Sound Global

[CityFarmer]

Think market price closing at $0.695 shows that most think e hurdle is not significant.
His concerted party together with bonds & warrants already exceed 75%; since its maintaining listing in HKSE even if his shareholding is to exceed 90%, thus the institutional shareholders are unlikely to vote against the deal (assuming they could maintain their shares & trade over HKSE).
-vested & personal opinion only-

I share the same view. There is no good reason for shareholders to reject the exit offer.

The exit offer is an important step, for the company to reform its capital structure, imo.

(vested)