-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, DEmcctpCkS8RgZjwCfUk9Ux1+TD/OiqrRJ9bZoCEzyKpDZdltclvqB9eA04eOB38 lqMtXBPMkvf+2COgMwRdXw== 0001104659-07-044032.txt : 20070530 0001104659-07-044032.hdr.sgml : 20070530 20070530153239 ACCESSION NUMBER: 0001104659-07-044032 CONFORMED SUBMISSION TYPE: N-Q PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20070331 FILED AS OF DATE: 20070530 DATE AS OF CHANGE: 20070530 EFFECTIVENESS DATE: 20070530 FILER: COMPANY DATA: COMPANY CONFORMED NAME: MORGAN STANLEY ASIA PACIFIC FUND INC CENTRAL INDEX KEY: 0000919808 IRS NUMBER: 000000000 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: N-Q SEC ACT: 1940 Act SEC FILE NUMBER: 811-08388 FILM NUMBER: 07887341 BUSINESS ADDRESS: STREET 1: 1221 AVENUE OF THE AMERICAS CITY: NEW YORK STATE: NY ZIP: 10020 BUSINESS PHONE: 6175578742 MAIL ADDRESS: STREET 1: MORGAN STANLEY ASIA PACIFIC FUND STREET 2: 1221 AVENUE OF THE AMERICAS CITY: NEW YORK STATE: NY ZIP: 10020 FORMER COMPANY: FORMER CONFORMED NAME: MORGAN STANLEY DEAN WITTER ASIA PACIFIC FUND INC DATE OF NAME CHANGE: 20000504 FORMER COMPANY: FORMER CONFORMED NAME: MORGAN STANLEY ASIA PACIFIC FUND INC DATE OF NAME CHANGE: 19940505 FORMER COMPANY: FORMER CONFORMED NAME: MORGAN STANLEY ASIA INVESTMENT FUND INC DATE OF NAME CHANGE: 19940316 N-Q 1 a07-15322_4nq.htm N-Q

[Annotated Form N-Q]

 

 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

 

 

 

 

 

 

 

FORM N-Q

 

 

QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED

MANAGEMENT INVESTMENT COMPANY

 

Investment Company Act file number

811-08388

 

MORGAN STANLEY ASIA-PACIFIC FUND, INC.

(Exact name of registrant as specified in charter)

1221 AVENUE OF THE AMERICAS 5th FLOOR NEW YORK, NY

10020

(Address of principal executive offices)

(Zip code)

RONALD E. ROBISON
1221 AVENUE OF THE AMERICAS 5th FLOOR NEW YORK, NY, 10020

(Name and address of agent for service)

 

 

 

Registrant’s telephone number, including area code:

1-800-221-6726

 

 

Date of fiscal year end:

12/31

 

 

Date of reporting period:

3/31/07

 

 


 

Item 1.  Schedule of Investments.

 

The Fund’s schedule of investment as of the close of the reporting period prepared pursuant to Rule 12-12 Regulation S-X is as follows:

 


 

Morgan Stanley Asia-Pacific Fund, Inc.

First Quarter Report

March 31, 2007 (unaudited)

 

Portfolio of Investments

 

 

 

 

 

 

Value

 

 

 

 

 

Shares

 

(000)

 

COMMON STOCKS (97.2%)

 

 

 

 

 

 

 

(Unless Otherwise Noted)

 

 

 

 

 

 

 

Australia (11.5%)

 

 

 

 

 

 

 

Beverages

 

 

 

 

 

 

 

Foster’s Group Ltd.

 

 

 

1,035,350

 

$

5,738

 

McGuigan Simeon Wines Ltd.

 

(a)

 

560,600

 

1,329

 

 

 

 

 

 

 

7,067

 

Capital Markets

 

 

 

 

 

 

 

Macquarie Bank Ltd.

 

 

 

52,550

 

3,518

 

Commercial Banks

 

 

 

 

 

 

 

Australia & New Zealand Banking Group Ltd.

 

 

 

179,909

 

4,323

 

Commonwealth Bank of Australia

 

 

 

39,650

 

1,613

 

National Australia Bank Ltd.

 

 

 

211,650

 

6,918

 

Westpac Banking Corp.

 

 

 

250,450

 

5,340

 

 

 

 

 

 

 

18,194

 

Diversified Financial Services

 

 

 

 

 

 

 

Suncorp Metway Ltd.

 

 

 

220,753

 

3,715

 

Food & Staples Retailing

 

 

 

 

 

 

 

Metcash Ltd.

 

 

 

650,700

 

2,596

 

Hotels, Restaurants & Leisure

 

 

 

 

 

 

 

Tattersall’s Ltd.

