TA ENTERPRISE BHD

KLSE (MYR): TA (4898)

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Last Price

0.655

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Day's Change

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8 people like this.

7,616 comment(s). Last comment by Scylla 2021-03-27 13:22

luckypunting

1,930 posts

Posted by luckypunting > 2020-03-13 12:16 | Report Abuse

tagb 0.28 is a good offer now with such market meltdown ... :p

luckypunting

1,930 posts

Posted by luckypunting > 2020-03-15 12:54 | Report Abuse

if the tagb vgo got approved ... high chance will trigger tae mgo 66.5 offering .... free cash here :p

luckypunting

1,930 posts

Posted by luckypunting > 2020-03-16 09:14 | Report Abuse

now, with such market ... really hope this vgo will get approved by all parties ... come on let Datuk have all the shares .. :p

luckypunting

1,930 posts

Posted by luckypunting > 2020-03-16 13:42 | Report Abuse

when EGM will be held? please don't delay

hitgirl47

16 posts

Posted by hitgirl47 > 2020-03-16 15:14 | Report Abuse

Tony tiah's son, the future heir of the company's wedding

https://vimeo.com/372832978


you see tony and everybody in here.

the son is cheating on wife all the time. very good actor

luckypunting

1,930 posts

Posted by luckypunting > 2020-03-23 15:55 | Report Abuse

when the free Cash EGM approval is going to held?

Lele

523 posts

Posted by Lele > 2020-03-25 16:50 | Report Abuse

The curbs on movement would be extended another two weeks to April 14. Hahaha how to an EGM

Posted by DreamKentut > 2020-03-25 16:51 | Report Abuse

Idiots managing the country.

Posted by Fabien "The Efficient Capital Allocater" > 2020-03-27 11:20 | Report Abuse

at this price , given the impending offer of 66sen. i think risk is low even if it's get delayed or worst, aborted.

camelwong

56 posts

Posted by camelwong > 2020-03-30 21:37 | Report Abuse

when is the last date of offer?

pogbaggmu

44 posts

Posted by pogbaggmu > 2020-03-31 17:05 | Report Abuse

lele, haha tagb shareholders please go to the other forum. don't worry, just matter of time.

luckypunting

1,930 posts

Posted by luckypunting > 2020-04-03 09:25 | Report Abuse

....but still need TAE EGM to approve :p

firehawk

4,783 posts

Posted by firehawk > 2020-04-03 09:58 | Report Abuse

always misunderstand the meaning of ppl saying .....

Sslee

6,930 posts

Posted by Sslee > 2020-04-03 10:38 | Report Abuse

Dear all,
TAE, Datuk Tiah and PAC is now allowed by SC to buy TAGB shares from open market.

Posted by liewwl2004 > 2020-04-03 12:45 | Report Abuse

I have on question. If TAE is allowed to buy TAg shares in open market, will he not push the price down further so Tiah can get it cheap?

Posted by liewwl2004 > 2020-04-03 12:46 | Report Abuse

I have on question. If TAE is allowed to buy TAg shares in open market, will he not push the price down further so Tiah can get it cheap?

luckypunting

1,930 posts

Posted by luckypunting > 2020-04-03 13:32 | Report Abuse

SC allow Datuk to buy TAGB from open market .... another key word is "during offer period"

luckypunting

1,930 posts

Posted by luckypunting > 2020-04-03 13:34 | Report Abuse

waiting EGM to approve the vgo :p

Posted by liewwl2004 > 2020-04-03 13:44 | Report Abuse

Hi luckypunting. When is the offer period?

firehawk

4,783 posts

Posted by firehawk > 2020-04-03 15:49 | Report Abuse

in the situation now, not likely EGM can be conducted, would be delayed .....

