N-PX 1 file1.htm N-PX


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

                                    FORM N-PX

               ANNUAL REPORT OF PROXY VOTING RECORD OF REGISTERED
                          MANAGEMENT INVESTMENT COMPANY

Investment Company Act file number 811-05348

                               The Thai Fund, Inc.
            --------------------------------------------------------
               (Exact name of registrant as specified in charter)

  522 Fifth Avenue, New York, New York                                   10036
--------------------------------------------------------------------------------
(Address of principal executive offices)                              (Zip code)

                               Amy Doberman, Esq.
                                Managing Director
                     Morgan Stanley Investment Advisors Inc.
                                522 Fifth Avenue
                            New York, New York 10036
                  ---------------------------------------------
                     (Name and address of agent for service)

Registrant's telephone number, including area code: 800-869-6397

Date of fiscal year end: 12/31

Date of reporting period: 7/1/06 - 6/30/07


******************************* FORM N-Px REPORT *******************************

ICA File Number: 811-05348
Reporting Period: 07/01/2006 - 06/30/2007
The Thai Fund, Inc.









============================= THE THAI FUND, INC. ==============================


ADVANCED INFO SERVICE PCL

Ticker:                      Security ID:  6412568
Meeting Date: AUG 8, 2006    Meeting Type: Special
Record Date:  JUL 27, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              For       For        Management
2     Approve Minutes of Previous AGM           For       For        Management
3     Authorize Issuance of Unsubordinated and  For       For        Management
      Unsecured Debentures not exceeding Baht
      25 Billion or its Equivalent in Other
      Currency
4     Other Business                            For       Against    Management


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ADVANCED INFO SERVICE PCL

Ticker:                      Security ID:  6412568
Meeting Date: APR 25, 2007   Meeting Type: Annual
Record Date:  APR 4, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              For       For        Management
2     Approve Minutes of Previous EGM           For       For        Management
3     Accept 2006 Operating Results             For       For        Management
4     Accept Financial Statements and Statutory For       For        Management
      Reports
5     Approve PricewaterhouseCoopers ABAS Ltd.  For       For        Management
      as Auditors and Authorize Board to Fix
      Their Remuneration
6     Approve Allocation of Income and Payment  For       For        Management
      of Final Dividend of THB 3.3 Per Share
7.1   Reelect Surasak Vajasit as Director       For       For        Management
7.2   Reelect Suphadej Poonpipat as Director    For       For        Management
7.3   Reelect Allen Lew Yoong Keong as Director For       For        Management
7.4   Reelect Koh Kah Sek as Director           For       For        Management
8     Approve Remuneration of Directors         For       For        Management
9     Approve Loan Procurement Plan             For       For        Management
10    Approve Allotment of Additional 1.245     For       For        Management
      Million Ordinary Shares Reserved for the
      Conversion of the Warrants under the
      Employee Stock Option Plan
11    Other Business                            For       Against    Management


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AIRPORTS OF THAILAND PUBLIC CO LTD

Ticker:                      Security ID:  6741187
Meeting Date: NOV 16, 2006   Meeting Type: Special
Record Date:  OCT 31, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Chairman's Address                        For       For        Management
2     Approve Minutes of Previous AGM           For       For        Management
3     Acknowledge Operating Performance of the  For       For        Management
      Suvarnabhumi Airport
4     Acknowledge Resignation of All Members    For       For        Management
      and Elect New Members of the Board of
      Directors
5     Other Business                            For       Against    Management


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AIRPORTS OF THAILAND PUBLIC CO LTD

Ticker:                      Security ID:  6741187
Meeting Date: JAN 26, 2007   Meeting Type: Annual
Record Date:  JAN 5, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Chairman's Address                        For       For        Management
2     Approve Minutes of Previous EGM           For       For        Management
3     Acknowledge 2006 Operating Results        For       For        Management
4     Accept Financial Statements and Statutory For       For        Management
      Reports
5     Acknowledge Payment of Interim Dividend   For       For        Management
      of Baht 0.95 Per Share on Oct. 12, 2006
      and Approve Payment of Final Dividend of
      Baht 1.8 Per Share
6     Approve Annual Remuneration, Meeting      For       For        Management
      Allowance, and Bonus Payment of Directors
7     Approve Office of the Auditor General as  For       For        Management
      Auditors and Fix Their Remuneration
8     Amend Articles of Association             For       For        Management
9     Elect Saprang Kalyanamitr, Vudhibhandhu   For       For        Management
      Vichairatana, Ittaporn Subhawong,
      Areepong Bhoocha-oom, and Chotisak
      Asapaviriya as Directors
10    Elect One Additional Director             For       Against    Management
11    Other Business                            For       Against    Management


