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Morgan Stanley Asia-Pacific Fund, Inc. and The Malaysia Fund, Inc. Announce Results of Annual Meetings of Stockholders

^{Published on 2010-06-16 13:26:40 - Market Wire}
 

NEW YORK--([ BUSINESS WIRE ])--Morgan Stanley Asia-Pacific Fund, Inc. (NYSE: APF) and The Malaysia Fund, Inc. (NYSE: MAY), each a closed-end management investment company, held their Annual Meeting of Stockholders (the aMeetinga) on June 16, 2010, at the offices of Morgan Stanley Investment Management Inc., 522 Fifth Avenue, New York, New York 10036.

Frank L. Bowman, James F. Higgins and Manuel H. Johnson were elected as Class III directors of each Fund to serve for a term expiring on the date on which the Annual Meeting of Stockholders is held in the year 2013.

A non-binding stockholder proposal recommending that the Board of Directors of each Fund take the steps necessary to adopt an interval fund structure for each Fund received favorable votes from less than a majority of the outstanding shares of each Fund, and more than a majority of the shares represented at the Meeting for each Fund.

There were no other matters considered or voted upon at the Meeting.

APFa™s investment objective is long-term capital appreciation which it seeks to achieve by investing primarily in equity securities of Asian-Pacific issuers and in debt securities issued or guaranteed by Asian-Pacific governments or governmental entities. MAYa™s investment objective is long-term capital appreciation through investment in equity securities of Malaysian companies. Morgan Stanley Investment Management Inc. (aMSIMa) is the investment adviser for the Funds.

MSIM, together with its investment advisory affiliates, has nearly 1,000 investment professionals around the world and approximately $262 billion in assets under management or supervision as of March 31, 2010¹. By leveraging its global acommunity of boutiquesa™ structure and the strength of Morgan Stanley, MSIM strives to provide outstanding long-term investment performance, service and a comprehensive suite of investment management solutions to a diverse client base, which includes governments, institutions, corporations and individuals worldwide.

Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. The Firma™s employees serve clients worldwide including corporations, governments, institutions and individuals from more than 1,300 offices in 42 countries. For further information about Morgan Stanley, please visit [ www.morganstanley.com ].

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.

¹Amount excludes the Retail Asset Management business, including Van Kampen, which was sold to Invesco, Ltd on June 1, 2010.