b ) For TAGB ~ TA Enterprise Berhad ( 60.1748% ) ~ Datuk Tiah Thee Kian ( Direct 9.601% / Indirect 19.1223% ) ~ Mr. Tiah Joo Kim ( 5.003% ) ~ Datin Tan Kuay Fong ( Direct 0.1269% / Indirect 0.1861%)
Based on the statistic below, these major shareholders already controlling at least 75% of the total shares in TAGB
Total no of securities ( as at 27th Sept 2017 ) ~ TA Enterprise Berhad ( 60.1748% ) ~ Datuk Tiah Thee Kian ( Direct 9.601% / Indirect 19.1223% ) ~ Mr. Tiah Joo Kim ( 5.003% ) ~ Datin Tan Kuay Fong ( Direct 0.1269% / Indirect 0.1861%)
1) TAGB has better profit margin, lower PE which should be able to sustain share price uptrend 2) TAGB should improve on their Dividend payout to attract more instituition funds 3) TAGB should explore Shopping Mall development at prime location for more rental income 4) TAGB should bring down the gearing on par with IOIPG at least
Gearing should be coming down soon. Little bay I believe was sold to do just that. Pay off some debt. Increase funds for further investing. More likely to buy hotel.
Miss out below 2 Investments - Retail and office suites AT Subang Biz Centrefold (USJ 9) and USJ 10, PJ - 92% occupancy rate. - Atizo Plaza - 96% occupancy rate.
TAGB upcoming commercial development in the pipeline that add on to current property portpolio for recurring income:
1) MIXED COMMERCIAL DEVELOPMENT OPPOSITE KLCC A propsed integrated high-end commercial development consisting of two towers is located directly opposite the world-renowned Petronas Twin Towers. This project includes a luxury hotel, service residences and an upscale retail podium, which will be linked to out existing Menara TA One. - 1 Hotel - 1 Service Residence - 1 Shopping podium
2) MIXED COMMERCIAL, BUKIT BINTANG Consisting of a 5-star hotel, fashionable luxury residences, a Grade A office tower, and a lifestyle podium with alfresco F&B outlets, a banquet hall and boutique shops, this mixed commercial development sits on 3.3 acres of prime freehold land in Kuala Lumpur’s Golden Triangle - 1 Hotel - 1 Office Tower - 1 Shopping podium with F&B Outlets / Boutique Shops
PROPOSED DISPOSAL OF DEVELOPMENT PROPERTY LOCATED IN LITTLE BAY:
- AUD180 million bank borrowings will be utilised to repay the following bank borrowings to reduce the Group’s total bank borrowings of more than RM2 billion as at 30 September 2017 - The Group anticipates an interest saving of approximately AUD5.33 million (approximately RM17.64 million) per annum pursuant to the above repayments.
That is about additional EPS=0.33 annually
Hope some of that could translate into Dividend.... :p
b ) For TAGB ~ TA Enterprise Berhad ( 60.1748% ) ~ Datuk Tiah Thee Kian ( Direct 9.641% / Indirect 19.1223% ) ~ Mr. Tiah Joo Kim ( 5.003% ) ~ Datin Tan Kuay Fong ( Direct 0.1269% / Indirect 0.1861%)
b ) For TAGB ~ TA Enterprise Berhad ( 60.1748% ) ~ Datuk Tiah Thee Kian ( Direct 9.681% / Indirect 19.1223% ) ~ Mr. Tiah Joo Kim ( 5.003% ) ~ Datin Tan Kuay Fong ( Direct 0.1269% / Indirect 0.1861%)
b ) For TAGB ~ TA Enterprise Berhad ( 60.1748% ) ~ Datuk Tiah Thee Kian ( Direct 9.749% / Indirect 19.1223% ) ~ Mr. Tiah Joo Kim ( 5.003% ) ~ Datin Tan Kuay Fong ( Direct 0.1269% / Indirect 0.1861%)
b ) For TAGB ~ TA Enterprise Berhad ( 60.1748% ) ~ Datuk Tiah Thee Kian ( Direct 9.817% / Indirect 19.1223% ) ~ Mr. Tiah Joo Kim ( 5.003% ) ~ Datin Tan Kuay Fong ( Direct 0.1269% / Indirect 0.1861%)
b ) For TAGB ~ TA Enterprise Berhad ( 60.1748% ) ~ Datuk Tiah Thee Kian ( Direct 9.854% / Indirect 19.1223% ) ~ Mr. Tiah Joo Kim ( 5.003% ) ~ Datin Tan Kuay Fong ( Direct 0.1269% / Indirect 0.1861%)
b ) For TAGB ~ TA Enterprise Berhad ( 60.1748% ) ~ Datuk Tiah Thee Kian ( Direct 9.895% / Indirect 19.1223% ) ~ Mr. Tiah Joo Kim ( 5.003% ) ~ Datin Tan Kuay Fong ( Direct 0.1269% / Indirect 0.1861%)
NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN THAT an Extraordinary General Meeting of TA Global Berhad (“TA Global” or “Company”) will be held at 3rd Floor, Wisma TA, No. 1A Jalan SS 20/1, Damansara Utama, 47400 Petaling Jaya, Selangor Darul Ehsan on Wednesday, 22 November 2017 at 11.00 a.m., for the purpose of considering and if thought fit, passing with or without modifications, the following resolution:
ORDINARY RESOLUTION PROPOSED DISPOSAL OF DEVELOPMENT PROPERTY LOCATED IN LITTLE BAY, NEW SOUTH WALES (“PROPERTY”), AUSTRALIA BY TA LITTLE BAY PTY LIMITED (“TALBPL” OR “OWNER”), A SUBSIDIARY OF TA GLOBAL TO KARIMBLA PROPERTIES (NO. 50) PTY LIMITED (“KPPL” OR “PURCHASER”), FOR A CASH CONSIDERATION OF AUD245,000,000 (EQUIVALENT TO RM794,020,500)
1408 Anzac Parade, Little Bay, New South Wales, 2036 Australia. Freehold Residential Land Land Area: 1,463,892 sq. ft. Land Held for Development 30/05/2014 - 545,707,410
Feeling kind of eeery!! TT always buy TAGB all the way to the quarterly announcement and also after announcement. But this time around he has stopped buying for 2 weeks now. Why ?
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Lele
523 posts
Posted by Lele > 2017-09-27 19:18 | Report Abuse
Tony Tiah acquired from the open market
Total no of securities ( as at 27th Sept 2017 )
a ) For TA
~ Datuk Tiah Thee Kian ( 31.778% )
~ Datin Tan Kuay Fong ( 0.3094% )
http://disclosure.bursamalaysia.com/FileAccess/viewHtml?e=2778393
b ) For TAGB
~ TA Enterprise Berhad ( 60.1748% )
~ Datuk Tiah Thee Kian ( Direct 9.601% / Indirect 19.1223% )
~ Mr. Tiah Joo Kim ( 5.003% )
~ Datin Tan Kuay Fong ( Direct 0.1269% / Indirect 0.1861%)
http://disclosure.bursamalaysia.com/FileAccess/viewHtml?e=2793446
http://disclosure.bursamalaysia.com/FileAccess/viewHtml?e=2793445