You are here

HOCK LOCK SIEW

A different spirit of the law in OSIM takeover

osim060516.jpg
You own some shares in a company. The founder wants to buy everybody out. You resist, claiming his price is too low.

YOU own some shares in a company. The founder wants to buy everybody out. You resist, claiming his price is too low.

But you cannot do much if the founder happens to also own such a big chunk of the company that he could - if he is able to quickly gather enough shareholders' acceptances