Creador agreed to acquire 27.2% stake in PT Adilmart from CCK Consolidated Holdings Berhad (KLSE:CCK) and Cck Fresh Mart Sdn Bhd for MYR 95.3 million on May 27, 2024. The consideration consists of MYR 95.30 million in cash. As part of the consideration, MYR 95.30 million was paid towards common equity.

The execution of the Definitive Documents is subject to, among others, the Investor being satisfied with the results of its due diligence review of Adilmart and subject to the execution of the Definitive Documents, the Proposed Investment by Creador would be subject to the approval of the shareholders of CCK Consolidated Holdings Berhad (KLSE:CCK) at an extraordinary general meeting to be convened and also subject to any required submissions / approvals from other relevant 3rd parties for the transaction.