External broker reports(aggregated public sources), TA Securities Holdings Berhad

TA Securities Holdings Bhd

TA Securities Holdings Berhad (TASH) was incorporated in Malaysia on 1 July 1973 and is a wholly-owned subsidiary of TA Enterprise Berhad which is listed on the Main Market of Bursa Malaysia Securities Berhad (BMSB). Currently, the company has an issued and paid-up share capital of RM250 million.

Content available is external broker reports authored by a third party outside the Smartkarma network and has been aggregated by an online aggregator through publicly available sources and is displayed by Smartkarma in this format for user's convenience and general informational purposes only.  Content does not constitute investment or financial advice and Smartkarma makes no representation or warranty regarding its accuracy or contents. Original third party author retains all copyright and other proprietary rights in the content. Access or use of third party links not controlled by Smartkarma are at the user's own risk.

External broker reports(aggregated public sources)

TA Securities Holdings Berhad

TA Securities Holdings Berhad (TASH) was incorporated in Malaysia on 1 July 1973 and is a wholly-owned subsidiary of TA Enterprise Berhad which is listed on the Main Market of Bursa Malaysia Securities Berhad (BMSB). Currently, the company has an issued and paid-up share capital of RM250 million. 

Content available is external broker reports authored by a third party outside the Smartkarma network and has been aggregated by an online aggregator through publicly available sources and is displayed by Smartkarma in this format for user's convenience and general informational purposes only. Content does not constitute investment or financial advice and Smartkarma makes no representation or warranty regarding its accuracy or contents. Original third party author retains all copyright and other proprietary rights in the content. Access or use of third party links not controlled by Smartkarma are at the user's own risk.

Equity Bottom-Up

<ul><li>Dato' Seow Gim Shen, Metaco Asset Holdings Sdn Bhd (Metaco), and Bemas Holdings Sdn Bhd (Bemas) have acquired a total of 92.3mn ordinary shares in REXIT, representing 53.3% of the total issued shares from 3 existing shareholders namely Rexit Ventures Sdn Bhd, Global Hartabumi Sdn Bhd, and the group’s chief executive officer Datuk Chung Hon Cheong, for a total cash consideration of RM78.4mn or 85.0sen/share via direct business transactions.</li><li>As a result, it triggers a mandatory general offer (MGO) to acquire all the remaining shares at a cash consideration of 85.0sen/share.</li><li>The offer is not conditional upon any minimum level of acceptance of the offer shares. </li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

Dato' Seow Gim Shen, Metaco Asset Holdings Sdn Bhd (Metaco), and Bemas Holdings Sdn Bhd (Bemas) have acquired a total of 92.3mn ordinary shares in REXIT, representing 53.3% of the total issued shares from 3 existing shareholders namely Rexit Ventures Sdn Bhd, Global Hartabumi Sdn Bhd, and the group’s chief executive officer Datuk Chung Hon Cheong, for a total cash consideration of RM78.4mn or 85.0sen/share via direct business transactions.As a result, it triggers a mandatory general offer (MGO) to acquire all the remaining shares at a cash consideration of 85.0sen/share.The offer is not conditional upon any minimum level of acceptance of the offer shares. Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Rexit Berhad - Emergence of New Major Shareholders that Triggers MGO

Rexit Bhd

Rexit Berhad - Emergence of New Major Shareholders that Triggers MGO