Voluntary delistings: Need to better protect minority shareholders' interest

I REFER to the article "SGX mulls new rule to protect minority shareholders in delistings" (BT June 12). The article raises questions about whether the delistings thus far have been generally done on a low-ball price and whether the major shareholder should be allowed to vote on the delisting.

Delisting is a serious topic to shareholders as it could mean either an opportunity to take profit or as often is the case, a possibility that they are being arm-twist…