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What Is United Malacca's RM6.10 Takeover Offer, and Who Gets Compensation?

RaymondRates.my2 min read

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United Malacca Berhad’s takeover offer document went out to shareholders on Monday, opening a three-week window to accept Prosper Trading’s RM6.10-a-share cash bid. A compensation document for past sellers followed the same day.

RM6.10
Cash offer price
ref TEN-02112026-00001
2–23 Nov 2026
Acceptance period
closes 5pm, via Boardroom Share Registrars
RM6.08
Last traded
11.27am Monday, just under the offer

What does United Malacca’s RM6.10 offer document say?

  • RM6.10 cash per share, Prosper Trading’s offer for every share the Tee family doesn’t already hold (Bursa filing).
  • Acceptance period: 2–23 November 2026, closing 5pm via Boardroom Share Registrars.
  • Shares last traded at RM6.08, 11.27am Monday, just under the offer price.
A person walking along a path beneath a canopy of oil palm trees
United Malacca is a plantation group; Prosper Trading and the Tee family already control a majority stake before this offer. · Photo: Unsplash

Who can claim United Malacca’s compensation scheme?

  • Eligible: shareholders who held UMB shares on 26 September 2024 and sold any before 9 October 2026.
  • Payout is the difference between RM6.10 and their actual sale price, per share sold.
  • The scheme traces back to September 2024, when the Tee family’s stake first crossed the mandatory-offer threshold.

Track UMCCA on the Bursa heat list, or read our 14 October coverage of the trading halt that preceded this offer.

What to watch

  • 23 Nov 2026, 5.00pmOffer acceptance period closes, unless Prosper Trading extends it (offer document).
Not financial advice. This is general information on United Malacca Berhad’s (2593) take-over offer and compensation scheme, as of 2 November 2026. It is not a recommendation to accept, reject or trade the offer, and Rates.my does not issue price targets or forecasts. Confirm current terms with your broker or the offer document before acting.

Sources

Bursa filings (via KLSE Screener)

Data

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