FREE: What does Maxis Communications Bhd, IOI Properties, Astro All Asia Networks plc and Seven Convenience have in common? All the companies have been listed, delisted and then relisted (some more than once) by their majority shareholders in the span of five years.
How the investing public loses from delisting
There is a worrying pattern of delisting and relisting on Bursa Malaysia that calls into question the protection of long-term investors. The tendency is to delist at low valuations and relist at high prices, preventing minority shareholders from participating in upsides from turnarounds. KiniBiz loo…