DKSH Initiates Full Takeover of Subsidiary DHMB

DKSH Holding Ltd. has initiated a full takeover of its subsidiary, DKSH Holdings (Malaysia) Berhad (DHMB), through its fully owned subsidiary DKSH Resources. The plan involves acquiring the remaining 25.7% shares from minority shareholders to control 100% shareholding. This move is part of DKSH's strategy to simplify corporate structures and is set to result in DHMB's delisting from the Malaysian Stock Exchange.

The takeover will implement a Selective Capital Reduction (SCR) whereby minority shareholders receive RM 6.15 per share, a 16.7% premium over the previous closing price. DKSH's total cash outlay is approximately CHF 48.7 million. The DHMB has a current market capitalization of RM 830.9 million.

The proposal requires approval from DHMB's board, minority shareholders, and the Malaysian High Court. The completion of this process is anticipated by mid-2026.