Fortis Healthcare Limited has informed the Exchange about announcement made by IHH Healthcare Berhad ( IHH ) dated November 11, 2025, on the Malaysian Stock Exchange (i.e. Bursa Malaysia) and SGX Stock Exchange regarding the Completion of Open Offer
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Fortis Healthcare has informed NSE about an announcement by its major shareholder IHH Healthcare Berhad dated November 11, 2025, confirming the completion of its Open Offer on Bursa Malaysia and SGX. IHH, which already held a significant stake in Fortis, had launched an open offer to acquire additional shares from public shareholders. The completion indicates IHH has now finished buying back shares from the open market at the offer price. This process consolidates IHH's ownership position in Fortis Healthcare. The exact post-offer shareholding percentage will be disclosed in IHH's detailed filings.
The completion of the open offer increases IHH's controlling stake in Fortis, reducing public float and potentially lowering trading liquidity. Existing shareholders who tendered shares benefit from the offer price, while those who did not may see limited near-term upside as the controlling shareholder tightens its grip.