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AMATA CORPORATION PUBLIC CO LTD

Ticker:                      Security ID:  6592954
Meeting Date: APR 27, 2007   Meeting Type: Annual
Record Date:  APR 11, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Minutes of Previous AGM           For       For        Management
2     Accept Annual Report and Directors'       For       For        Management
      Report
3     Accept Financial Statements and Statutory For       For        Management
      Reports
4     Approve Allocation of Income and Payment  For       For        Management
      of Dividend
5.1   Reelect Yuthasak Sasiprapha as Director   For       For        Management
5.2   Reelect Toshihide Hashima as Director     For       For        Management
5.3   Elect Wissanu Krea-Ngam as Director       For       For        Management
5.4   Elect Anucha Sihanatkathakul as Director  For       For        Management
6     Approve Remuneration of Directors         For       For        Management
7     Approve Auditors and Authorize Board to   For       For        Management
      Fix Their Remuneration
8     Other Business                            For       Against    Management


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ASIAN PROPERTY DEVELOPMENT PUBLIC CO LTD

Ticker:                      Security ID:  6612669
Meeting Date: APR 27, 2007   Meeting Type: Annual
Record Date:  APR 9, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Minutes of Previous AGM           For       For        Management
2     Accept 2006 Operating Results and         For       For        Management
      Financial Statements
3     Approve Allocation of Income and Payment  For       For        Management
      of Dividend of THB 0.23 Per Share
4.1   Reelect Chatchaval Bhanalaph as Director  For       For        Management
4.2   Reelect Naris Chaiyasoot as Director      For       For        Management
4.3   Reelect Payont Sakdejayount as Director   For       For        Management
4.4   Reelect Pong Sarasin as Director          For       For        Management
5     Approve Ernst & Young Office Ltd. as      For       For        Management
      Auditors and Authorize Board to Fix Their
      Remuneration
6     Approve Remuneration of Directors         For       For        Management
7     Approve Bonus of Directors                For       For        Management
8     Amend Allotment of 157,341 Unissued       For       For        Management
      Shares for the Exercise of Warrants
9     Other Business                            For       Against    Management


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BANGKOK BANK PUBLIC CO. LTD

Ticker:                      Security ID:  6077008
Meeting Date: APR 12, 2007   Meeting Type: Annual
Record Date:  MAR 23, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Minutes of Previous AGM           For       For        Management
2     Acknowledge 2006 Operating Results        For       For        Management
3     Acknowledge Audit Committee Report        For       For        Management
4     Accept Financial Statements and Statutory For       For        Management
      Reports
5     Approve Allocation of Income and Payment  For       For        Management
      of Dividend
6.1   Reelect Chatri Sophonpanich as Director   For       Against    Management
6.2   Reelect Piti Sithi-Amnuai as Director     For       Against    Management
6.3   Reelect Amorn Chandarasomboon as Director For       Against    Management
6.4   Reelect Thamnoon Laukaikul as Director    For       Against    Management
6.5   Reelect Prasong Uthaisangchai as Director For       Against    Management
6.6   Reelect Singh Tangtatswas as Director     For       Against    Management
7.1   Elect Phornthep Phornprapha as New        For       Against    Management
      Director
7.2   Elect Gasinee Witoonchart as New Director For       Against    Management
8     Acknowledge Remuneration of Directors     For       For        Management
9     Approve Deloitte Touche Tohmatsu Jaiyos   For       For        Management
      as Auditors and Authorize Board to Fix
      Their Remuneration
10    Authorize Issuance of Bonds not exceeding For       For        Management
      THB 150 Billion or its Equivalent in
      Other Currency
11    Other Business                            For       Against    Management


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BANGKOK INSURANCE PCL

Ticker:                      Security ID:  6078971
Meeting Date: APR 25, 2007   Meeting Type: Annual
Record Date:  APR 4, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Minutes of Previous AGM           For       For        Management
2     Acknowledge 2006 Annual Report and        For       For        Management
      Directors' Report
3     Accept Financial Statements and Statutory For       For        Management
      Reports
4     Approve Allocation of Income and Payment  For       For        Management
      of Dividend
5.1   Reelect Chai Sophonpanich as Director     For       For        Management
5.2   Reelect Singh Tangtaswas as Director      For       For        Management
5.3   Reelect Thira Wongjirachai as Director    For       For        Management
5.4   Reelect Chor.nun Petpaisit as Director    For       For        Management
6     Approve Remuneration of Directors         For       For        Management
7     Approve Auditors and Authorize Board to   For       For        Management
      Fix Their Remuneration
8     Other Business                            For       Against    Management


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BANK OF AYUDHYA PUBLIC CO. LTD.