Posted by Fabien "The Efficient Capital Allocater" > 2020-04-03 19:09 | Report Abuse

Sold 0.49

Fabien "The Efficient Capital Allocater" bought 0.415 today
27/03/2020 6:46 PM

jlex11

536 posts

Posted by jlex11 > 2020-05-05 11:53 | Report Abuse

SC & Bursa is expected to give the goahead for the VGO by 12th May 2020

Sslee

6,930 posts

Posted by Sslee > 2020-05-06 22:00 | Report Abuse

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3048787

The Board wishes to announce that TAG has received a letter dated 6 May 2020 from TA Securities, on behalf of the board of directors of TAE, that the board of directors of TAE has resolved to seek the SC’s prior written consent to withdraw the Offer after taking into consideration, amongst others, the adverse impact of the COVID-19 pandemic to the financial performance of TAG and its subsidiaries (“TAG Group”) during financial year ending 31 December 2020 following the temporary suspension of operations of several hotels of TAG Group in the months of March 2020 and April 2020 as announced by the Board on 13 April 2020. The Board of TAE is of the view that the ripple effects of COVID-19 are still unfolding and the full impact of this pandemic can only be determined until the situation stabilises.

As such, TAE had on 6 May 2020 submitted an application to the SC pursuant to Paragraph 9.11 of the Rules to seek the SC’s prior written consent in relation to the withdrawal of the Offer. Upon receipt of the SC’s prior written consent, the Offer shall cease and TAE will be released from any obligation arising from the Offer with immediate effect.

This announcement is dated 6 May 2020.

Posted by hopetobecorrect > 2020-05-07 08:09 | Report Abuse

This tiah family really conmen to the core. No shame. No dignity. No moral.
Hopefully SC reject

Posted by Bedakong116 > 2020-05-07 10:58 | Report Abuse

Should write to SC, Bursa and MSWG to reject as no real reason to abandon VGO. TAG already a sub and PAC receiving shares so cash outlay is zero as TT subscribing to new TAE shares....

Posted by hopetobecorrect > 2020-05-07 11:15 | Report Abuse

during good time , want to wallop and swallow tagb and tae at dirt cheap price and taking maximum advantage of others shareholders. family members enjoying salary and all other perks and give shareholders 1 sen dividend. now, with the pandemic and no income from those hotels, again try to pass back to everyone to share the losses and burdens. do the tiah's thought of shareholders when they make the offer before the pandemic.????????? after this is over, will come back with another lower offer.

Posted by hopetobecorrect > 2020-05-07 11:19 | Report Abuse

to the tiah family, put up all your shares for sale at 0.665 and 0.28.

firehawk

4,783 posts

Posted by firehawk > 2020-05-07 17:05 | Report Abuse

is very clever! the pandemic will cause many businesses (include hotels, etc.) NG, the advantages is not so lucrative now, he just drop the offer !!!

stockraider

31,556 posts

Posted by stockraider > 2020-05-07 20:26 | Report Abuse

Latest news....i heard from a learned friend...who says SC is likely to reject their waiver applications loh....!!

They do not want to tarnish the existing SC integrity mah....!!

Seek

446 posts

Posted by Seek > 2020-05-07 21:00 | Report Abuse

Sslee, in April they were allowed by sc to purchase tagb from the market after applying for permission. And now this application to cancel the vgo. Main main ini orang??

Posted by Bedakong116 > 2020-05-07 21:37 | Report Abuse

TT has bad reputation in market and with authorities.

Posted by Bedakong116 > 2020-05-08 06:28 | Report Abuse

In 2019 TAE had earnings per share of 8.58 cts yet pay only 1 ct dividend. So stingy despite got almost RM1.2bn cash!

stockraider

31,556 posts

Posted by stockraider > 2020-05-08 06:31 | Report Abuse

Remember that SC is likely to reject TA request for waiver loh..!!


Posted by stockraider > May 7, 2020 8:26 PM | Report Abuse X

Latest news....i heard from a learned friend...who says SC is likely to reject their waiver applications loh....!!

