Hong Seng acquires 32.61% stake in Classita


KUALA LUMPUR: Hong Seng Consolidated Bhd has acquired 402 million shares or 32.61% in Classita Holdings Bhd for RM60.31mil or 15 sen a share in an off-market deal.

The healthcare group with interest in glove making, financial services as well as medical and healthcare-related supply chain management said the stake accounted for 15.53% of its consolidated net assets.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

DIY homes: A growing trend
Why speculation hurts homebuyers
More fresh paint forl aneways
Ringgit likely to trade within 4.04-4.07 range next week
China equities set to shine
Banks snatch up mortgage bonds
Thai auto gears up, bumps and all
Offering luxury for less
Markets look beyond Venezuela shock
EV dreams, petrol reality

Others Also Read