Ticker:                      Security ID:  6075938
Meeting Date: SEP 20, 2006   Meeting Type: Special
Record Date:  AUG 31, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Minutes of Previous AGM           For       For        Management
2     Approve Sale of 2 Billion Ordinary Shares For       For        Management
      to GE Capital International Holdings
      Corp. at a Price which may be Lower Than
      the Market Price by More Than 10 Percent,
      and Waive Requirement for Mandatory Offer
      to All Shareholders
3     Amend Article 9 of the Articles of        For       For        Management
      Association
4.1   Fix Number of Directors                   For       For        Management
4.2   Elect Pornsanong Tuchinda as Director     For       For        Management
4.3   Elect Phanporn Kongyingyong as Director   For       For        Management
5     Approve Acquisition of the Assets and     For       For        Management
      Liabilities of GE Money Retail Bank
      Public Company Limited
6     Other Business                            None      None       Management


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BANK OF AYUDHYA PUBLIC CO. LTD.

Ticker:                      Security ID:  6075938
Meeting Date: APR 11, 2007   Meeting Type: Annual
Record Date:  MAR 21, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Minutes of Previous EGM           For       For        Management
2     Acknowledge Directors' Report             For       For        Management
3     Accept Financial Statements and Statutory For       For        Management
      Reports
4     Approve Allocation of Income and Payment  For       For        Management
      of Dividend of THB 0.2 Per Share
5.1   Reelect Yongyuth Withyawongsaruchi as     For       For        Management
      Director
5.2   Reelect Pongpinit Tejagupta as Director   For       For        Management
5.3   Elect Chet Raktakanishta as Director      For       For        Management
6     Approve Remuneration of Directors         For       For        Management
7     Approve Deloitte Touche Tohmatsu Jaiyos   For       For        Management
      Co., Ltd. as Auditors and Authorize Board
      to Fix Their Remuneration
8     Other Business                            For       Against    Management


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BANPU PUBLIC COMPANY LTD.

Ticker:                      Security ID:  6074849
Meeting Date: MAR 28, 2007   Meeting Type: Annual
Record Date:  MAR 8, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Minutes of Previous AGM           For       For        Management
2     Acknowledge 2006 Performance Results      For       For        Management
3     Accept Financial Statements and Statutory For       For        Management
      Reports
4     Approve Allocation of Income and Payment  For       For        Management
      of Dividend
5.1.1 Reelect Kopr Kritayakirana as Director    For       For        Management
5.1.2 Reelect Sawatdiparp Kantatham as Director For       For        Management
5.1.3 Reelect Somkiat Chareonkul as Director    For       For        Management
5.2   Approve Remuneration of Directors         For       For        Management
6     Approve PricewaterhouseCoopers ABAS Ltd.  For       For        Management
      as Auditors and Fix Their Remuneration
7     Other Business                            None      None       Management


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BEC WORLD PUBLIC COMPANY LIMITED

Ticker:                      Security ID:  6728328
Meeting Date: APR 27, 2007   Meeting Type: Annual
Record Date:  APR 9, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Minutes of Previous AGM           For       For        Management
2     Acknowledge Directors' Report             None      None       Management
3     Accept Financial Statements and Statutory For       For        Management
      Reports
4     Approve Non-Allocation of Income and      For       For        Management
      Omission of Dividends
5     Approve Offset of Accumulated Losses      For       For        Management
      Against Legal Reserve and Share Premium
6.1   Elect Matthew Kichodhan as New Director   For       For        Management
6.2.1 Reelect Arun Ngamdee as Director          For       For        Management
6.2.2 Reelect Prathan Rangsimaporn as Director  For       For        Management
6.2.3 Reelect Manit Boonprakob as Director      For       For        Management
6.2.4 Reelect Ratchanee Nipatakusol as Director For       For        Management
6.3   Approve Remuneration of Directors         For       For        Management
7     Approve Dr. Virach & Associates Office as For       For        Management
      Auditors and Fix Their Remuneration


