Tony Tiah buying TA Enterprise shares from open market
KUALA LUMPUR: Datuk Tony Tiah Thee Kian (pic), who recently launched a mandatory general offer (MGO) at 66 sen per share for TA Enterprise Bhd , has been busy buying the firm’s shares from the open market.
A filing with Bursa Malaysia showed that Tiah bought 4.06 million shares for a total of RM2.66mil on July 6, 9 and 10.
He bought 2.50 million shares on July 6 for RM1.637mil and 1.36 million shares on July 9 for RM891.06mil and the following day, he purchased 200,000 units for RM131,000.
After the recent purchases, his direct shareholding in the company – which is involved in stockbroking and financial services; property development; and hospitality – has been raised to a total of 562.407 million shares or 32.85%.
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