LATEST NEWS   The appointment of an independent audit firm is in line with the recommendations of the Prime Minister, the MACC, and the Special Committee HTF30 | FGV appoints independent audit firm to look into specific matters involving an entity with corporate ties to the group – FELDA | Teenage boy charged with murdering female student at Bandar Utama school has been acquitted, Shah Alam High Court orders him to be placed at Hospital Bahagia | PDRM Management director Datuk Seri Abdul Aziz Abdul Majid appointed Deputy Inspector-General of Police effective Sept 9 - Saifuddin | An investigation paper into allegations Menteri Besar of Negeri Sembilan was forced to sign an Instrument of Proclamation has been opened and is still in progress -- Saifuddin Nasution | 
MARKET • 14/09/2026 11:24 AM

Hextar Industries Falls After RM178 Mln Llaollao Deal Terminated

KUALA LUMPUR, Sept 14 (Bernama) -- Hextar Industries Bhd’s share price fell in early trading on Monday after its RM177.48 million deal to acquire a 51 per cent stake in the Malaysian master franchisee of llaollao frozen yoghurt was terminated.

At 10.31 am, Hextar Industries’ share price eased one sen to 77 sen, with 4.95 million shares traded.

In a filing with Bursa Malaysia on Friday, the company said its proposed acquisition of a 51 per cent equity interest in Woodpeckers Group Sdn Bhd for RM177.48 million in cash had fallen through after certain conditions of the deal were not fulfilled.

Ad Banner

It said the sale and purchase agreement (SPA), which was subsequently varied and supplemented by a supplemental agreement dated June 23, 2026, had lapsed.

-- BERNAMA

Ad Banner
Ad Banner

More News

Categories

Tags