Dato Cheah and Datin Soon made an offer to acquire 48.69% stake in Apollo Food Holdings Berhad (KLSE:APOLLO) for approximately MYR 230 million on December 18, 2023. AMINVESTMENT BANK BERHAD acted as financial advisor to Dato Cheah and Datin Soon. Maybank Investment Bank Berhad and UOB Kay Hian Securities (M) Sdn Bhd acted as financial advisor to Apollo Food Holdings Berhad (KLSE:APOLLO).

Dato Cheah and Datin Soon completed the acquisition of 27.11% stake in Apollo Food Holdings Berhad (KLSE:APOLLO) on January 29, 2024