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BIG C SUPERCENTER PCL

Ticker:                      Security ID:  6777728
Meeting Date: APR 27, 2007   Meeting Type: Annual
Record Date:  APR 9, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Minutes of Previous AGM           For       For        Management
2     Accept Financial Statements and Statutory For       For        Management
      Reports
3     Approve Allocation of Income and Payment  For       For        Management
      of Dividend of THB 1.56 Per Share
4.1   Reelect Yves Bernard Braibant as Director For       For        Management
4.2   Reelect Nontaphol Nimsomboon as Director  For       For        Management
4.3   Reelect Winai Phattiyakul as Director     For       For        Management
4.4   Reelect Rongphol Chareonphandhu as        For       Against    Management
      Director
5     Approve Remuneration of Directors and     For       For        Management
      Members of the Audit Committee and Good
      Corporate Governance Committee
6     Approve Ernst & Young Office Ltd. as      For       For        Management
      Auditors and Authorize Board to Fix Their
      Remuneration
7     Approve Revenue Recognition for the       For       For        Management
      Cancellation of Dividend Amounting to THB
      557,856 Due to the Non-Qualification of
      Shareholders to Receive Such Dividend
8     Other Business                            For       Against    Management


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DYNASTY CERAMIC PUBLIC CO LTD

Ticker:                      Security ID:  6547750
Meeting Date: APR 27, 2007   Meeting Type: Annual
Record Date:  APR 9, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Minutes of Previous AGM           For       For        Management
2     Acknowledge Directors' Report             For       For        Management
3     Accept Financial Statements and Statutory For       For        Management
      Reports
4     Approve Allocation of Income and Payment  For       For        Management
      of Final Dividend of THB 0.21 Per Share
5     Elect Directors                           For       For        Management
6     Approve Remuneration of Directors         For       For        Management
7     Approve Auditors and Fix Their            For       For        Management
      Remuneration
8     Other Business                            For       Against    Management


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ELECTRICITY GENERATING PUBLIC CO LTD

Ticker:                      Security ID:  6304632
Meeting Date: DEC 1, 2006    Meeting Type: Special
Record Date:  NOV 13, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Minutes of Previous AGM           For       For        Management
2     Approve Acquisition of a 50 Percent       For       For        Management
      Interest in BLCP Power Co. Ltd.
3     Elect One Independent Director            For       For        Management
4     Other Business                            For       Against    Management


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ELECTRICITY GENERATING PUBLIC CO LTD

Ticker:                      Security ID:  6304632
Meeting Date: APR 23, 2007   Meeting Type: Annual
Record Date:  APR 2, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Minutes of Previous EGM           For       For        Management
2     Acknowledge Annual Report and Payment of  For       For        Management
      Interim Dividend of THB 2 Per Share on
      Sept. 26, 2006
3     Accept Financial Statements and Statutory For       For        Management
      Reports
4     Approve Allocation of Income and Payment  For       For        Management
      of Final Dividend of THB 2 Per Share
5     Approve Auditors and Authorize Board to   For       For        Management
      Fix Their Remuneration
6.1   Reelect Worawit Khamkanist as Director    For       For        Management
6.2   Reelect Chomnong Wongsawang as Director   For       For        Management
6.3   Reelect Sombat Sarntijaree as Director    For       For        Management
6.4   Reelect Hideaki Tomiku as Director        For       For        Management
6.5   Reelect Visit Akaravinak as Director      For       For        Management
7.1   Fix Number of Directors                   For       For        Management
7.2   Elect Thanapich Mulapruk as New           For       For        Management
      Independent Director
8     Approve Remuneration of Directors         For       For        Management
9     Other Business                            For       Against    Management


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GOLDEN LAND PROPERTY DEVELOPMENT PCL

Ticker:                      Security ID:  6382973
Meeting Date: DEC 21, 2006   Meeting Type: Special
Record Date:  DEC 1, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Minutes of Previous AGM           For       For        Management
2     Approve Issuance of 47.25 Million Units   For       Against    Management
      of Warrants to Directors of the Company
      (ESOP)
3     Approve Issuance of Warrants Under the    For       Against    Management
      ESOP to Directors that are Allocated with
      More Than 5 Percent of the Total Number
      of Warrants Issued
4     Approve Issuance of 29.05 Million Shares  For       Against    Management
      for a Private Placement
5     Approve Reduction in Registered Capital   For       For        Management
      to Baht 6.32 Billion Through the
      Cancellation of 76.3 Million Unissued
      Shares
6     Amend Clause 4 of the Memorandum of       For       For        Management
      Association to Reflect Decrease in
      Registered Capital
7     Approve Increase in Registered Capital to For       Against    Management
      Baht 7.09 Billion Through the Issuance of
      76.3 Million New Ordinary Shares
8     Amend Clause 4 of the Memorandum of       For       Against    Management
      Association to Reflect Increase in
      Registered Capital
9     Approve Allocation of 47.25 Million New   For       Against    Management
      Ordinary Shares Pursuant to the ESOP
10    Other Business                            For       Against    Management


