Malaysia Fund Inc

Tender Price: 
$10.72
Ticker: 
MAY
Last Trade: 
$10.06
Potential Gain: 
6.56064%
Potential Gain Max: 
-100.00%
Tender amount: 
Up to 5% of outstanding shares
Expires: 
Nov 28 2011 - 23:59
Financing: 
cash on hand
Phase: 
Completed

Notes:

The Malaysia Fund, Inc. (the "Fund") is offering to purchase up to 5% of its outstanding Shares, or 377,214 of its outstanding Shares of Common Stock, for cash at a price per Share equal to 98% of the per Share net asset value ("NAV") as of the close of regular trading on the New York Stock Exchange ("NYSE") on November 15, 2011 (or, if the Offer is extended, on the following business day after the date to which the Offer is extended) (the "Pricing Date") upon specified terms and subject to conditions as set forth in the Offer documents.

Odd Lot Provision: "If more than 377,214 Shares are duly tendered pursuant to the Offer (and not withdrawn as provided in Section 4), unless the Fund determines not to purchase any Shares, the Fund will purchase Shares from tendering Stockholders, in accordance with the terms and conditions specified in the Offer, on a pro rata basis (disregarding fractions), in accordance with the number of Shares duly tendered by or on behalf of each Stockholder (and not so withdrawn); however, the Fund will accept all Shares tendered by any Stockholder who owns, beneficially or of record, an aggregate of not more than 99 Shares and who tenders all such Shares by means of the Letter of Transmittal tendered by or on behalf of that Stockholder."

Source of Fund: "The actual cost to the Fund cannot be determined at this time because the number of Shares to be purchased will depend on the number tendered, and the price will be based on the NAV per Share on the Pricing Date. If the NAV per Share on the Pricing Date were the same as the NAV per Share on September 30, 2011, and if Stockholders tender 5% of the Fund's outstanding Shares pursuant to the Offer, the estimated payments by the Fund to the Stockholders would be approximately $3,681,609. See the Pro Forma Capitalization table below.

The monies to be used by the Fund to purchase Shares pursuant to the Offer will be obtained from cash and from sales of securities in the Fund's investment portfolio. Although permitted to do so, the Fund does not expect to borrow money to finance the purchase of any tendered Shares."

Preliminary results: "Based upon current information, approximately 2,011,470 shares were tendered, including shares tendered pursuant to notices of guaranteed delivery. Based on this preliminary information, the pro-ration for each tendering stockholder is estimated to be 18.75 percent of the shares properly tendered. These numbers are subject to adjustment and should not be regarded as final. The actual number of shares to be purchased will be announced at a later date. Management of the Fund anticipates acceptance on December 5, 2011 of 377,214 shares properly tendered and that payment for such shares will be made on or about December 6, 2011. The purchase price of properly tendered shares is equal to 98 percent of the net asset value per share determined as of the close of the regular trading session of the New York Stock Exchange (NYSE) on November 29, 2011."

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