By Stephanie Jacob
In this three-part series, KiniBiz looks at the issue of indiscriminate delisting and relisting on Bursa Malaysia, often delisting at low valuations and returning at higher prices. Underlying the often unfair practice is whether minorities are left cold in terms of participating in the upsides from successful turnaronds. Are regulators doing enough to protect minorities’ rights in the face of overwhelming power in the hands of the majority? In a commentary KiniBiz looks at what can be done to prevent abuse of the minorities.
Issues
#1
There is a worrying pattern of delisting and relisting on Bursa Malaysia that calls into question the protection of long-term investors. The tendency is to delist at low valuations and relist at ...
#2
As it stands, all the power seems to be with the big investors; those who have the ability to finance takeover deals at any time. But what about the long-term investor? What happens to them when ...
#3
By the Securities Commission’s and Bursa Malaysia’s rules, none of the companies covered over the past two days have done anything wrong. The problem is the current regulations are not stringent ...
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