going-private "transaction to acquire all of the outstanding ordinary shares not already owned by the Buyer Group"
- Can I refuse to sell and hold on to my share
- What are the protection for minority shareholders on Nasdaq in the above proposal
- Can fair contractual law protect the weak given;
- Buyer group owns 54% of the shares
- Has 90% of the voting rights
- Is listed in Cayman Island
- Offer price based on last 10 days of trading
- Offer price is 68% below listed price
- Company has been profitable prior to and since public listing in 2014
- Offer issued 4 weeks before financial year 2015 results