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.

The Star Festive Promo: Get 35% OFF Digital Access

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 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

The parcel overhang
Zero abandoned homes�by�2030?
Unmasking housing market pricing abuses
Ringgit likely to trade cautiously next week ahead of key US data
Powering a new reinvestment cycle as demand surges
Up in Arms - or up the value chain?
Asia bonds for diversification
AI disruption fears rock markets
Private equity hits a sixer
Dubai luxe property keeps booming

Others Also Read