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GOLDEN LAND PROPERTY DEVELOPMENT PCL

Ticker:                      Security ID:  6382973
Meeting Date: APR 26, 2007   Meeting Type: Annual
Record Date:  APR 5, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Minutes of Previous EGM           For       For        Management
2     Accept 2006 Operating Results and         For       For        Management
      Directors' Report
3     Accept Financial Statements and Statutory For       For        Management
      Reports
4     Approve Allocation of Income              For       For        Management
5     Approve Omission of Dividends             For       For        Management
6     Reelect Khunying Sasima Srivikorn, Chow   For       Abstain    Management
      Kwai Cheung, and Christina Lam Yim King
      as Directors and Fix Their Remuneration
7     Approve KPMG Phoomchai Audit Ltd. as      For       For        Management
      Auditors and Authorize Board to Fix Their
      Remuneration
8     Other Business                            For       Against    Management


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KIM ENG SECURITIES (THAILAND) PUBLIC COMPANY LIMITED

Ticker:                      Security ID:  6711607
Meeting Date: MAR 20, 2007   Meeting Type: Annual
Record Date:  FEB 27, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Minutes of Previous AGM           For       For        Management
2     Acknowledge Report on 2006 Performance    None      None       Management
      Results
3     Accept Financial Statements and Statutory For       For        Management
      Reports
4     Approve Allocation of Income and Payment  For       For        Management
      of Final Dividend of THB 0.62 Per Share
5.1   Reelect Ronald Anthony Ooi Thean Yat as   For       Against    Management
      Director
5.2   Reelect Hwang Wei-Cherng as Director      For       For        Management
5.3   Reelect Judd Clark Kinne as Director      For       For        Management
6     Approve Remuneration of Directors         For       For        Management
7     Approve PricewaterhouseCoopers ABAS       For       For        Management
      Limited as Auditors and Fix Their
      Remuneration
8     Other Business                            For       Against    Management


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KRUNGTHAI CARD PUBLIC COMPANY LIMITED

Ticker:                      Security ID:  6561318
Meeting Date: APR 27, 2007   Meeting Type: Annual
Record Date:  APR 9, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Minutes of Previous AGM           For       For        Management
2     Accept 2006 Operating Results             For       For        Management
3     Accept Financial Statements and Statutory For       For        Management
      Reports
4     Approve Allocation of Income and Payment  For       For        Management
      of Dividend of THB 1 Per Share
5     Reelect Pimpen Ladpli, Kittiya            For       Abstain    Management
      Todhanakasem, and Rangsin Suebsaeng as
      Directors
6     Approve Remuneration of Directors         For       For        Management
7     Approve Deloitte Touche Tohmatsu Jaiyos   For       For        Management
      Co., Ltd. as Auditors and Authorize Board
      to Fix Their Remuneration
8     Authorize Issuance of Debentures not      For       For        Management
      exceeding THB 12 Billion or its
      Equivalent in Other Currency
9     Other Business                            For       Against    Management


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LALIN PROPERTY PUBLIC CO LTD

Ticker:                      Security ID:  6698829
Meeting Date: APR 24, 2007   Meeting Type: Annual
Record Date:  APR 4, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Minutes of Previous AGM           For       For        Management
2     Accept Financial Statements and Statutory For       For        Management
      Reports
3     Approve Allocation of Income and Payment  For       For        Management
      of Final Dividend of THB 0.12 Per Share
4     Reelect Chaiyan Chakarakul, Niputh        For       For        Management
      Jitprasong, and Chucheep Ditsathien as
      Directors
5     Approve Remuneration of Directors         For       For        Management
6     Approve S.K. Accountant Services Company  For       For        Management
      Limited as Auditors and Authorize Board
      to Fix Their Remuneration
7     Authorize Issuance of Debentures not      For       For        Management
      exceeding THB 1 Billion or its Equivalent
      in Other Currency
8     Amend Company Objectives                  For       For        Management
9     Other Business                            For       Against    Management


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MBK PUBLIC COMPANY LTD. (FRMRLY MBK DEVELOPMENT PCL)

