Tan Sri Hii Chii Kok made an offer to acquire remaining 46.91% stake in SEG International Bhd (KLSE : SEG) for MYR 260 million on April 30, 2024. The offer is made for a cash consideration of MYR 0.45 per offer share. Tan Sri Hii Chii Kok and Dennis Ling Sie Hieng have made a compulsory acquisition offer to acquire all the shares ofSEG.

The offer will close no later than 60 days from April 30, 2024. AmInvestment Bank Berhad acted as the financial advisor to Tan Sri Hii Chii Kok and Dennis Ling Sie Hieng. MainStreet Advisers Sdn Bhd has been appointed as the as the independent adviser to provide comments, opinions, information and recommendation on the Offer to the non-interested directors of SEG and the holders of the offer shares.