Agreed to dumb888, almost 50% discount on NTA, better wind up and liquidate the company, then distribute the NTA to shareholders.

Go see FGV for reference.

relax... just wait for the annoucement on acceptance rate. If > 75% then hope no more.
If less than < 75%, the less the percentage, the higher the chances of up offer price.

Chapter 16 Suspension, De-Listing and Enforcement

16.06 Request for withdrawal

(1) Subject to paragraph 16.07, a listed issuer may not request to withdraw its listing from the Official List, unless -

(a) the listed issuer convenes a general meeting to obtain its shareholder or unit holder approval and a separate meeting for the approval of the holders of any other class of listed securities, if applicable and the circular sent to the shareholders or unit holders and the holders of any other class of listed securities includes the information set out in Part A of Appendix 16A. The draft circular must be submitted to the Exchange together with a checklist showing compliance with Part A of Appendix 16A;

(b) the passing of the resolution for the withdrawal of listing is subject to the following conditions:

(i) the resolution is approved by a majority of shareholders or unit holders and holders of any other class of listed securities, if applicable, in number, representing 75% of the total number of issued securities held by the shareholders or unit holders and other securities holders respectively, present and voting either in person or by proxy at each meeting; and

(ii) the number of votes cast against the resolution, if any, by each class of listed securities respectively, if applicable, is not more than 10% of the total number of issued securities held by the shareholders or unit holders and other securities holders respectively, present and voting either in person or by proxy at each meeting.
Where the constituent document of the listed issuer imposes a stricter condition in respect of the votes required to approve the withdrawal of listing, such stricter condition will apply in substitution of the foregoing provision;

(c) the shareholders or unit holders and holders of any other class of listed securities, if applicable, are offered a reasonable cash alternative or other reasonable alternative (“exit offer”); and

(d) the listed issuer appoints an independent adviser, which meets the approval of the independent directors, to advise and make recommendations for the consideration of the shareholders or unit holders and holders of any other class of listed securities, if applicable, in connection with the withdrawal of its listing as well as the fairness and reasonableness of the exit offer.

Will this be a trap? First set target 1.30, start unload in 1.21, 1.20, 1.19, 1.18, 1.17, let u gain more and more ... when the party ended, no 1.30

0.12/1.18 is about 10% gain, is it 10% is too little that people dont want small money? or something wrong in my calculation?

1.18 and dropping, RM1.30 - 1.18 = 0.12 guarantee gain? what's happened? any bro can explain?