 

 

 

1,165,600

 

4,857

 

Industrial Conglomerates

 

 

 

 

 

 

 

Wesfarmers Ltd.

 

 

 

195,500

 

5,971

 

Insurance

 

 

 

 

 

 

 

QBE Insurance Group Ltd.

 

 

 

153,300

 

3,912

 

Metals & Mining

 

 

 

 

 

 

 

BHP Billiton Ltd.

 

 

 

752,727

 

18,204

 

Rio Tinto Ltd.

 

 

 

136,350

 

8,694

 

 

 

 

 

 

 

26,898

 

Multiline Retail

 

 

 

 

 

 

 

Harvey Norman Holdings Ltd.

 

 

 

918,100

 

3,506

 

Oil, Gas & Consumable Fuels

 

 

 

 

 

 

 

Caltex Australia Ltd.

 

 

 

187,050

 

3,611

 

Textiles, Apparel & Luxury Goods

 

 

 

 

 

 

 

Billabong International Ltd.

 

 

 

315,750

 

4,267

 

 

 

 

 

 

 

88,112

 

China (9.0%)

 

 

 

 

 

 

 

Airlines

 

 

 

 

 

 

 

Air China Ltd., ‘H’

 

 

 

3,626,000

 

2,511

 

Automobiles

 

 

 

 

 

 

 

Dongfeng Motor Group Co Ltd.

 

(a)

 

3,844,000

 

2,096

 

Commercial Banks

 

 

 

 

 

 

 

Bank of China Ltd.

 

(a)

 

3,857,000

 

1,920

 

China Construction Bank, ‘H’

 

 

 

20,627,000

 

11,801

 

Hang Seng Bank, Ltd.

 

 

 

204,900

 

2,911

 

 

 

 

 

 

 

16,632

 

Construction & Engineering

 

 

 

 

 

 

 

China Communications Construction Co., Ltd.

 

(a)

 

1,703,000

 

2,053

 

Diversified Telecommunication Services

 

 

 

 

 

 

 

China Netcom Group Corp. Hong Kong Ltd.

 

 

 

1,187,000

 

3,099

 

Electrical Equipment

 

 

 

 

 

 

 

Harbin Power Equipment

 

 

 

1,667,000

 

1,877

 

 


 

Health Care Equipment & Supplies

 

 

 

 

 

 

 

Moulin Global Eyecare Holdings Ltd.

 

(a)(b)(e)

 

1,616,000

 

@—

 

Independent Power Producers & Energy Traders

 

 

 

 

 

 

 

China Resources Power Holdings Co.

 

 

 

1,400,000

 

2,147

 

Huaneng Power International, Inc., ‘H’

 

 

 

3,684,000

 

3,206

 

 

 

 

 

 

 

5,353

 

Insurance

 

 

 

 

 

 

 

China Life Insurance Co., Ltd., ‘H’

 

 

 

709,000

 

2,037

 

PICC Property & Casualty Co., Ltd., ‘H’

 

(a)

 

5,250,000

 

3,010

 

Ping An Insurance Group Co. of China Ltd., ‘H’

 

 

 

926,000

 

4,539

 

 

 

 

 

 

 

9,586

 

Marine

 

 

 

 

 

 

 

Cosco Holdings

 

 

 

4,067,000

 

3,992

 

Metals & Mining

 

 

 

 

 

 

 

Maanshan Iron & Steel

 

 

 

3,679,000

 

2,415

 

Oil, Gas & Consumable Fuels

 

 

 

 

 

 

 

China Coal Energy Co.

 

(a)

 

3,432,000

 

3,668

 

PetroChina Co., Ltd., ‘H’

 

 

 

2,780,000

 

3,298

 

 

 

 

 

 

 

6,966

 

Real Estate

 

 

 

 

 

 

 

Wharf Holdings Ltd.

 

 

 

650,500

 

2,414

 

Road & Rail

 

 

 

 

 

 

 

MTR Corp., Ltd.

 

 

 

825,500

 

2,067

 

Specialty Retail

 

 

 

 

 

 

 

GOME Electrical Appliances Holdings Ltd.

 

 

 

2,548,000

 

2,834

 

Wireless Telecommunication Services

 

 

 

 

 

 

 

China Mobile Hong Kong Ltd.

 

 

 

606,000

 

5,510

 

 

 

 

 

 

 

69,405

 

Hong Kong (4.4%)

 

 

 

 

 

 

 

Commercial Banks

 

 

 

 

 

 

 

Dah Sing Financial Holdings Ltd.

 

 

 

53,600

 

468

 

Industrial & Commercial Bank of China Ltd.

