Bursa Anouncements
Conditional Voluntary Take-over Offer
| Acceptance Condition (%) | 50.0000 |
| Description |
HEXTAR RETAIL BERHAD ("HEXRTL")
CONDITIONAL VOLUNTARY TAKE-OVER OFFER BY HEXTAR PORTFOLIO SDN BHD ("OFFEROR") THROUGH RHB INVESTMENT BANK BERHAD TO ACQUIRE ALL THE REMAINING ORDINARY SHARES IN HEXRTL (EXCLUDING TREASURY SHARES) WHICH ARE NOT ALREADY OWNED BY THE OFFEROR AND DATO' ONG CHOO MENG ("ULTIMATE OFFEROR") ("OFFER SHARES") FOR A CASH OFFER PRICE OF RM0.43 FOR EACH OFFER SHARE |
| Despatch Date | 01 Sep 2026 |
| Acceptance Period | 01 Sep 2026 to 22 Sep 2026 |
| Closing Date | 22 Sep 2026 |
| Closing Time | 05:00 PM |
Name of Offeror(s)
| Offeror | Listed on Bursa Malaysia |
HEXTAR PORTFOLIO SDN BHD |
No |
| Offer by Offeror(s) | Cash |
| Cash | |
| Offer Price Per Unit | Malaysian Ringgit (MYR) 0.4300 |
| Registrar or Service Provider name, address, telephone no |
ALDPRO CORPORATE SERVICES SDN BHD B-21-1, Level 21, Tower B Northpoint Mid Valley City No. 1, Medan Syed Putra Utara 59200 Kuala Lumpur Wilayah Persekutuan Malaysia Tel:0397702200 Fax:0322017774 |
Please refer attachment below.
Announcement Info
| Company Name | HEXTAR RETAIL BERHAD |
| Stock Name | HEXRTL |
| Date Announced | 01 Sep 2026 |
| Category | Take-over Offer |
| Reference Number | TEN-01092026-00001 |
| Corporate Action ID | MY260901TEND0001 |