PETALING JAYA: Pharmora Investment Holdings Pte Ltd has succeeded in its takeover offer for Apex Healthcare Bhd
.
In a statement, UOB Kay Hian (M) Sdn Bhd said Pharmora and persons acting in concert have secured a 95.43% stake in Apex Healthcare at the close of the voluntary takeover offer on Monday.
The stake has exceeded the requisite 90% threshold to delist the pharmaceutical group from Bursa Malaysia.
UOB Kay Hian said Bursa Securities will suspend Apex Healthcare shares from trading from Jan 13, adding that Pharmora and its joint ultimate offerors will take the requisite steps to delist Apex Healthcare.