 

(a)

 

7,510,000

 

4,210

 

 

 

 

 

 

 

4,678

 

Household Durables

 

 

 

 

 

 

 

Samson Holding Ltd.

 

 

 

3,760,000

 

2,156

 

Techtronic Industries Co.

 

 

 

1,977,000

 

2,383

 

 

 

 

 

 

 

4,539

 

Industrial Conglomerates

 

 

 

 

 

 

 

Hutchison Whampoa Ltd.

 

 

 

206,000

 

1,981

 

Real Estate

 

 

 

 

 

 

 

Cheung Kong Holdings Ltd.

 

 

 

192,000

 

2,430

 

Great Eagle Holdings Ltd.

 

 

 

516,000

 

1,750

 

HongKong Land Holdings Ltd.

 

 

 

420,000

 

1,957

 

Hysan Development Co., Ltd.

 

 

 

477,000

 

1,297

 

New World Development Ltd.

 

 

 

2,201,800

 

4,994

 

Swire Pacific Ltd., ‘A’

 

 

 

147,000

 

1,650

 

 

 

 

 

 

 

14,078

 

Specialty Retail

 

 

 

 

 

 

 

Esprit Holdings Ltd.

 

 

 

681,500

 

7,994

 

Transportation Infrastructure

 

 

 

 

 

 

 

COSCO Pacific Ltd.

 

 

 

90,000

 

223

 

 

 

 

 

 

 

33,493

 

India (1.5%)

 

 

 

 

 

 

 

Commercial Banks

 

 

 

 

 

 

 

Punjab National Bank Ltd.

 

(b)

 

241,000

 

3,146

 

Electrical Equipment

 

 

 

 

 

 

 

ABB Ltd.

 

 

 

36,000

 

2,940

 

Bharat Heavy Electricals Ltd.

 

 

 

103,237

 

5,371

 

 

 

 

 

 

 

8,311

 

 

 

 

 

 

 

11,457

 

 


 

Indonesia (2.8%)

 

 

 

 

 

 

 

Automobiles

 

 

 

 

 

 

 

Astra International Tbk PT

 

 

 

1,765,500

 

2,554

 

Commercial Banks

 

 

 

 

 

 

 

Bank Central Asia Tbk PT

 

 

 

2,672,000

 

1,493

 

Bank Mandiri Persero Tbk PT

 

 

 

1,580,000

 

433

 

Bank Rakyat Indonesia PT

 

 

 

4,027,000

 

2,229

 

 

 

 

 

 

 

4,155

 

Construction Materials

 

 

 

 

 

 

 

Indocement Tunggal Prakarsa Tbk PT

 

 

 

1,819,500

 

1,017

 

Diversified Telecommunication Services

 

 

 

 

 

 

 

Telekomunikasi Indonesia Tbk PT

 

 

 

4,981,500

 

5,377

 

Food Products

 

 

 

 

 

 

 

Astra Agro Lestari Tbk PT

 

 

 

1,194,500

 

1,649

 

Indofood Sukses Makmur Tbk PT

 

 

 

6,571,000

 

1,094

 

Perusahaan Perkebunan London Sumatra Indonesia Tbk

 

 

 

1,571,000

 

1,068

 

 

 

 

 

 

 

3,811

 

Machinery

 

 

 

 

 

 

 

United Tractors Tbk PT

 

 

 

2,631,500

 

2,134

 

Metals & Mining

 

 

 

 

 

 

 

International Nickel Indonesia Tbk PT

 

 

 

100,500

 

599

 

Multiline Retail

 

 

 

 

 

 

 

Mitra Adiperkasa Tbk PT

 

 

 

5,554,800

 

469

 

Real Estate

 

 

 

 

 

 

 

Kawasan Industries Jababeka Tbk PT

 

 

 

63,752,000

 

1,537

 

 

 

 

 

 

 

21,653

 

Japan (48.2%)

 

 

 

 

 

 

 

Auto Components

 

 

 

 

 

 

 

Toyoda Gosei Co., Ltd.

 

 

 

50,100

 

1,184

 

Automobiles

 

 

 

 

 

 

 

Nissan Motor Co., Ltd.

 

 

 

937,500

 

10,048

 

Suzuki Motor Corp.

 

 

 

276,600

 

7,183

 

Toyota Motor Corp.

 

 

 

216,600

 

13,877

 

Yamaha Motor Co., Ltd.

 

 

 

226,300

 

6,337

 

 

 

 

 

 

 

37,445

 

Building Products

 

 

 

 

 

 

 

Daikin Industries Ltd.

 

 

 

210,800

 

7,334

 

Nippon Sheet Glass Co., Ltd.

 

 

 

520,000

 

2,727

 

Sanwa Shutter Corp.

