Maybe it will be deferred or have the issue price lowered.

The reason is maybe because Elon knows it's overvalued lol.

It's cheaper to raise more money when shares are overvalued (e.g. you issue 1 share for $767 rather than issuing 1 share for $500). Another example of a company doing this is Beyond Meat. They did a second round of IPO right after their first because they know people wanted their shares badly.

Although it may have dilutive effect on EPS, this money received now can help finance investments and expand the company faster.

kelvinlym invested quite a lot into Tesla. Perhaps he can answer us

Privatised because bankrupt or?
You need to find a buyer (difficult to find). You may be able to sell back to the substantial shareholder.

Not sure about MAS but usually when privatised usually minority shareholders may be forced to let go their shares at the agreed price.
So, if you hold the shares and it was delisted, they will credit you the agreed price x no. of shares you hold into your bank account just as if it was a dividend.
But, you don't own the shares anymore.

As for MAS, the agreed price was RM0.27. Source: https://www.nst.com.my/news/2015/09/mas-last-trading-dec-12

I think you can refuse to sell but then you have more problem because shares of private company is harder to sell.
I'm not sure if you are entitled to future dividends but technically should have.

On the other hand, if you hold shares of troubled companies, it will show up in your Bursa statement as DELISTED forever.

I think you can ask Bursa for the shareholding certificate like this and you can frame it in your room (as a lesson)

I think got nothing left to give Didn't receive anything so far.

When companies delist, got 2 purpose:
1) Company very profitable for the price or undervalued to majority shareholder/shareholder wants to take control (especially family owned business)
2) Bankrupt

The 2 companies above is bankrupt/not doing well.
IIRC, Kenmark got hit with a scandal.

That statement is one of my family member's.
He said he was hoping the stock can turnaround. He has a lot of money to throw, so..
Many people like to gamble He didn't get anything anymore after they went delisted.
Similar to those holding Utusan shares.

Don't touch yet. Will fall further. Buy when fell 75% from the peak