Who are these delisting standards for?

A law has been established that companies will be delisted if their market capitalization falls below a certain level this year and through next year.
The problem is that this law is not for minority shareholders, but for majority shareholders.
It is correct for companies that suffer perennial deficits and have assets less than their liabilities to be delisted,
but among the companies caught by that bill,
there are many "hidden gems"—meaning companies where the majority shareholder's stake is high
and assets are several times the stock price.
Furthermore, there is the issue of intentional stock price suppression to avoid taxes related to gift inheritance.
They intentionally neglect the company to force a deliberate delisting.
In that case, only retail investors lose everything, while majority shareholders
actually benefit by increasing their stakes at a low price and converting the company into a private one.
If you are going to create legislation, you should protect minority shareholders;
who is this law actually for?
To prevent majority shareholders from acting like thugs, legislation must be prepared to mandate the buyout of minority shareholders' holdings based on BPS
in cases of deliberate delisting, voluntary delisting, or delisting due to insufficient market cap.
I am truly frustrated because it feels like this administration and the ruling party always leave things half-finished.