 

 

 

489,000

 

3,046

 

 

 

 

 

 

 

13,107

 

Chemicals

 

 

 

 

 

 

 

Daicel Chemical Industries Ltd.

 

 

 

667,000

 

4,556

 

Denki Kagaku Kogyo KK

 

 

 

1,148,000

 

5,378

 

Kaneka Corp.

 

 

 

530,000

 

5,055

 

Lintec Corp.

 

 

 

166,600

 

3,287

 

Mitsubishi Chemical Holdings Corp.

 

 

 

742,000

 

6,316

 

Nifco, Inc.

 

 

 

163,000

 

4,219

 

Shin-Etsu Polymer Co., Ltd.

 

 

 

261,900

 

3,198

 

Teijin Ltd.

 

 

 

870,000

 

4,910

 

Toyo Ink Manufacturing Co., Ltd.

 

 

 

387,000

 

1,445

 

 

 

 

 

 

 

38,364

 

Commercial Services & Supplies

 

 

 

 

 

 

 

Dai Nippon Printing Co., Ltd.

 

 

 

316,000

 

4,972

 

Nissha Printing Co., Ltd.

 

 

 

42,300

 

1,120

 

 

 

 

 

 

 

6,092

 

Computers & Peripherals

 

 

 

 

 

 

 

Fujitsu Ltd.

 

 

 

1,039,000

 

6,921

 

Mitsumi Electric Co., Ltd.

 

 

 

246,600

 

8,162

 

NEC Corp.

 

 

 

1,262,000

 

6,768

 

 


 

Toshiba Corp.

 

 

 

1,325,000

 

8,849

 

 

 

 

 

 

 

30,700

 

Construction & Engineering

 

 

 

 

 

 

 

Kyudenko Corp.

 

 

 

249,000

 

1,570

 

Maeda Road Construction Co., Ltd.

 

 

 

194,000

 

1,531

 

Obayashi Corp.

 

 

 

653,000

 

4,212

 

Sanki Engineering Co., Ltd.

 

 

 

95,000

 

610

 

 

 

 

 

 

 

7,923

 

Consumer Finance

 

 

 

 

 

 

 

Hitachi Capital Corp.

 

 

 

210,600

 

4,209

 

Diversified Telecommunication Services

 

 

 

 

 

 

 

Nippon Telegraph & Telephone Corp.

 

 

 

910

 

4,811

 

Electric Utilities

 

 

 

 

 

 

 

Tokyo Electric Power Co., Inc.

 

 

 

80,000

 

2,736

 

Electrical Equipment

 

 

 

 

 

 

 

Furukawa Electric Co., Ltd.

 

 

 

906,000

 

5,536

 

Electronic Equipment & Instruments

 

 

 

 

 

 

 

Hitachi Ltd.

 

 

 

1,114,000

 

8,641

 

Kyocera Corp.

 

 

 

81,600

 

7,693

 

Ryosan Co., Ltd.

 

 

 

112,000

 

2,880

 

TDK Corp.

 

 

 

80,900

 

7,016

 

 

 

 

 

 

 

26,230

 

Food & Staples Retailing

 

 

 

 

 

 

 

FamilyMart Co., Ltd.

 

 

 

159,300

 

4,434

 

Food Products

 

 

 

 

 

 

 

House Foods Corp.

 

 

 

128,800

 

2,197

 

Nippon Meat Packers, Inc.

 

 

 

301,000

 

3,681

 

 

 

 

 

 

 

5,878

 

Household Durables

 

 

 

 

 

 

 

Casio Computer Co., Ltd.

 

 

 

304,500

 

6,667

 

Matsushita Electric Industrial Co., Ltd.

 

 

 

501,000

 

10,097

 

Rinnai Corp.

 

 

 

80,400

 

2,142

 

Sekisui Chemical Co., Ltd.

 

 

 

618,000

 

4,925

 

Sekisui House Ltd.

 

 

 

360,000

 

5,603

 

Sony Corp.

 

 

 

134,000

 

6,811

 

 

 

 

 

 

 

36,245

 

Leisure Equipment & Products

 

 

 

 

 

 

 

Fuji Photo Film Co., Ltd.

 

 

 

176,300

 

7,211

 

Yamaha Corp.

 

 

 

247,600

 

5,526

 

 

 

 

 

 

 

12,737

 

Machinery

 

 

 

 

 

 

 

Amada Co., Ltd.

 

 

 

473,000

 

5,407

 

Daifuku Co., Ltd.

 

 

 

314,000

 

4,551

 

Fuji Machine Manufacturing Co., Ltd.

 

 

 

143,900

 

2,336

 

Fujitec Co., Ltd.

 

 

 

212,000

 

1,454

 

Kurita Water Industries Ltd.

