22/06/2026
Ajinomoto (Malaysia) Bhd’s (AMB) parent company Ajinomoto Co Inc (Ajico) has proposed to privatise the food seasoning manufacturer via a selective capital reduction and repayment (SCR) exercise at RM20 per share.
In a filing with Bursa Malaysia today, AMB announced that its board of directors received a letter from Ajico today notifying it of the proposal.
The proposed exercise involves a capital repayment of RM603.4 million, or RM20 per share, to entitled shareholders – shareholders other than Ajico – who collectively hold 30.17 million AMB shares or 49.62% of the total AMB shares in issue.