ORIENT

7.300

+0.19 (+2.7%)

Circular/Notice to Shareholders

ORIENTAL HOLDINGS BERHAD

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.



Announcement Info

Company Name ORIENTAL HOLDINGS BERHAD
Stock Name ORIENT
Date Announced 29 Jan 2026
Category Document Submission
Reference Number DCS-29012026-00007