 

 

 

244,500

 

5,913

 

Minebea Co., Ltd.

 

 

 

633,000

 

3,921

 

Mitsubishi Heavy Industries Ltd.

 

 

 

1,573,000

 

10,172

 

Tsubakimoto Chain Co.

 

 

 

648,000

 

4,075

 

 

 

 

 

 

 

37,829

 

Media

 

 

 

 

 

 

 

Toho Co., Ltd.

 

 

 

92,600

 

1,807

 

Metals & Mining

 

 

 

 

 

 

 

Mitsui Mining & Smelting Co.

 

 

 

723,000

 

3,970

 

Nippon Steel Corp.

 

 

 

422,000

 

2,965

 

 

 

 

 

 

 

6,935

 

Office Electronics

 

 

 

 

 

 

 

Canon, Inc.

 

 

 

229,600

 

12,333

 

Ricoh Co., Ltd.

 

 

 

429,000

 

9,666

 

 

 

 

 

 

 

21,999

 

 


 

Pharmaceuticals

 

 

 

 

 

 

 

Astellas Pharmaceutical, Inc.

 

 

 

162,400

 

7,001

 

Daiichi Sankyo Co., Ltd.

 

 

 

248,000

 

7,597

 

Ono Pharmaceutical Co., Ltd.

 

 

 

107,300

 

6,010

 

 

 

 

 

 

 

20,608

 

Road & Rail

 

 

 

 

 

 

 

East Japan Railway Co.

 

 

 

654

 

5,095

 

Semiconductors & Semiconductor Equipment

 

 

 

 

 

 

 

Rohm Co., Ltd.

 

 

 

56,500

 

5,125

 

Software

 

 

 

 

 

 

 

Nintendo Co., Ltd.

 

 

 

51,700

 

15,027

 

Textiles, Apparel & Luxury Goods

 

 

 

 

 

 

 

Nisshinbo Industries, Inc.

 

 

 

244,000

 

3,058

 

Trading Companies & Distributors

 

 

 

 

 

 

 

Hitachi High-Technologies Corp.

 

 

 

89,900

 

2,457

 

Mitsubishi Corp.

 

 

 

417,900

 

9,699

 

Nagase & Co., Ltd.

 

 

 

208,000

 

2,621

 

 

 

 

 

 

 

14,777

 

 

 

 

 

 

 

369,891

 

Malaysia (0.8%)

 

 

 

 

 

 

 

Commercial Banks

 

 

 

 

 

 

 

Public Bank Bhd

 

 

 

268,600

 

699

 

Construction & Engineering

 

 

 

 

 

 

 

IJM Corp., Bhd

 

 

 

531,250

 

1,329

 

Food Products

 

 

 

 

 

 

 

Kuala Lumpur Kepong Bhd

 

 

 

412,500

 

1,432

 

PPB Oil Palms Bhd

 

 

 

403,000

 

1,515

 

 

 

 

 

 

 

2,947

 

Multi-Utilities

 

 

 

 

 

 

 

YTL Corp., Bhd

 

 

 

666,000

 

1,320

 

 

 

 

 

 

 

6,295

 

Pakistan (0.4%)

 

 

 

 

 

 

 

Oil, Gas & Consumable Fuels

 

 

 

 

 

 

 

Oil & Gas Development Co., Ltd.

 

 

 

1,377,230

 

2,694

 

Philippines (0.9%)

 

 

 

 

 

 

 

Diversified Financial Services

 

 

 

 

 

 

 

Ayala Corp.

 

 

 

218,450

 

2,535

 

Wireless Telecommunication Services

 

 

 

 

 

 

 

Philippine Long Distance Telephone Co.

 

 

 

81,570

 

4,269

 

 

 

 

 

 

 

6,804

 

Singapore (6.0%)

 

 

 

 

 

 

 

Commercial Banks

 

 

 

 

 

 

 

DBS Group Holdings Ltd.

 

 

 

300,000

 

4,232

 

Oversea-Chinese Banking Corp.

 

 

 

644,400

 

3,823

 

United Overseas Bank Ltd.

 

 

 

460,000

 

6,367

 

 

 

 

 

 

 

14,422

 

Commercial Services & Supplies

 

 

 

 

 

 

 

Indofood Agri Resources Ltd.

 

(a)

 

399,000

 

308

 

Computers & Peripherals

 

 

 

 

 

 

 

Unisteel Technology Ltd.

 

 

 

1,524,500

 

2,954

 

Industrial Conglomerates

 

 

 

 

 

 

 

SembCorp Industries Ltd.

 

 

 

474,000

 

1,593

 

Real Estate

 

 

 

 

 

 

 

CapitaLand Ltd.

