Apex Healthcare says Kee family in exploratory talks, no firm deal in place
This follows an article published by The Edge Financial Weekly on July 21, titled "Kee Family could be exiting Apex Healthcare", which speculated on the possibility of the founding family's divestment from the company.
In a bourse filing today, Apex said chairman and chief executive officer Dr Kee Kirk Chin, speaking on behalf of his family's investment vehicles, stated that they are "periodically in discussions with industry players and external parties on potential collaborations."
"At this stage, no discussions have developed to an extent that justifies further comment," the company said.
It added that it would make the necessary announcements in compliance with Bursa Malaysia's Main Market Listing Requirements should any material development arise.
"Shareholders and investors are advised to exercise caution in trading the shares of the company," it said.
Trading in Apex Healthcare shares was halted between 9am and 10am today, pending the release of the company's clarification.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Malay Mail
6 days ago
- Malay Mail
Lee Kum Kee Supports the 2025 Asian Championship of World Chinese Cuisine
Where culinary elites are brought together to celebrate Asian gastronomy Wu Li, Vice President of the World Federation of Chinese Catering Industry (fifth from right), Samuel Cheng, Associate Director of Business Development of Hong Kong Trade Development Council (seventh from left), James Yap, Principal of Chinese Culinary Institute (sixth from left), representative from Lee Kum Kee and other guests join the grand opening of the competition. Chefs demonstrate their culinary skills by creatively incorporating Lee Kum Kee sauce products into their dishes. Dodie Hung, Executive Vice President – Corporate Affairs of Lee Kum Kee (seventh from left) presents 'Special Gold Award' to honour outstanding contestants for their culinary excellence. HONG KONG, CHINA - Media OutReach Newswire - 29 July 2025 - The 2025 Asian Championship of World Chinese Cuisine, organised by the World Federation of Chinese Catering Industry, was held on 26June 2025 at the Chinese Culinary Institute in Hong Kong, China. As the title sponsor, Lee Kum Kee provided contestants with its sauce products for use, empowering top chefs from across Asia in crafting exquisite dishes and compete for top marks the first time the competition being hosted in Hong Kong, China, drawing 70 teams of Chinese cuisine chefs from across Asia to showcase their culinary skills and foster expertise exchange. Each team was tasked with preparing one cold dish and two hot dishes within 90 minutes. A panel of professional judges evaluated the entries based on taste, creativity, presentation, and the competition, the chefs tactfully incorporated a variety of Lee Kum Kee sauces into their creations, demonstrating the versatile applications of the brand's sauce products in professional settings. The event also served as a valuable platform for chefs to connect, exchange ideas, and elevate their culinary the one-day intense battle, the results were revealed at the 'Lee Kum Kee Gala Dinner – 2025 Asian Championship of World Chinese Cuisine Awarding Ceremony'. The night brought together contestants, industry representatives and guests throughout Asia to enjoy a specially curated banquet featuring dishes made with Lee Kum Kee sauces and celebrate the achievements of winning 'Lee Kum Kee has always been working closely with culinary partners and chefs in supporting various cooking competitions and industry symposiums. We are thrilled to see chefs from across the region using our sauce products to curate delicious and innovative dishes in this prestigious competition. We look forward to continuing our collaboration with chefs to deliver superior Asian culinary experiences and promote Chinese culinary culture worldwide.'Hashtag: #LeeKumKee #LKK #AsianChampionshipofWorldChineseCuisine The issuer is solely responsible for the content of this announcement. About Lee Kum Kee Lee Kum Kee is the global gateway to Asian culinary culture, dedicated to promoting Chinese culinary culture worldwide. Since 1888, it has brought people together over joyful reunions, shared traditions, and memorable meals. Beloved by consumers and chefs alike, Lee Kum Kee's range of more than 300 sauces and condiments sparks creativity in kitchens everywhere, inspiring professional and home chefs to experiment, create, and delight. Headquartered in Hong Kong, China and serving over 100 countries and regions, Lee Kum Kee's rich heritage, unwavering commitment to quality, sustainable practices, and 'Constant Entrepreneurship' combine to enable superior experiences through Asian cuisine for people worldwide. For more information, please visit About Asian Championship of World Chinese Cuisine The Asian Championship of World Chinese Cuisine is organised by the World Federation Chinese Catering Industry, with execution by its International Master Chef Committee; co-organised by the Chinese Culinary Institute and Asia Art of Cuisine Society. This year marks the first time the competition is held in Hong Kong, China. The competition aims to establish a high-standard international platform for culinary exchange, promote the inheritance and innovation of Chinese culinary artistry, celebrate the spirit of craftsmanship in Chinese cuisine, and further elevate the influence of Chinese culinary culture globally.
