TA Enterprise could see some trading interest following the latest development in its corporate exercise which includes the listing of TA Global.
TAE had proposed to distribute up to 950.52 million shares and all the ICPS held by TAE (amounting to 1,215,363,632 ICPS) via dividend-in-specie. The proposed dividend-in-specie will involve a reduction of TAE’s retained profits only.
In its earlier announcement in September last year, TAE proposed to distribute up to 950.52 million shares and all the ICPS held by TAE which will involve a reduction of TAE’s share capital and share premium.
No comments:
Post a Comment