 

 

 

1,329,000

 

7,008

 

CDL Hospitality Trusts REIT

 

 

 

3,168,700

 

4,157

 

City Developments Ltd.

 

 

 

419,000

 

4,032

 

Suntec REIT

 

 

 

2,803,000

 

3,658

 

United Industrial Corp., Ltd.

 

 

 

4,030,000

 

7,703

 

 

 

 

 

 

 

26,558

 

 

 

 

 

 

 

45,835

 

 


 

South Korea (6.5%)

 

 

 

 

 

 

 

Building Products

 

 

 

 

 

 

 

EnE System, Inc.

 

(a)

 

274,690

 

2,575

 

Chemicals

 

 

 

 

 

 

 

Honam Petrochemical Corp.

 

 

 

6,077

 

526

 

SSCP Co., Ltd.

 

(a)

 

36,470

 

1,045

 

LG Petrochemical Co., Ltd.

 

 

 

31,048

 

916

 

 

 

 

 

 

 

2,487

 

Commercial Banks

 

 

 

 

 

 

 

Kookmin Bank

 

 

 

58,630

 

5,260

 

Shinhan Financial Group Co., Ltd.

 

 

 

77,520

 

4,449

 

 

 

 

 

 

 

9,709

 

Construction & Engineering

 

 

 

 

 

 

 

GS Engineering & Construction Corp.

 

 

 

23,160

 

2,073

 

Hyundai Engineering & Construction Co., Ltd.

 

(a)

 

28,110

 

1,515

 

Samsung Engineering Co., Ltd.

 

 

 

23,000

 

1,432

 

 

 

 

 

 

 

5,020

 

Food & Staples Retailing

 

 

 

 

 

 

 

Shinsegae Co., Ltd.

 

 

 

3,676

 

2,110

 

Household Durables

 

 

 

 

 

 

 

Woongjin Coway Co., Ltd.

 

 

 

95,650

 

2,684

 

Industrial Conglomerates

 

 

 

 

 

 

 

LG Corp.

 

 

 

63,250

 

2,141

 

Orion Corp.

 

 

 

1,408

 

349

 

 

 

 

 

 

 

2,490

 

Insurance

 

 

 

 

 

 

 

Samsung Fire & Marine Insurance Co., Ltd.

 

(a)

 

15,240

 

2,551

 

Internet Software & Services

 

 

 

 

 

 

 

CDNetworks Co., Ltd.

 

(a)

 

16,990

 

483

 

NHN Corp.

 

(a)

 

20,910

 

3,067

 

 

 

 

 

 

 

3,550

 

Machinery

 

 

 

 

 

 

 

Doosan Infracore Co., Ltd.

 

 

 

84,260

 

2,150

 

Hyundai Heavy Industries

 

 

 

12,122

 

2,422

 

Hyundai Mipo Dockyard

 

 

 

12,696

 

2,341

 

 

 

 

 

 

 

6,913

 

Media

 

 

 

 

 

 

 

Cheil Communications, Inc.

 

 

 

7,270

 

1,816

 

Personal Products

 

 

 

 

 

 

 

Amorepacific Corp.

 

 

 

3,737

 

2,058

 

Semiconductors & Semiconductor Equipment

 

 

 

 

 

 

 

Samsung Electronics Co., Ltd.

 

 

 

3,383

 

2,025

 

Samsung Electronics Co., Ltd. (Preference)

 

 

 

4,323

 

2,033

 

 

 

 

 

 

 

4,058

 

Textiles, Apparel & Luxury Goods

 

 

 

 

 

 

 

Cheil Industries, Inc.

 

 

 

46,900

 

1,882

 

 

 

 

 

 

 

49,903

 

Taiwan (4.8%)

 

 

 

 

 

 

 

Chemicals

 

 

 

 

 

 

 

Eternal Chemical Co Ltd.

 

 

 

770,000

 

1,298

 

Formosa Chemicals & Fibre Corp.

 

 

 

610,000

 

1,170

 

 

 

 

 

 

 

2,468

 

Commercial Banks

 

 

 

 

 

 

 

Chang Hwa Commercial Bank

 

(a)

 

3,544,000

 

2,137

 

Computers & Peripherals

 

 

 

 

 

 

 

Foxconn Technology Co., Ltd.

 

 

 

128,000

 

1,453

 

High Tech Computer Corp.

 

 

 

40,400

 

623

 

Sunrex Technology Corp.

 

 

 

1,094,000

 

1,355

 

Wistron Corp.

 

 

 

393,268

 

596

 

 

 

 

 

 

 

4,027

 

 


 

Electronic Equipment & Instruments

 

 

 

 

 

 

 

Delta Electronics, Inc.