They do not want to tarnish the existing SC integrity mah....!!

csan

436 posts

Posted by csan > 2020-05-08 09:22 | Report Abuse

with their hotel assets, TAGB will go bust. those hotel assets cater mainly to corporate travel and high-end leisure travel....both of which will not recover anytime soon.

csan

436 posts

Posted by csan > 2020-05-08 09:23 | Report Abuse

bedakong116, no that's not correct. if accept share swap option, tiah will have to fork out 66sen unconditional MGO for TAE. and this time....everyone will accept...and he has no cash for this.

Posted by hopetobecorrect > 2020-05-08 09:26 | Report Abuse

csan, if tiah no money, why try to buy up tagb and finally tae and dirt cheap price with his snake scheme. he think SC his grandfather, suka suka submit and withdraw, even if tagb go bust much better. all the assets sell at 50% discount also worth more than 28 sen

stockraider

31,556 posts

Posted by stockraider > 2020-05-08 09:30 |

Post removed.Why?

csan

436 posts

Posted by csan > 2020-05-08 09:41 | Report Abuse

stockraider, lol did i say anything about you to call sochai? makes me wonder what happened to your trades haha

csan

436 posts

Posted by csan > 2020-05-08 09:48 | Report Abuse

oh.....just found out stockraider calls everyone who doesn't agree with him sohai. pushed netx said must buy at 2sen because extremely safe. lol

can judge for yourself whether he is a successful investor or young and immature investor. can also judge for yourself his SC "learned friend opinion".

stockraider

31,556 posts

Posted by stockraider > 2020-05-08 09:49 |

Post removed.Why?

luckypunting

1,930 posts

Posted by luckypunting > 2020-05-08 13:34 | Report Abuse

SC shud reject Tony request to withdraw the mgo ... play play ar like that ... when good time squeeze shareholders ....

c328

53 posts

Posted by c328 > 2020-05-09 12:29 | Report Abuse

the lowest dividend received from TA 0.01c

jlex11

536 posts

Posted by jlex11 > 2020-05-10 11:25 | Report Abuse

Sc should reject TT request . A precedent has been set by Bursa who reject Affin Bank reduction of the dividend payment.

In addition, TT has not shown good faith in this takeover offer. The Hotel operations of TAGB were close in March & April but on 10th April TAE still submit th application for additional listing application in relation to the proposal. By then, the Board would have known the impact of Covid 19 on the company. Why wait till the last Minute ie 6th May 2020 to announce the withdrawal . May 8th is th elast date to dispatch the Offer Documents .

jlex11

536 posts

Posted by jlex11 > 2020-05-10 11:28 | Report Abuse

If SC agree to the withdrawal it will set bad precedent to the integrity of the stock market and bad corporate governance. SC should stick to their gun and not to be intimated by TT. It time that Rules and Regulations be followed and not only apply when it favours teh Offerror.... time for the monority shareholders to take a stand and fight back ..

julian1981

900 posts

Posted by julian1981 > 2020-05-10 21:01 | Report Abuse

hope SC will share the good news with the minority investor. It's not fair if they listen to this cheapskates guy name TT.

Posted by Bedakong116 > 2020-05-11 11:43 | Report Abuse

As TT has tried to privatise TAE and TAG twice thru the various exercises then SC should allow him!!

stockraider

31,556 posts

Posted by stockraider > 2020-05-11 11:46 |

Post removed.Why?

mbge7clt

755 posts

Posted by mbge7clt > 2020-05-11 11:48 | Report Abuse

During good time, TT tried to privatize with lower price during crisis time, he pull back offer. So ungentlemanly and unfair to shareholders. SC needs to set the right message and defend shareholders rights.

stockraider

31,556 posts

Posted by stockraider > 2020-05-11 11:50 | Report Abuse

Broker motto ' My word is my bond'!!

Fuck this TT no standard as a BROKER loh....!!

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