According to the revised Malaysian Code on take-over and Merger 2016 , thé code sets out 12 general rules to be observed and complied with by all persons engaged in any take-over or merger transaction . Code 2 reads:
" The acquirer or offer or and the offeree's board of directors must act in good faith in observing the general principles in the Code and any SC guidelines, directions , practice notes and ruling. All shareholders must NOT be oppressed or disadvantaged by the treatment and conduct of the acquirer or offeror or of the offeree'a board of directors."
Can minority shareholders who feel oppressed and disadvantaged use this new code to appeal to SC to stop the deal? Please give your valuable opinions .