Do we just wait for the offer letter to arrive and indicate our preference? It should not incur any trading expense when we sell the shares back to TTK?
I still holding it. This listed company big share holders were too bad. Why the NTA for the TA (RM1.33) and TAGB (RM0.53) then they can offer too low price? In future, these types of big share holders holding the shares, totally cannot invest.
I would like to ask, if the unreasonable offer price refuse to accept. Even it not list in the public share, if still can hold for it? Of course not expect any dividend, if got then as treat as bonus. It still as the minor share holder or just hold it until the company end.
I am not accepting their low takeover offer price. Takeover closing date had been extended to 5/3/21. If we refuse to accept the takeover offer, Tony Tiah can compulsorily acquire our shares at 65.5 sen if he can managed to get more than 90% shareholdings.
I'm not selling mine coz the offer price is way too low. They extended dateline again. I there are some larger shareholdersin the remaining public shareholding
n an independent advice circular posted on Bursa Malaysia’s website today, independent advisor DWA Advisory Sdn Bhd said the 65.5 sen offer price for the shares that Tiah does not own (through TA Securities Holdings Bhd) constituted a discount of RM1.60 to RM1.61 or 71.11% to 71.24% to the estimated value of TAE shares, which are between RM2.25 and RM2.26 per share based on a sum of parts valuation.
the estimated value of TAE shares, which are between RM2.25 and RM2.26 per share based on a sum of parts valuation.
the estimated value of TAE shares, which are between RM2.25 and RM2.26 per share based on a sum of parts valuation.
the estimated value of TAE shares, which are between RM2.25 and RM2.26 per share based on a sum of parts valuation.
If public float goes below 10%, will the offeror do something or not? If not, then TA becomes unlisted. Currently public float is about 13 to 14% right? Latest reminder seems very threatening & scary.
They are developer, is it really the benefit of privatisation outweigh the listing status?
If small shareholders don't sell/accept the offer what can they do? I think some shareholders holding small amount of shares /odd lot for many years already forgot their shares in hands.
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....
TheContrarian
9,507 posts
Posted by TheContrarian > 2020-11-30 17:41 | Report Abuse
Chance to make up to 30% gain. Thank you to TA minorities.