There is an increasing trend where public listed companies would pursue the going private option.
This is particularly so when listed companies have failed after using share-buyback to boost up their share prices.
Incidentally in a very recent case, Penang printed circuit board maker GUH Holdings Bhd’s board opt for share buyback and announced that if this same does not work then their shareholders would consider going private as a plausible alternative solution(presently the market price did not reflect the company’s worth, as its current net tangible assets per share was estimated at RM1.22.)
The following major companies are in the midst of going private:

1. Maxis Communication Bhd,
2. Petaling Garden Bhd,
3. Island & Peninsular Bhd,
4. Berjaya Capital Bhd, Nexnews Bhd,
5. PPB Oil Palm Bhd, and
6. Malakoff Bhd

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