Distribution of Shares Between Controlling & Non-Controlling Shareholders
Shareholders | Percentage of Shares | Number of Shares |
Controlling Shareholders | 51% | 14,856,300 |
Non-Controlling Shareholder | 49% | 14,273,700 |
Total Shares | 100% | 29,130,000 |
In the proposed scenario, the controlling shareholders will not want to lose any shares because of the controlling issues. Because of this the non-controlling shareholder will be the ones to lose some of their shares. With CPK’s case when repurchasing the shares from the non-controlling share, this repurchase which will be done by tender offer will lead to the controlling shareholders to have a significant number shares more than their counterparts and will have a marginal increase in company decisions.