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Corporate News

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.

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HongSengConsolidated , ClassitaHoldings , undergarments , propertydevelopment , construction , rightsissue , housing , investment

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