KUALA LUMPUR: Minority shareholders in TA Enterprise Bhd
(TAE) should accept Datuk Tony Tiah Thee Kian (pic) buyout offer, as it is higher than the company’s prevailing price in the stock market.
The buyout is also a chance for investors to exit the stockbroker and avoid the risk of holding shares in a “illiquid” counter, despite its cheap valuation.
“Shareholders who choose not to accept the offer may continue to hold their TAE shares and will have the opportunity to dispose of their TAE shares in the open market at the prevailing market prices, which can be higher or lower than the offer price, as long as TAE shares remain listed, ” DWA Advisory Sdn Bhd said.
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