Submitting Merchant Bank
:
-
Company Name
:
TURIYA BERHAD
Stock Name
:
TURIYA  
Date Announced
:
15/01/2013


Type
:
Announcement
Subject
:
PUBLIC SHAREHOLDINGS SPREAD

Description
:
TURIYA BERHAD ("TURIYA" or "the Company")
- Non-Compliance With the Public Shareholding Spread Requirement Pursuant To Paragraph 8.02 of The Main Market Listing Requirements Of Bursa Malaysia Securities Berhad

Announcement Details/Table Section :


The Board of Directors of Turiya wishes to announce that Bursa Malaysia Securities Berhad ("Bursa Securities") had on 14 January 2013 rejected its application for a further extension of time of six months to comply with the public shareholding spread.

In accordance with the Record of Depositors of Turiya as at 31.12.2012, the public shareholding spread was 22.46% held in the hands of 4,593 public shareholders.

At this juncture, the Company is unable to formulate any rectification plan to address the shortfall in the required public shareholding spread due to the depress market price, nevertheless the Company will endeavor to formulate a plan and explore steps to increase the liquidity of its shares in the meantime an appeal will be submitted to Bursa Malaysia Securities Berhad to seek an extension of time to comply with the Required Public Shareholding Spread.

This announcement is dated 15 January 2013.



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