What If Sime Is Forced To Do A MGO?

So much had been said about the shambolical Sime/E&O deal.So SC is reviewing the deal thoroughly. I could be wrong but that's something I don't see too often,

And yesterday Sime shares were spooked and Sime shares tumble on MGO worries.

Now let's think about it... I am not sure about you about I am certainly wondering about it. Ok, a MGO perhaps might be fair and it could benefit the minorities .... but then.....

Remember the Chairman? Yeah , And All The E&O Chairman Said Was 'He Was Not Aware .... '

Here's the so called transaction.

Changes in Director's Interest (S135) - Datuk Azizan Bin Abd Rahman

From that announcement he owns some 4,500,000 shares in E&O.

Just imagine... if Sime is forced to do the MGO.... errr.....

And then of course.... the conflict of interest .... the conflict of interest between SC Chairman and E&O Chairman....

Sigh.

Now this doesn't represent good corporate governance, does it?

And then...... what about the minority shareholders of Sime then? What would they be feeling if Sime is forced to make this MGO?