Pharmora Raises Apex Healthcare Stake To 94.94 Pct In Takeover Offer

KUALA LUMPUR, Dec 30 (Bernama) -- Apex Healthcare Bhd announced that Pharmora Investment Holdings Pte Ltd has increased its stake in the company to 94.94 per cent following an unconditional voluntary takeover offer.

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

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

Previously, Pharmora had secured 659.05 million shares, or a 91.22 per cent 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 per cent.

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