PETALING JAYA: DKSH Holding Ltd (DKSH), through its wholly owned unit DKSH Resources (M) Sdn Bhd (DKSH Resources), has submitted an offer to acquire the remaining 25.7% stake it does not own in DKSH Holdings (M) Bhd
(DHMB), with plans to delist the company from Bursa Malaysia.
In a statement, the Switzerland-based group said the proposed exercise will be undertaken via a selective capital reduction, which entails cancelling the shares held by minority shareholders in exchange for a cash repayment of RM6.15 per share.
