Acquiring Company
Hextar Portfolio Sdn Bhd
Acquired Company
Hextar Retail Bhd
Description
Hextar Portfolio Sdn Bhd has triggered a mandatory takeover offer for Hextar Retail Bhd after raising its stake to 35.42%. The offer price is set at 43 sen per share following a previous conditional voluntary offer. The terms of the offer aim to maintain Hextar Retail’s listing status on Bursa Malaysia.
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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 September 7, 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 September 7, 2026. Hextar Portfolio Sdn Bhd has triggered a mandatory takeover offer for Hextar Retail Bhd after raising its stake to 35.42%. The offer price is set at 43 sen per share following a previous conditional voluntary offer. 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.
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