Ticker:                      Security ID:  6550446
Meeting Date: OCT 31, 2006   Meeting Type: Annual
Record Date:  OCT 11, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Minutes of Previous AGM           For       For        Management
2     Accept 2005-2006 Operating Results,       For       For        Management
      Payment of Interim Dividend of Baht 1.75
      Per Share, and Decrease in Paid-Up
      Capital to Cancel the Treasury Shares
      which were Not Sold
3     Accept 2005-2006 Financial Statements and For       For        Management
      Statutory Reports
4     Approve Allocation of Income, Payment of  For       For        Management
      Final Dividend of Baht 1.75 Per Share,
      and 2005-2006 Remuneration of Directors
5     Elect Directors                           For       For        Management
6     Approve 2006-2007 Remuneration of         For       For        Management
      Directors
7     Approve Related Party Transactions        For       For        Management
8     Approve Ernst & Young Office Ltd. as      For       For        Management
      Auditors and Fix Their Remuneration
9     Authorize Issuance of Debentures not      For       For        Management
      exceeding Baht 5 Billion or its
      Equivalent in Other Currency
10    Other Business                            For       Against    Management


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MBK PUBLIC COMPANY LTD. (FRMRLY MBK DEVELOPMENT PCL)

Ticker:                      Security ID:  6550446
Meeting Date: JUN 14, 2007   Meeting Type: Special
Record Date:  MAY 25, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Minutes of Previous AGM           For       For        Management
2     Approve an Agreement which Grants the     For       For        Management
      Company the Right to Utilize the Shopping
      Center at the Pathumwan Intersection
3     Other Business                            For       Against    Management


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PRECIOUS SHIPPING PCL

Ticker:                      Security ID:  6694526
Meeting Date: APR 24, 2007   Meeting Type: Annual
Record Date:  APR 4, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Minutes of Previous AGM           For       For        Management
2     Acknowledge Directors' Report             For       For        Management
3     Acknowledge Audit Committee's Report      For       For        Management
4     Accept Financial Statements and Statutory For       For        Management
      Reports
5     Acknowledge Payment of Interim Dividend   For       For        Management
      Twice for a Total of THB 2 Per Share
6     Approve Increase in Registered Capital to For       For        Management
      THB 1.04 Billion from THB 520 Million
      Through the Issuance of 520 Million New
      Ordinary Shares
7     Amend Clause 4 of the Memorandum of       For       For        Management
      Association to Reflect Increase in
      Registered Capital
8     Authorize Issuance of Bonus Shares to     For       For        Management
      Existing Shareholders at the Ratio of One
      Bonus Share for every Share Held
9     Approve Allocation of Income and Payment  For       For        Management
      of Dividend
10    Approve Ernst & Young Office Ltd. as      For       For        Management
      Auditors and Authorize Board to Fix Their
      Remuneration
11    Reelect Amnad Chandanamattha, Kiattisak   For       For        Management
      Prabhavat, Khalid Moinuddin Hashim, and
      Nishita Shah as Directors
12    Amend Articles of Association Re: Board   For       For        Management
      Size
13    Elect Kirit Shah as Director and Peter    For       For        Management
      Feddersen as Independent Director
14    Approve Remuneration of Directors         For       For        Management
15    Approve Listing of 520 Million New        For       For        Management
      Ordinary Shares in the Stock Exchange of
      Thailand
16    Other Business                            For       Against    Management


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PTT EXPLORATION & PRODUCTION PCL

Ticker:                      Security ID:  B1359K1
Meeting Date: MAR 28, 2007   Meeting Type: Annual
Record Date:  MAR 7, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Minutes of Previous AGM           None      None       Management
2     Accept 2006 Performance Result and 2007   None      None       Management
      Work Plan
3     Accept Financial Statements and Statutory For       For        Management
      Reports
4     Approve Allocation of Income and Payment  For       For        Management
      of Final Dividend of THB 1.5 Per Share
5.1   Reelect Lertrat Ratanavanich as Director  For       For        Management
5.2   Reelect Pichai Chunhavajira as Director   For       For        Management
5.3   Reelect Chulasingh Vasantasingh as        For       For        Management
      Director
5.4   Elect Chokchai  Aksaranan as Director     For       For        Management
5.5   Elect Viraphol Jirapraditkul as Director  For       For        Management
6     Approve Remuneration of Directors and     None      Abstain    Management
      Sub-Committees
7     Approve Office of the Auditor General of  For       For        Management
      Thailand as Auditor and Fix Their
      Remuneration
8     Authorize Issuance of Debentures not      For       For        Management
      exceeding THB 50 Billion or its
      Equivalent in Other Currency
9.1   Amend Clause 20 of the Articles of        For       For        Management
      Association
9.2   Amend Clause 25 of the Articles of        For       For        Management
      Association
10    Other Business                            None      None       Management


