Acquiring Company
Hextar Portfolio Sdn Bhd
Acquired Company
Hextar Retail Bhd
SelangorMalaysiaAngel InvestmentE CommerceGroceryRetailDescription
Hextar Portfolio Sdn Bhd has announced a takeover offer to acquire all remaining shares of Hextar Retail Bhd for RM0.43 per share. The offer is conditional upon receiving valid acceptances for over 50% of Hextar Retail’s voting shares. This offer represents a significant premium over recent trading prices, and the acquisition process is expected to maintain Hextar Retail’s listing on Bursa Malaysia.
M&A Insights
Based on deal dataFrequently asked
Who acquired Hextar Retail Bhd?
Hextar Retail Bhd was acquired by Hextar Portfolio Sdn Bhd, based in Selangor. The deal was reported on August 10, 2026. Hextar Portfolio Sdn Bhd is involved in investment and acquisition activities. The company focuses on enhancing its portfolio through strategic acquisitions. Hextar Portfolio Sdn Bhd is privately held and operates in Angel Investment.
When did Hextar Portfolio Sdn Bhd acquire Hextar Retail Bhd?
Hextar Portfolio Sdn Bhd's acquisition of Hextar Retail Bhd was reported on August 10, 2026. Hextar Portfolio Sdn Bhd has announced a takeover offer to acquire all remaining shares of Hextar Retail Bhd for RM0.43 per share. The offer is conditional upon receiving valid acceptances for over 50% of Hextar Retail’s voting shares. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Hextar Retail Bhd do?
Hextar Retail Bhd operates in the retail sector in Malaysia. The company is engaged in selling a variety of products to consumers. It aims to provide quality goods and enhance customer experience. It is privately held, operating in E Commerce, and is based in Malaysia.