15-01-2015, 05:19 PM
(15-01-2015, 01:56 PM)a74henry Wrote: I remember attending the AGM 2 or 3 years ago when one of the shareholders pointed out correctly that one of the newly appointed directors coming on board could imply a delisting. The management did well to keep this news under cover. Of course, at the current price and market conditions, it is a good time for companies like Popular to be delisted. Mr Chou could have paid a lower price by buying from the market quietly over time , however, I am glad that he did this fair action for the minority shareholders.
Hi, could you kindly enlighten as to why a "newly appointed director coming on board could imply a delisting"...