--------------------------------------------------------------------------------

PTT PUBLIC COMPANY

Ticker:                      Security ID:  6420389
Meeting Date: APR 30, 2007   Meeting Type: Annual
Record Date:  APR 9, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Minutes of Previous AGM           For       For        Management
2     Accept 2006 Operating Results, Financial  For       For        Management
      Statements and Statutory Reports
3     Approve Allocation of Income and Payment  For       For        Management
      of Dividend
4.1   Reelect Chakramon Phasukavanich as        For       For        Management
      Director
4.2   Reelect Pannee Sathavarodom as Director   For       For        Management
4.3   Reelect Metta Banturngsuk as Director     For       For        Management
4.4   Elect Pornthip Jala as Director to        For       For        Management
      Replace the Retiring Director, Cherdpong
      Siriwit
4.5   Elect Jada Wattanasiritham as Director to For       For        Management
      Replace the Retiring Director, Pisanu
      Sunthraraks
5     Approve Remuneration of Directors         For       For        Management
6     Approve Office of the Auditor General as  For       For        Management
      Auditors and Authorize Board to Fix Their
      Remuneration
7     Approve 5-Year Financing Plan             For       For        Management
8     Other Business                            For       Against    Management


--------------------------------------------------------------------------------

QUALITY HOUSES PUBLIC CO. LTD

Ticker:                      Security ID:  B00PN05
Meeting Date: APR 18, 2007   Meeting Type: Annual
Record Date:  APR 2, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Minutes of Previous AGM           For       For        Management
2     Acknowledge 2006 Operating Results        For       For        Management
3     Acknowledge Directors' Report             For       For        Management
4     Accept Financial Statements and Statutory For       For        Management
      Reports
5     Approve Allocation of Profits as Legal    For       For        Management
      Reserve, Working Capital and Reserve, and
      for the Payment of Dividends
6     Reelect Chaiwat Hutacharoen, Rachai       For       For        Management
      Wattanakasaem, Joompol Meesook and
      Suwanna Buddhaprasart as Directors and
      Fix Their Bonus
7     Elect Krit Phunratanamala as New Director For       For        Management
8     Approve Ernst & Young Office Ltd. as      For       For        Management
      Auditors and Authorize Board to Fix Their
      Remuneration
9     Other Business                            For       Against    Management


--------------------------------------------------------------------------------

SERM SUK PUBLIC CO. LTD

Ticker:                      Security ID:  6616144
Meeting Date: APR 25, 2007   Meeting Type: Annual
Record Date:  APR 4, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Minutes of Previous AGM           For       For        Management
2     Acknowledge Directors' Report             None      None       Management
3     Accept Financial Statements and Statutory For       For        Management
      Reports
4     Approve Allocation of Income and Payment  For       For        Management
      of Dividend of THB 1 Per Share
5     Approve Bonus of Directors                For       For        Management
6.1   Reelect Cherdpan Bulsook as Director      For       For        Management
6.2   Reelect Somchai Bulsook as Director       For       For        Management
6.3   Reelect Surajit Wanglee as Director       For       For        Management
6.4   Reelect Timothy Edward Minges as Director For       For        Management
6.5   Reelect Gautham Mukkavilli as Director    For       For        Management
7     Approve Auditors and Authorize Board to   For       For        Management
      Fix Their Remuneration
8     Confirm Allocation and Offering of        For       For        Management
      Securities under ESIP Program for Year
      6th to 10th of the Program
9     Other Business                            For       Against    Management


--------------------------------------------------------------------------------

SIAM CEMENT PUBLIC CO. LTD.

Ticker:                      Security ID:  6609917
Meeting Date: MAR 28, 2007   Meeting Type: Annual
Record Date:  MAR 7, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Minutes of Previous AGM           For       For        Management
2     Acknowledge 2006 Annual Report            For       For        Management
3     Accept Financial Statements and Statutory For       For        Management
      Reports
4     Approve Allocation of Income and Payment  For       For        Management
      of Final Dividend of THB 7.5 Per Share
5.1   Reelect Chaovana NaSylvanta as Director , For       For        Management
      ,
 and
5.2   Reelect Kamthon Sindhvananda as Director  For       For        Management
5.3   Reelect Sivavong Changkasiri as Director  For       For        Management
5.4   Elect Chirayu Isarangkun Na Ayuthaya as   For       For        Management
      Director to Replace Paron Israsena who is
      One of the Retiring Directors
6     Approve KPMG Phoomchai Audit Ltd as       For       For        Management
      Auditors and Fix Their Remuneration
7     Approve Remuneration of Directors and     For       For        Management
      Committees
8     Other Business                            For       Against    Management


