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-- 74.420 
Aelios unfair value
Net asset value of Suntec $2.10 and Aelios only offer $1.16 to buy from retail investors. This is ~45% discount.This is totally unfair price to all retail investors. Aelios company is owned by SingHaiYi group, the Gordon Tang husband and wife duo. 2 years ago they used the same tactic to buy ChipEngSeng CES shares at ~30% of its net asset value and then delisted the company CES. Now you can search in the news CES is being torn apart, broken up and sold part by part with SingHaiYi group realising the full asset value of CES subsidiary companies. It is the retail investors who lose out in the CES delisting. If Suntec falls in the hands of this Tang family again, the retail investors will lose out big time again. I hope all retail investors DO NOT accept this ridiculous cheap offer of $1.16.
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101756846 : Who gets to vote against this?
SGWarrior : It's just going through the legal procedures, no one will accept it, and it will not be delisted. The major shareholder has already explained.
103179633 OP SGWarrior : The single biggest shareholder is now Gordon Tang and company at 31% They just need to buy another 19.01% to takeover Suntec REIT. After which they will definitely delist since Suntec REIT is much valuable when broken up and sold off buildings by buildings.
SGWarrior 103179633 OP : 退市需要90%以上的股东同意，可不是51%就能为所欲为哦.
broad-minded Fox_546 SGWarrior : No de-listing for now , once they become the major shareholders u have no say. I don’t trust .