Pharmora ups stake in Apex Healthcare


KUALA LUMPUR: Apex Healthcare Bhd announced that Pharmora Investment Holdings Pte Ltd has increased its stake in the company to 94.94% following an unconditional voluntary takeover offer.

In a filing with Bursa Malaysia, Apex Healthcare said the 94.94% stake represents 685.95 million shares as of yesterday.

“Notwithstanding the above, as announced on Dec 22, 2025, the offer will remain open for acceptances until 5pm on Monday, Jan 5, 2026,” it said.

Previously, Pharmora had secured 659.05 million shares, or a 91.22% stake, as at Dec 22, before acquiring an additional 3.08 million shares from the open market on Dec 23, raising its effective interest to 91.65%.

Pharmora is a special-purpose vehicle jointly held by Quadria Capital Fund III Holdings Pte Ltd and Dr Kee Kirk Chin, who is also Apex Healthcare’s major shareholder, chairman and chief executive officer. — Bernama

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

Next In Business News

Gulf IPO boom fizzles
Miniso helps rewrite toy sector story
Caught in the Fed’s crossfire
Converse bets on China for revival
RHB Bank stamps its mark�
THE DIGITAL BACKBONE THAT GREW WITH MALAYSIA
The bond conundrum
Where innovation meets tradition
Aijek’s sustainable second act
AI binge tests risk appetite

Others Also Read