After almost 3 years, Frasers Property Ltd (SGX: TQ5) (FPL) is back with another delisting offer for Frasers Hospitality Trust (SGX:ACV) (FHT). Here we look at whether investors should support the delisting offer via a scheme of arrangement. We would suggest that readers read this in conjunction with our previous article on FHT here as FHT has not changed significantly in the last 3 years with no new assets as well as a stable net asset value. FPL is proposing to delist FHT at $0.71, just 1 cent higher than the offer 3 years ago. The method is via a scheme of arrangement, same as the previous delisting method. In 2022, the scheme of arrangement received 74.88% of the votes, just 0.12% short of the required votes of 75% to delist FHT. For the uninitiated, a scheme of arrangement means that FPL is seeking to either buy all shares not currently owned by them — or none at all. FPL needs 75% of non-interested shareholders to vote in favour of the deal....