MYR 1.9 Billion Voluntary General Offer by Pharmora Investment Holdings Pte. Ltd., and Related Disposal of Shares in Apex Healthcare Berhad

Christopher & Lee Ong, member firm of Rajah & Tann Asia, acted for Dr Kee Kirk Chin and Apex Holdings (Pte) Ltd, two of the joint ultimate offerors in the conditional voluntary general offer by Pharmora Investment Holdings Pte. Ltd. to acquire all the ordinary shares in Apex Healthcare Berhad (“AHB”) for approximately MYR 1.9 billion. CLO also acted for WHSP Holdings Pty Limited, a substantial shareholder of AHB, in the disposal of its shareholding in AHB via the voluntary general offer. Partners Adrian Chee and Jacyn Phuah from the Mergers & Acquisitions Practice led the transaction.