if the majority shareholder intends to keep their existing holding and sold out the retail shareholders to keep their interest the same in the newly unlisted entity. Say at $2 matching cvc.. the retail shareholder (long term) will more or less 40% from the ipo price...
If that is the case, I would say very harsh and morally wrong...
if the word moral exists in this deal...
Ann: Suspension from Quotation, page-9
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$1.44 |
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