Agos­ti­ni Group Ltd has for­mal­ly closed its takeover bid for Pres­tige Hold­ings Ltd af­ter se­cur­ing ap­prox­i­mate­ly 96.8 per cent of the com­pa­ny’s is­sued and out­stand­ing shares, po­si­tion­ing the con­glom­er­ate to take con­trol of the restau­rant and food ser­vices op­er­a­tor.

In a ma­te­r­i­al change no­tice dat­ed June 23, Agos­ti­ni said the of­fer, which was launched on June 17, 2025, closed on June 23, 2026. The trans­ac­tion in­volved a share swap un­der which Pres­tige share­hold­ers were of­fered one Agos­ti­ni share for every 4.8 Pres­tige shares ten­dered.

The com­pa­ny said share­hold­ers rep­re­sent­ing about 96.8 per cent of Pres­tige’s is­sued and out­stand­ing shares ac­cept­ed the of­fer.