Lian Beng (SGX:L03) management, who are also major shareholders, have proposed an offer of S$0.62 per share to acquire all outstanding shares not currently owned by them. At the time of the offer, the major shareholders of Lian Beng collectively hold 69.56% ownership of the company. The management’s intention is to delist Lian Beng from the stock exchange. This decision was made based on the belief that the company does not need to raise funds from the capital markets and it would be imprudent to pay listing fees. Additionally, the low trading volume of its shares suggests a lack of investor interest, further validating the decision to delist. This is a common issue faced by numerous companies listed on the SGX, particularly small and medium-sized enterprises. Due to the low trading volume of their shares, these companies often struggle to achieve fair valuation, which can prompt them to opt for delisting....