KUALA LUMPUR (Dec 24): Apex Healthcare Bhd (KL:AHEALTH) announced on Wednesday that Pharmora Investment Holdings Pte Ltd has raised its effective stake in the company to 91.65% after the takeover bid turned unconditional on Dec 22. According to bourse filings on Wednesday, Pharmora secured 659.05 million shares, representing a 91.22% stake in Apex Healthcare as of Dec 22. It subsequently purchased another 3.08 million shares from the open market on Dec 23, raising its effective stake to 91.65%. On Dec 16, Pharmora and the parties acting in concert collectively held 88.02% of Apex Healthcare’s equity, falling short of the compulsory takeover threshold of 90%. The offerers do not intend to maintain Apex Healthcare’s listing status.

Source: The Edge Markets December 24, 2025 10:42 UTC