 

 

 

1,612,519

 

5,214

 

Everlight Electronics Co., Ltd.

 

 

 

587,080

 

2,289

 

Hon Hai Precision Industry Co., Ltd.

 

 

 

793,756

 

5,325

 

Tripod Technology Corp.

 

 

 

462,640

 

1,901

 

TXC Corp.

 

 

 

483,000

 

900

 

 

 

 

 

 

 

15,629

 

Insurance

 

 

 

 

 

 

 

Cathay Financial Holding Co., Ltd.

 

 

 

1,124,967

 

2,336

 

Shin Kong Financial Holding Co., Ltd.

 

 

 

174,908

 

155

 

 

 

 

 

 

 

2,491

 

Marine

 

 

 

 

 

 

 

Evergreen Marine Corp., Taiwan Ltd.

 

 

 

2,531,000

 

1,614

 

Yang Ming Marine Transport Corp.

 

 

 

3,215,000

 

2,215

 

 

 

 

 

 

 

3,829

 

Semiconductors & Semiconductor Equipment

 

 

 

 

 

 

 

MediaTek, Inc.

 

 

 

228,000

 

2,618

 

Siliconware Precision Industries Co.

 

 

 

758,000

 

1,420

 

Transced Information, Inc.

 

 

 

521,151

 

1,969

 

 

 

 

 

 

 

6,007

 

 

 

 

 

 

 

36,588

 

Thailand (0.4%)

 

 

 

 

 

 

 

Commercial Banks

 

 

 

 

 

 

 

Bangkok Bank PCL (Foreign)

 

 

 

359,000

 

1,159

 

Kasikornbank PCL (Foreign)

 

 

 

751,000

 

1,437

 

 

 

 

 

 

 

2,596

 

Household Durables

 

 

 

 

 

 

 

Land & Houses PCL (Foreign)

 

 

 

1,685,100

 

356

 

 

 

 

 

 

 

2,952

 

TOTAL COMMON STOCKS

 

 

 

 

 

 

 

(Cost $549,684)

 

 

 

 

 

745,082

 

INVESTMENT COMPANIES (1.1%)

 

 

 

 

 

 

 

India (1.1%)

 

 

 

 

 

 

 

Morgan Stanley Growth Fund

 

(c)

 

8,615,401

 

8,464

 

Singapore (0.0%)

 

 

 

 

 

 

 

Cityspring Infrastructure Trust

 

(a)

 

248,000

 

243

 

TOTAL INVESTMENT COMPANIES

 

 

 

 

 

 

 

(Cost $1,738)

 

 

 

 

 

8,707

 

 

 

 

 

Face

 

 

 

 

 

 

 

Amount

 

 

 

 

 

 

 

(000)

 

 

 

SHORT-TERM INVESTMENT (1.5%)

 

 

 

 

 

 

 

United States (1.5%)

 

 

 

 

 

 

 

Repurchase Agreement

 

 

 

 

 

 

 

J.P. Morgan Securities, Inc., 5.28%

 

 

 

 

 

 

 

dated 3/30/07, due 4/2/07,

 

 

 

 

 

 

 

repurchase price $11,728 (Cost $11,723)

 

$

(d)

 

11,723

 

11,723

 

TOTAL INVESTMENTS + (99.8%)

 

 

 

 

 

 

 

(Cost $563,145)

 

 

 

 

 

765,512

 

OTHER ASSETS IN EXCESS OF LIABILITIES (0.2%)

 

 

 

 

 

1,576

 

NET ASSETS (100%)

 

 

 

 

 

$

767,088

 

 

(a)

 

Non-income producing.

(b)

 

Securities were valued at fair value — At March 31, 2007, the Fund held $3,146,000 of fair-valued securities, representing 0.41% % of net assets.

(c)

 

The Morgan Stanley Growth Fund, acquired at a cost of $1,592,902 is advised by an affiliate of the Adviser. During the period ended March 31, 2007, there were no purchases or sales of this security. The Fund derived no income from this security during the period ended March 31, 2007.

(d)

 

Represents the Fund’s undivided interest in a joint repurchase agreement which has a total value of $1,580,364,000. The repurchase agreement was fully collateralized by U.S. government

 


 

 

 

agency securities at the date of this Portfolio of Investments as follows: Federal Farm Credit Bank, 0.00% to 7.43%, due 5/7/07 to 3/2/21; Federal Home Loan Bank, 0.00% to 6.42%, due 4/2/07 to 3/9/26; Federal Home Loan Mortgage Corp., 0.00% to 7.00%, due 4/2/07 to 3/15/31; Federal National Mortgage Association, 0.00% to 7.13%, due 4/5/07 to 3/17/31; Tennessee Valley Authority, 4.88%, due 12/15/16, which had a total value of $1,661,974,119. The investment in the repurchase agreement is through participation in a joint account with affiliated parties pursuant to exemptive relief received by the Fund from the SEC.

