Compulsory acquisition is at 90% delisting is another issue. Someone posted details of what is required for a delisting. From recollection, one of the requirements to avoid delisting is for there to be over 500 shareholders.
Given that Wah Nam have been through the share register with a fine tooth comb and given the number of sellers on market, I don't have much hope of the register remaining above 500 shareholders.
BRM Price at posting:
$2.15 Sentiment: None Disclosure: Held
