AJINOMOTO’S proposal to take its Malaysian arm private is more than a delisting story.
It is a warning shot for Bursa Malaysia and for listed company boards that have grown too comfortable watching their stocks become invisible to investors.
Ajinomoto (Malaysia) Bhd
is a legacy name on Bursa Malaysia, not a passing foreign listing.
As one of the earliest Japanese companies to set up operations in the country, its presence on the local stock exchange spans more than five decades.
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