Now, apparently the remaining shareholders are not agreeable to the offer of 0.180. Bursa should fix a timeframe for MAA to acquire the remaining Turiya's shares and comes out with another offer. Opined apparently MAA have no intention to takeover of whole of Turiya but due to litigation of takeover of Ithmaar's stakes which triggered the whole takeover have left MAA no choice.
" MATERIAL LITIGATION TURIYA BERHAD ("Company" or "Turiya") A) APPEAL NO. W-02(IM)(NCC)-1827-09/2021; AND B) APPEAL NO. W-02(IM)(NCC)-1826-09/2021. -KUALA LUMPUR HIGH COURT CIVIL SUIT NO. WA-22NCC-295-07/2021 APPELLANT: EMPIRE HOLDINGS LTD RESPONDENT: I) ITHMAAR DEVELOPMENT COMPANY LTD (1st Respondent) II) ITHMAAR BANK B.S.C. (2nd Respondent); III) MAA GROUP BERHAD (3rd Respondent); IV) TUNKU DATO YAACOB KHYRA (4th Respondent); V) TURIYA BERHAD (5th Respondent)." 29/9/2021. I opine is not the market price matters - may have arbitration of fair value of the share price.
4359 TURIYA, TURIYA BHD - + Changes in Director s Interest (Section 219 of CA 2016) 20 Jun 2024, 07:00 Particular of Director Name JAYAPALASINGAM A/L KANDIAH Address - NRIC - Nationality Malaysia Descriptions (Class & Nominal Value) Ordinary Shares
Change Detail Change Date 20 Jun 2024 Change Reason Dealing in open market
Transaction Detail Transaction Type Date of Change No of Securities Price Transacted (RM) Disposed 19 Jun 2024 17,000 0.000
No of Securities after Change Direct Interest (units) 158,000 Direct Interest (%) 0.069
Consideration You are advised to read the entire contents of the announcement or attachment. Remarks Direct interest held as follows: - i)CIMSEC Nominees (Tempatan) Sdn Bhd - 125,000 (0.055%); and ii)HLIB Nominees (Tempatan) Sdn Bhd - 33,000 (0.014%). You are advised to read the entire contents of the announcement or attachment. To read the entire contents of the announcement or attachment, please access the Bursa website at http://www.bursamalaysia.com
New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
MQ Trader 2972 views | 2 d ago
0:17
New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
wallstreetrookie
9,784 posts
Posted by wallstreetrookie > 2021-09-28 20:18 | Report Abuse
This stock is being heavily manipulated. hold your shares. I am also losing money