KYM Holdings seeks shareholder approval for up to RM 33.5 million purchase of 70% Regen stake
Bitget2026/10/28 01:40- Independent valuer QuantePhi deemed KYM Holdings' proposed acquisition of 70% of Regen Healthcare for up to RM 33.5 million fair.
- Wholly owned KYM Healthcare will acquire 700,000 ordinary shares from Associate Prof. Dr. Rajesh Singh A/L Karnail Singh, who retains 30%.
- The cash consideration comprises RM 9.1 million upfront and up to RM 24.4 million tied to average 2026-2027 profit after tax.
- No earn-out is payable if average profit is RM 1.3 million or less; total consideration is capped at RM 33.5 million.
- The acquisition would diversify the manufacturing-focused group into healthcare, adding Regen's specialist clinic, two physiotherapy centers and ambulatory care center.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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