Company Name

:

TURIYA BERHAD
Stock Name

:

TURIYA  
Date Announced

:

13/01/2012


Type

:

Announcement
Subject

:

PUBLIC SHAREHOLDINGS SPREAD

Description

:

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

Announcement Details/Table Section :