A company that was incorporated two years ago and taken public wishes to de-list since its shares are not traded at all in the market and the price has remained stagnant below the offer price

Accounting Nov 20, 2020

A company that was incorporated two years ago and taken public wishes to de-list since its shares are not traded at all in the market and the price has remained stagnant below the offer price. The promoters propose to offer a handsome exit price. The offer is valid.

(a) Yes (b) No