PETALING JAYA: Pharmora Investment Holdings Pte Ltd’s takeover offer in Apex Healthcare Bhd (AHB) has become unconditional as the former currently holds more than 90% of Apex Healthcare shares. In a notice issued by UOB Kay Hian (M) Sdn Bhd on behalf of the offeror, Pharmora has accumulated 671.77 million shares or a 92.98% stake in AHB. Last month, AHB received a conditional voluntary take-over offer from Pharmora to buy all outstanding shares in the former at RM2.64 a share. Pharmora Investment is a special purpose vehicle through which is held by joint ultimate offerors, Quadria Capital Fund III Holdings Pte Ltd (Quadria CFIII) and Dr Kee Kirk Chin who is a major shareholder, chairman and chief executive officer of AHB. The offerers do not intend to maintain the listing status of AHB on Bursa Malaysia.

Source: The Star December 23, 2025 10:15 UTC