(e)

 

Security has been deemed illiquid at March 31, 2007.

@

 

Value is less than $500.

REIT

 

Real Estate Investment Trust

+

 

At March 31, 2007, the U.S. Federal income tax cost basis of investments was approximately $563,145,000 and, accordingly, net unrealized appreciation for U.S. Federal income tax purposes was $202,367,000 of which $222,235,000 related to appreciated securities and $19,868,000 related to depreciated securities.

 


 

Foreign Currency Exchange Contract Information:

The Fund had the following foreign currency exchange contract(s) open at period end:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net

 

Currency

 

 

 

 

 

In

 

 

 

Unrealized

 

to

 

 

 

 

 

Exchange

 

 

 

Appreciation

 

Deliver

 

Value

 

Settlement

 

For

 

Value

 

(Depreciation)

 

(000)

 

(000)

 

Date

 

(000)

 

(000)

 

(000)

 

USD

 

142

 

$   142

 

4/2/07

 

HKD     1,111

 

$   142

 

$

@—

 

 

 

HKD  — Hong Kong Dollar

USD   — United States Dollar

 


 

Item 2.  Controls and Procedures.

 

(a) The Fund’s principal executive officer and principal financial officer have concluded that the Fund’s disclosure controls and procedures are sufficient to ensure that information required to be disclosed by the Fund in this Form N-Q was recorded, processed, summarized and reported within the time periods specified in the Securities and Exchange Commission’s rules and forms, based upon such officers’ evaluation of these controls and procedures as of a date within 90 days of the filing date of the report.

 

(b) There were no changes in the Fund’s internal control over financial reporting that occurred during the registrant’s fiscal quarter that has materially affected, or is reasonably likely to materially affect, the Fund’s internal control over financial reporting.

 

Item 3.  Exhibits.

 


 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

(Registrant)

Morgan Stanley Asia-Pacific Fund, Inc.

 

By:

/s/ Ronald E. Robison

 

Name:

Ronald E. Robison

 

Title:

Principal Executive Officer

 

Date:

5/22/07

 

 

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed by the following persons on behalf of the registrant and in the capacities and on the dates indicated.

 

By:

/s/ Ronald E. Robison

 

Name:

Ronald E. Robison

 

Title:

Principal Executive Officer

 

Date:

5/22/07

 

 

 

 

By:

/s/ James Garrett

 

Name:

James Garrett

 

Title:

Principal Financial Officer

 

Date:

5/22/07

 

 

 EX-99.CERT 2 a07-15322_4ex99dcert.htm EX-99.CERT

Exhibit 99.CERT

 

FORM N-Q

 

I, Ronald E. Robison, certify that:

 

1.             I have reviewed this report on Form N-Q of Morgan Stanley Asia-Pacific Fund, Inc.;

 

2.             Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

 

3.             Based on my knowledge, the schedules of investments included in this report fairly present in all material respects the investments of the registrant as of the end of the fiscal quarter for which the report is filed;

 

4.             The registrant’s other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940) and internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the registrant and have:

 

(a)                                  Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

 

(b)                                 Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

 

(c)                                  Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report, based on such evaluation; and

 

(d)                                 Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the second fiscal quarter of the period covered by this report that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

 

5.             The registrant’s other certifying officer(s) and I have disclosed to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):

 

(a)                                  All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize, and report financial information; and

 

(b)                                 Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

 

 

Date: May 22, 2007

/s/ Ronald E. Robison

 

 

Ronald E. Robison

 

Principal Executive Officer

 


 

FORM N-Q

 

I, James Garrett, certify that:

 

1.             I have reviewed this report on Form N-Q of Morgan Stanley Asia-Pacific Fund, Inc.;

 

2.             Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

 

3.             Based on my knowledge, the schedules of investments included in this report fairly present in all material respects the investments of the registrant as of the end of the fiscal quarter for which the report is filed;

 

4.             The registrant’s other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940) and internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the registrant and have:

 

(a)                                  Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

 

(b)                                 Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

 

(c)                                  Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report, based on such evaluation; and

 

(d)                                 Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the second fiscal quarter of the period covered by this report that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

 

5.             The registrant’s other certifying officer(s) and I have disclosed to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):

 

(a)                                  All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize, and report financial information; and

 

(b)                                 Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

 

 

Date: May 22, 2007

 

 

 

 

 

 

/s/ James Garrett

 

 

James Garrett

 

Principal Financial Officer

 

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