(16-01-2019, 12:15 PM)ghchua Wrote: With the offeror managing to acquire more than 90% of LTC Corp shares out there, they have decided to exercise their rights to compulsory acquire the remaining shares out there from dissenting shareholders and delist the company.
https://links.sgx.com/FileOpen/01%20Libe...eID=540587
With that, it ends the long drawn episode of this takeover offer. Thank you, minorities. You have put up a good fight although we lost the battle in the end.
Usually the controlling shareholders win the game no matter how hard we fight against them . They list , they milk and take private when the hidden values become too great to be shared with the minority shareholders .