Next privatisation stocks?

Neratel privatisation failed!  Amazing.....

JULY 6 The Scheme was not approved by a majority in number of Shareholders AND 75% in value of the Shares voted at the Scheme Meeting.

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hmmm... i thought as long as the number of shares supporting is enough will be considered as passed? so what is the correct standard? coz in some EGMs, when the directors cannot get the resolution passed in voting by hand, they will changed to voting by poll which is based on the shares held and normally the resolution will be passed...

Meiban privatization next to fail? I think so as it is steep discount to NAV

Hello, why do you say Meiban privatisation will fail? Is this offer subject to shareholder approval at an EGM as in the case of NeraTel? Or it's straightforward --- if the offer acquires not less than 90%, then Game Over?

Holy cow! Meiban's case also involves an EGM where shareholders can vote on the privatisation offer. JJust like NeraTel's case. However, for k1 Ventures, it's the plain vanilla offer whereby anything above 90% it's game over -- compulsory acquisition of all remaining shares