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REPLY TO UNUSUAL MARKET ACTIVITY

TAFI INDUSTRIES BERHAD

Type Reply to Query
Reply to Bursa Malaysia's Query Letter - Reference ID IQL-10112021-00002
Subject REPLY TO UNUSUAL MARKET ACTIVITY
Description
REPLY TO UNUSUAL MARKET ACTIVITY
Query Letter Contents

We refer to your Company’s announcement dated 10 November 2021 in respect of the aforesaid matter.

 

In this connection, kindly furnish Bursa Securities with the following additional information for public release:-

(a)   details of the corporate transaction that TAFI Industries Berhad is deliberating.

 

Please furnish Bursa Securities with your reply immediately.

 

 

Yours faithfully,

 

 

Listing

Regulation

 

c.c.: Market Surveillance Dept., Securities Commission Malaysia (via fax)

Reference is made to the announcement by TAFI Industries Berhad ("TAFI" or "Company") today titled “Letter Subject or Reference – Unusual Market Activity” and request from Bursa Malaysia Securities Berhad for additional information for public release in relation to details of the corporate transaction that TAFI is deliberating.

Further to the above, the Company wishes to clarify that the corporate transaction currently being contemplated involves a potential bonus issue exercise. However, TAFI wishes to reiterate that the said corporate exercise is still currently being deliberated and nothing has been confirmed or materialize at this juncture and as such TAFI shall only make the necessary announcement upon finalization of the same and after obtaining its board of directors’ approval for the corporate exercise.

Accordingly, investors are reminded to refer to the announcement(s) to be made by TAFI in due course on the status of the abovementioned corporate exercise.

This announcement is dated 10 November 2021.





Announcement Info

Company Name TAFI INDUSTRIES BERHAD
Stock Name TAFI
Date Announced 10 Nov 2021
Category General Announcement for PLC
Reference Number GA1-10112021-00057




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