Best World

[dreamybear]

While selective capital reduction is not a voluntary offer, but the ultimate goal that our Chairwomen want is to delist (after the capital reduction reduces the free float <10%) and so it needs a "fair and reasonable" offer to do so.

As per IFA, Chairwomen are been generous in their breakup fee a big contrast to those red/white folks in suits.

I am inclined to think that the candid Q&A during the earlier in-person AGM went well with shareholders, given the responses provided by the BOD. Sometimes, what is lacking is the opportunity to sit down at the same table to clarify things.

Based on the high approval % of the EGM resolutions(delisting), it looks like both OPMIs(most) and controlling have achieved a favorable outcome(endgame) :
https://links.sgx.com/FileOpen/BWIL%20An...eID=812299