The proposed privatisation of DKSH Holdings (M) Bhd (DKSH Malaysia) through a selective capital reduction (SCR) has been aborted after shareholders voted against the plan at an extraordinary general meeting (EGM).
In December 2025, DKSH Holding Ltd, via its wholly owned subsidiary DKSH Resources (M) Sdn Bhd, had offered to acquire the remaining 25.7% stake it does not already own, with the intention of delisting DKSH Malaysia from Bursa Malaysia.
In a filing with Bursa Malaysia, the company said the special resolution required to proceed with the SCR did not receive sufficient shareholder support at the EGM.
Poll results showed that 66.23% of shareholders by number and 87.47% by value voted against the resolution. Additionally, 38.8% of votes attached to shares held by disinterested shareholders were cast against the proposal, exceeding the threshold required to block the resolution.
As a result, the special resolution was not passed and the proposed privatisation will not proceed.
