Packaging and property billionaire Raphael Geminder is set to battle with minority shareholders as he seeks to delist Pact Group, after a failed $234 million takeover bid last year.

Pact said on Tuesday that it would hold an extraordinary general meeting on June 12 for a vote to delist, citing low liquidity in the stock and the costs of maintaining an ASX listing. Geminder holds 87.9 per cent of the company.