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News by THEEDGEMARKETS.COM

Tony Tiah’s unconditional mandatory takeover offer on TA Enterprise deemed not fair but reasonable

In 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

14 January, 2021

NCCIM urges govt to provide financial relief to support SMEs

“Businesses, especially SMEs, small traders, retailers as well as the travel and tourism sectors would have to endure tough sales during this festive celebration and incur cash flow problems as some have already stocked up goods ahead of the festive season.”

14 January, 2021
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