Description
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The Board of Directors of Turiya Berhad
("Turiya" or "the Company")
wishes to inform that Turiya has yet to comply with
the minimum 25% public shareholding spread
requirement pursuant to paragraph 8.02(1) of the
Bursa Malaysia Securities Berhad Main Market
Listing Requirements("Required Public Shareholding
Spread").
In accordance with the Record of Depositors of
Turiya as at 30.12.2011, the public shareholding
spread was 23.22% held in the hands of 4,764 public
shareholders. Further on 30.12.2011, one of the
substantial shareholder namely Mr Harichandra a/l
Chelliah has acquired 51,600 ordinary shares of
RM1.00 each (OS) of Turiya representing 0.02% of
the total shareholding of Turiya's OS.
Earlier Bursa Malaysia Securities Berhad had vide
its letter dated 28 June 2011, granted Turiya
extension of time of six (6) months from 1 July
2011 until 31 December 2011 to comply with the
public shareholding spread.
The Company is continuously exploring various
options available in order to comply with the
public shareholding spread which include, amongst
others, persuading its substantial shareholders to
place out part of their shares at an appropriate
time.In line with this, an application to Bursa
Malaysia Securities Berhad for further extension of
time to comply with the Required Public
Shareholding Spread has been made on
16.12.2011.
This announcement is dated 13.1.2012
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