DKSH Takeover Bid Rejected by Malaysia Unit Shareholders
DKSH Holding Ltd. said minority shareholders of DKSH Holdings (Malaysia) Berhad (DHMB) rejected its takeover offer at an extraordinary general meeting in Kuala Lumpur.
The company had submitted the offer in December 2025 through its subsidiaries to acquire the remaining 25.7% of DHMB shares held by minority shareholders, which would have increased its ownership from 74.3% to full control.
The proposed price of RM 6.15 per ordinary share represented a 16.7% premium to the last trading day prior to the offer. Non-interested directors had recommended that shareholders vote in favor of the proposal.
DKSH said it acknowledges the outcome and will evaluate potential next steps. The company added that DHMB operations will continue as usual and reaffirmed its long-term commitment to the Malaysia market.
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