--------------------------------------------------------------------------------

SIAM COMMERCIAL BANK PCL

Ticker:                      Security ID:  6889924
Meeting Date: APR 5, 2007    Meeting Type: Annual
Record Date:  MAR 15, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Minutes of Previous AGM           For       For        Management
2     Acknowledge 2006 Operational Results      None      None       Management
3     Accept Financial Statements and Statutory For       For        Management
      Reports
4     Approve Allocation of Income and Payment  For       For        Management
      of Dividend of THB 2 Per Share
5     Approve Remuneration and Bonus of         For       For        Management
      Directors
6.1.1 Reelect Sumate Tanthuwanit as Director    For       For        Management
6.1.2 Reelect Kannikar Chalitaporn as Director  For       For        Management
6.1.3 Reelect Anand Panyarachun as Director     For       For        Management
6.1.4 Reelect Vicharn Panich as Director        For       For        Management
6.1.5 Elect Utim Tamwatin as Director Replacing For       For        Management
      the Retiring Director, Prakob Tantiyapong
6.2   Elect Chumpol Na Lamleng as New Director  For       For        Management
7     Approve Deloitte Touche Tohmatsu Jaiyos   For       For        Management
      as Auditors and Fix Their Remuneration
8     Amend Clause 4 of the Memorandum of       For       For        Management
      Association In Line with Conversion of
      Preferred Shares


--------------------------------------------------------------------------------

SIAM MAKRO PUBLIC CO LTD

Ticker:                      Security ID:  6807410
Meeting Date: APR 27, 2007   Meeting Type: Annual
Record Date:  APR 9, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Minutes of Previous AGM           For       For        Management
2     Accept Financial Statements and Auditors' For       For        Management
      Report
3.1   Accept Management Report                  For       For        Management
3.2   Acknowledge Payment of Interim Dividend   For       For        Management
      of THB 1.5 Per Share
4     Elect Suchada Ithijarukul, Athaporn       For       For        Management
      Khaimarn, Thira Wipuchanin and
 Boonsin
      Srilertchaipanij as Directors, and Fix
      the Directors' Remuneration
5     Approve Non-Allocation of Income and      For       For        Management
      Payment of Final Dividend of THB 4 Per
      Share
6     Approve PricewaterhouseCoopers ABAS Ltd.  For       For        Management
      as Auditors and Authorize Board to Fix
      Their Remuneration
7     Other Business                            For       Against    Management


--------------------------------------------------------------------------------

SINO-THAI ENGINEERING & CONSTRUCTION PUBLIC CO LTD

Ticker:                      Security ID:  6541406
Meeting Date: AUG 9, 2006    Meeting Type: Special
Record Date:  JUL 20, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Amend Article 8 and Add Article 55 to the For       For        Management
      Company's Articles of Association
2     Other Business                            For       Against    Management


--------------------------------------------------------------------------------

THORESEN THAI AGENCIES PUBLIC CO LTD

Ticker:                      Security ID:  6561750
Meeting Date: OCT 19, 2006   Meeting Type: Special
Record Date:  OCT 3, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Minutes of Previous AGM           For       For        Management
2     Authorize Issuance of Debentures not      For       For        Management
      exceeding Baht 10 Billion or its
      Equivalent in Other Currency
3     Other Business                            For       Against    Management


--------------------------------------------------------------------------------

THORESEN THAI AGENCIES PUBLIC CO LTD

Ticker:                      Security ID:  6561750
Meeting Date: JAN 26, 2007   Meeting Type: Annual
Record Date:  JAN 5, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Minutes of Previous EGM           For       For        Management
2     Acknowledge Operating Results for the     For       For        Management
      Year Ended Sept. 30, 2006
3     Accept Financial Statements and Statutory For       For        Management
      Reports
4     Acknowledge Payment of Interim Dividend   For       For        Management
      of Baht 0.65 Per Share on June 9, 2006
5     Approve Payment of Final Dividend of Baht For       For        Management
      0.7 Per Share
6     Elect Directors                           For       For        Management
7     Approve Remuneration of Directors         For       For        Management
8     Approve PricewaterhouseCoopers ABAS Ltd.  For       For        Management
      as Auditors and Fix Their Remuneration
9     Other Business                            For       Against    Management
========== END NPX REPORT



                                   SIGNATURES

     Pursuant to the requirements of 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): The Thai Fund, Inc.
              -------------------

By (Signature and Title):


                                      /s/ Ronald E. Robison
                 ---------------------------------------------------------------
                 President and Principal Executive Officer - Office of the Funds

Date August 28, 2007


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