TURIYA

0.275

-0.005 (-1.8%)

TAKE-OVERS & MERGERS (PARAGRAPH/RULE 9.19 (47A))

TURIYA BERHAD

Type Announcement
Subject TAKE-OVERS & MERGERS (PARAGRAPH/RULE 9.19 (47A))
Description
TURIYA BERHAD ("THE COMPANY" OR "TURIYA")
- UNCONDITIONAL MANDATORY TAKE-OVER OFFER BY MAA GROUP BERHAD ("MAAG" OR "OFFEROR") THROUGH MERCURY SECURITIES SDN BHD TO ACQUIRE ALL THE REMAINING ORDINARY SHARES IN TURIYA BERHAD NOT ALREADY HELD BY MAAG ("OFFER SHARES") AT A CASH OFFER PRICE OF RM0.18 PER OFFER SHARE ("OFFER")

Unless otherwise stated, the terms used herein have the same meaning as those defined in the announcements made in relation to the Offer.

 

We refer to the previous announcements made in relation to the Offer.

 

The board of directors of Turiya (“Board”) wishes to announce the Company had, on 12 July 2021, received a letter from Mercury Securities Sdn Bhd, on behalf of the Offeror informing that the Securities Commission Malaysia (“SC”) had vide its letter dated 12 July 2021, approved the application made by Mercury Securities Sdn Bhd on behalf of the Offeror, on the extension of time to despatch the Offer Document, within 3 market days after the after the sealed order confirming the lapse or setting aside of the interim Injunction or Injunction, as the case may be, is received by MAAG, or within 2 market days after the SC has notified that it has no further comments on the Offer Document, whichever is later.

 

In addition, the Board wishes to announce that the SC had vide its letter dated 12 July 2021 approved the application made by DWA Advisory Sdn Bhd, on behalf of the Company, on the extension of time to submit the draft Independent Advice Circular in relation to the Offer, within 1 market day from the SC’s notification that it has no further comments on the Offer Document.

 

This announcement is dated 12 July 2021.






Announcement Info

Company Name TURIYA BERHAD
Stock Name TURIYA
Date Announced 12 Jul 2021
Category General Announcement for PLC
Reference Number GA1-09072021-00097