Kuala lumpur: Apex Healthcare Bhd has announced that Pharmora Investment Holdings Pte Ltd has increased its stake in the company to 94.94% following an unconditional voluntary takeover offer. This development was disclosed in a recent filing with Bursa Malaysia, which noted that the 94.94% stake now encompasses 685.95 million shares. According to BERNAMA News Agency, the takeover offer will remain open for acceptances until 5 pm on Monday, January 5, 2026, as previously announced on December 22, 2025. Initially, Pharmora secured 659.05 million shares, representing a 91.22% stake as of December 22. Subsequently, the company acquired an additional 3.08 million shares from the open market on December 23, raising its effective interest to 91.65%. Pharmora is a special-purpose vehicle jointly held by Quadria Capital Fund III Holdings Pte Ltd and Dr. Kee Kirk Chin, who serves as Apex Healthcare's major shareholder, chairman, and chief executive officer.