11-07-2024, 01:11 PM
Hi weijian,
The company have almost paid down all their debts taken to scale up their securities portfolio. Given that they could not further increase it and have to sell it down further to comply with listing rules, the next best thing to do is to delist the company in order to continue with their securities business, without any restrictions from listing rules.
I guess this might be the best chance for minorities to exit as well, given that the offer price is around NAV.
The company have almost paid down all their debts taken to scale up their securities portfolio. Given that they could not further increase it and have to sell it down further to comply with listing rules, the next best thing to do is to delist the company in order to continue with their securities business, without any restrictions from listing rules.
I guess this might be the best chance for minorities to exit as well, given that the offer price is around NAV.