TA’s bid to withdraw takeover offer for TA Global may hurt minorities


Minority Shareholders Watch Group chief executive officer Devanesan Evanson (pic) said there must be a certain element of certainty in the market when it comes to corporate actions

PETALING JAYA: TA Enterprise Bhd’s (TAE) application to withdraw its voluntary takeover offer for TA Global Bhd (TAG) shares, if allowed, is unfair to minority shareholders and could lead to more withdrawals of corporate proposals that’s been announced.

Minority Shareholders Watch Group chief executive officer Devanesan Evanson said there must be a certain element of certainty in the market when it comes to corporate actions

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