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29 Jan 2026
Circular/Notice to Shareholders
| Subject | CIRCULAR TO STOCKHOLDERS IN RELATION TO THE FOLLOWING: (I) PROPOSED ACQUISITION BY ORIENTAL HOLDINGS BERHAD ("OHB" OR THE "COMPANY") OF 100% EQUITY INTEREST IN NORTHAM GEORGETOWN SDN BHD FROM BOON SIEW SDN BERHAD FOR A CASH CONSIDERATION OF RM167.00 MILLION; (II) PROPOSED ACQUISITION BY FARQUHAR PROPERTIES SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF OHB, OF BAYVIEW HOTEL GEORGETOWN AND WISMA BOON SIEW FROM BOON SIEW SDN BERHAD FOR A CASH CONSIDERATION OF RM153.00 MILLION; AND (III) PROPOSED ACQUISITION BY NORTHAM LANGKAWI SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF OHB, OF BAYVIEW HOTEL LANGKAWI FROM BOON SIEW DEVELOPMENT SDN BHD FOR A CASH CONSIDERATION OF RM91.00 MILLION, WHICH TOTAL CASH CONSIDERATION SHALL AMOUNT TO RM411.00 MILLION (COLLECTIVELY REFERRED TO AS THE "PROPOSALS") |
Please refer attachment below.