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Sedania to Acquire 51% Stake in Tanamera for RM8m

Sedania to Acquire 51% Stake in Tanamera for RM8m

Sedania将以800万令吉收购Tanamera 51%的股份
The Malaysian Reserve ·  2023/11/08 23:12

Sedania Innovator Bhd has proposed to acquire a 51% stake in Tanamera Group Sdn Bhd (TGSB), a premium personal care products and food supplements producer, for RM8.18 million in cash.

Sedania Innovator Bhd提议以818万令吉的现金收购优质个人护理产品和食品补充剂生产商Tanamera集团私人有限公司(TGSB)51%的股份。

The acquisition involves a conditional shares sale agreement to acquire 4.35 million shares in TGSB and a conditional subscription agreement to subscribe for an additional 3.4 million shares, making TGSB a 51%-owned subsidiary of Sedania.

此次收购涉及一项收购TGSB435万股股份的有条件股票销售协议,以及一项额外认购340万股股份的有条件认购协议,使TGSB成为Sedania持股51%的子公司。

The deal is expected to be completed by the first quarter of the next year.

该交易预计将于明年第一季度完成。

Tanamera specialiSes in natural body care products, and this strategic alliance is aimed at capturing a larger share of household spending and expanding Sedania's role in sustainable healthcare.

Tanamera专门生产天然身体护理产品,该战略联盟旨在获得更大的家庭支出份额,并扩大Sedania在可持续医疗保健中的作用。

The move is expected to benefit both companies, allowing them to strengthen their positions and improve their offerings.

预计此举将使两家公司受益,使他们能够巩固其地位并改善其产品。

Tanamera reported a net loss of RM160,783 for the financial year ended December 31, 2022.

Tanamera报告称,截至2022年12月31日的财政年度的净亏损为160,783令吉。

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