Hextar Industries RM177.48mil Woodpeckers deal falls through


KUALA LUMPUR: Hextar Industries Bhd’s proposed acquisition of a 51 per cent equity interest in Woodpeckers Group Sdn Bhd for RM177.48 million in cash has fallen through after certain conditions for the deal were not fulfilled.

In a filing with Bursa Malaysia today, Hextar Industries said the conditional share purchase agreement (SPA) entered into between the company and the vendors on Feb 12, 2026, had lapsed today.

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