The Star
22-07-2025
- The Star
Trading ideas: SunCon, Cahya Mata, Aneka, PJBumi, Atlan, Apex, FACB, Prolintas, Green Packet, Oxford Innotech, CLMT, United Plantations
KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia. Sunway Construction Group Bhd said one of its employees is being investigated by the country's anti-graft agency over engagements with unnamed sub-contractors. Cahya Mata Sarawak Bhd 's unit Cahya Mata Cement Sdn Bhd has awarded a RM673mn contract to Sinoma Industry Engineering (M) Sdn Bhd to build a new 6,000-tonnes-per-day clinker line at its Mambong Integrated Plant in Kuching. Aneka Jaringan Holdings Bhd has won a RM72.3mn contract to undertake piling works for a proposed data centre development in Eco Business Park V, Ijok, Selangor. PJBumi Bhd has clinched a contract for the supply of its ADiRA BioReactor technology to process up to 20 tonnes per day of municipal solid waste in Indonesia. Atlan Holdings Bhd is proposing to dispose of its entire issued and paid-up share capital in United Industries Holdings Sdn Bhd to Singapore-based Duty Free International Ltd for RM175mn. Apex Healthcare Bhd climbed to an eight-month high on Monday following news that the founding Kee family could be looking to exit the pharmaceutical company. FACB Industries Incorporated Bhd has received a privatisation offer worth RM134.2mn from Chen Yiy Fon, the son of its late founder. Prolintas Managers Sdn Bhd, the trustee-manager of Prolintas Infra Business Trust , has appointed Mohamad Idros Mosin as its chief executive officer effective Monday (July 21), filling a leadership vacuum that had been managed by an interim executive team since earlier this year. Green Packet Bhd has appointed Datuk Wira Shahul Hameed Shaik Dawood as its new managing director and group chief executive officer, effective Monday. Oxford Innotech Bhd's initial public offering has been oversubscribed by 3.4 times ahead of its listing on the ACE Market of Bursa Malaysia on July 29. Capitaland Malaysia Trust , which reported a 7.3% increase in net property income to RM138.8mn in the 1HFY25, remains positive on its prospects for the second half of this year, but has flagged uncertainties stemming from the expanded sales and service tax and electricity tariffs revision. United Plantations Bhd reported a 34.1% YoY jump in its second quarter net profit to RM249.4mn from RM185.9mn, driven by higher revenue.
New Straits Times
21-07-2025
- New Straits Times
Apex Healthcare says Kee family in exploratory talks, no firm deal in place
KUALA LUMPUR: Apex Healthcare Bhd has clarified that while its founding Kee family is engaged in exploratory discussions with industry players, there are currently no firm developments to report regarding a potential exit. This follows an article published by The Edge Financial Weekly on July 21, titled "Kee Family could be exiting Apex Healthcare", which speculated on the possibility of the founding family's divestment from the company. In a bourse filing today, Apex said chairman and chief executive officer Dr Kee Kirk Chin, speaking on behalf of his family's investment vehicles, stated that they are "periodically in discussions with industry players and external parties on potential collaborations." "At this stage, no discussions have developed to an extent that justifies further comment," the company said. It added that it would make the necessary announcements in compliance with Bursa Malaysia's Main Market Listing Requirements should any material development arise. "Shareholders and investors are advised to exercise caution in trading the shares of the company," it said. Trading in Apex Healthcare shares was halted between 9am and 10am today, pending the release of the company's clarification.
