delisting ?, page-24

Has the existing article been verified in any way, or are we all jumping at shadows? Anyway...

Compulsory acquisition can only happen if the buyer already owns at least 90% of the shares. Prior to that, they make an OFFER to existing shareholders to buy their shares. The existing shareholder then has the choice to accept or not. If you don't like the price, don't accept. Hopefully at least 10% of holders also don't accept, so no compulsory acquisition.

There is no way the company can just delist and not compensate existing shareholders, so no one needs to fear losing the value of their current LNC holding.

Moving to another bourse and giving existing shareholders an equivalent value of offshore shares would require a shareholder vote. The directors cannot just say one day, hey let's list on the HK exchange, and suddenly we're all holders of HK listed LNC shares.

As to why they'd do it...one reason would be to access deeper pockets that might only be able to invest in, for example, HK listed companies.