DKSH announced that it has submitted an offer to fully take over its Malaysian subsidiary, DKSH Holdings (Malaysia) Berhad (DHMB), by acquiring the remaining 25.7% of shares held by minority shareholders. The offer was submitted through DKSH’s wholly owned subsidiary, DKSH Resources (Malaysia) Sdn Bhd.

The transaction would increase DKSH’s ownership in DHMB from 74.3% to 100%. As part of the proposal, DKSH intends to cancel the remaining shares through a selective capital reduction mechanism, which includes a proposed cash repayment of RM 6.15 per ordinary share held by minority shareholders. The offer price represents a premium to DHMB’s closing share price as of December 8, 2025.

DHMB has been listed on Bursa Malaysia since 1994. DKSH stated that, following completion of the transaction, it plans to delist DHMB from the Malaysian stock exchange as part of ongoing efforts to simplify company structures. The company noted that the proposed take-private transaction is not expected to impact current operations or its long-term commitment to Malaysia.

The transaction remains subject to several conditions, including approval by DHMB’s board of directors, acceptance by minority shareholders and a High Court order to implement the selective capital reduction. Subject to these approvals, DKSH expects the process to be finalized in the second or third quarter of 2026.

This news relates to ongoing developments in distribution strategies and corporate structuring within the global paint and coatings supply chain.