CPAXT completes acquisition of Malaysia's The Food Purveyor at 100%

M&A · Partnership
โดย Kaohoon·THMY·Read original
Summary · why it matters

CP Axtra, or CPAXT, announced the successful acquisition of all ordinary shares of The Food Purveyor Sdn. Bhd. in Malaysia. The transaction was completed on September 1, 2026, after the parties fulfilled all conditions precedent and obtained approvals from relevant regulatory authorities. The acquisition was carried out through Lotuss Stores (Malaysia) Sdn. Bhd., a subsidiary in which CPAXT holds an indirect 100% stake. As a result, The Food Purveyor became an indirect subsidiary of CPAXT from that date, strengthening the group's retail business in the region.

Impact on stocks 1

Consumer Staples▲ · 1 stocks

Off-coverage companies 2

The Food PurveyorPrivate▲ Positive
Capitalrelevance

The Food Purveyor was fully acquired by CPAXT and became an indirect subsidiary.

Lotuss Stores (Malaysia)Private▲ Positive
Capitalrelevance

Lotuss Stores (Malaysia), CPAXT's subsidiary, carried out the acquisition of The Food Purveyor.

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