Stanley Asia Pacific Fund Call (APF)
Comtex SmarTrend(R) - Wed Apr 17, 10:04AM CDT
SmarTrend identified an Uptrend for Morgan Stanley Asia Pacific Fund (NYSE:APF) on September 14th, 2012 at $14.05. In approximately 7 months, Morgan Stanley Asia Pacific Fund has returned 18.01% as of today's recent price of $16.58.
Morgan Stanley Asia-Pacific Fund, Inc. Announces Results of Measurement Period Under Discount Management Program
Business Wire - Mon Apr 08, 3:30PM CDT
Morgan Stanley Asia-Pacific Fund, Inc. (NYSE: APF) (the "Fund") announced the results of its measurement period under its previously announced discount management program (the "Program"). Pursuant to the Program, which commenced in July 2011 for a two-year period, the Fund's Board of Directors approved up to four consecutive semi-annual tender offers, each to purchase up to 5 percent of the Fund's outstanding shares of common stock for cash at a price equal to 98 percent of its net asset value ("NAV") per share if the Fund's shares trade at an average discount of at least 10 percent over a 12-week period. For the 12-week measurement period ended March 28, 2013, shares of the Fund traded at an average daily discount to NAV of 10.85 percent. The Fund will therefore conduct a tender offer in accordance with the terms of the Program.