Additional Listing Announcement /Subdivision of Shares
| TA ENTERPRISE BERHAD |
1. Details of Corporate Proposal |
|
| Involve issuance of new type/class of securities ? | No |
| Types of corporate proposal | Acquisitions |
| Details of corporate proposal | ACQUISITION OF ADDITIONAL INTEREST IN TA GLOBAL BERHAD ("TAG") VIA A VOLUNTARY TAKE-OVER OFFER ("VGO") BY TA ENTERPRISE BERHAD ("TAE" OR "OFFEROR") TO ACQUIRE UP TO 2,119,389,362 ORDINARY SHARES IN TAG ("OFFER SHARES"), REPRESENTING UP TO 39.83% EQUITY INTEREST IN TAG, FOR A CONSIDERATION OF RM0.28 PER OFFER SHARE WHICH SHALL BE SATISFIED BY WAY OF THE CASH OPTION OR THE SHARE EXCHANGE OPTION |
| No. of shares issued under this corporate proposal | 190,322 |
| Issue price per share ($$) | Malaysian Ringgit (MYR) 0.6550 |
| Par Value($$) (if applicable) | |
Latest issued share capital after the above corporate proposal in the following |
|
| Units | 2,496,635,994 |
| Issued Share Capital ($$) | Malaysian Ringgit (MYR) 2,289,113,078.270 |
| Listing Date | 12 Mar 2021 |
| Remarks : |
The 190,322 TAE Shares were issued and allotted pursuant to the shareholders' notices received by the Offeror on 26 February 2021 from shareholders of TAG who opted for the share exchange option in relation to the notice to shareholders of TAG who have not accepted the VGO dated 18 December 2020 issued by the Offeror pursuant to Section 223(2) of the Capital Markets and Services Act 2007. |
Announcement Info
| Company Name | TA ENTERPRISE BERHAD |
| Stock Name | TA |
| Date Announced | 11 Mar 2021 |
| Category | Additional Listing Announcement /Subdivision of Shares |
| Reference Number | ALA-09032021-00014 |