Hextar Retail takeover offer becomes unconditional after offerors pass 50% stake
The takeover offer for Hextar Retail Bhd has turned unconditional after the offerors and parties acting in concert secured 51.03% of the company's voting shares. The offer, first announced on Aug 10 at 43 sen cash per share, remains open for acceptances until Sept 29. The offerors intend to keep Hextar Retail listed on Bursa Malaysia's Main Market.