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Trusted by
Acquiring Company
GDB Holdings Bhd
Acquired Company
Bina Tegas Sdn Bhd
Kuala LumpurReal EstateConstructionBuilding MaintenanceCivil EngineeringConstructionBuilding MaintenanceCivil EngineeringDescription
GDB Holdings Bhd has announced the acquisition of a 51% stake in two construction firms, Bina Tegas Sdn Bhd and BT Borneo Engineering Sdn Bhd, for RM81.6 million. This move aims to strengthen GDB's position in the construction industry and diversify into property development. The funding for the acquisition will come from a mix of cash and shares. The consolidation is expected to enhance GDB's construction order book significantly.
Fundz sees it the moment GDB Holdings Bhd makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Frequently asked
Who acquired Bina Tegas Sdn Bhd?
Bina Tegas Sdn Bhd was acquired by GDB Holdings Bhd, based in Kuala Lumpur. The deal was reported on October 13, 2026. GDB Holdings Bhd is a construction company based in Malaysia. It is actively involved in various construction projects and is expanding into property development. GDB Holdings Bhd is privately held and operates in Real Estate.
When did GDB Holdings Bhd acquire Bina Tegas Sdn Bhd?
GDB Holdings Bhd's acquisition of Bina Tegas Sdn Bhd was reported on October 13, 2026. GDB Holdings Bhd has announced the acquisition of a 51% stake in two construction firms, Bina Tegas Sdn Bhd and BT Borneo Engineering Sdn Bhd, for RM81.6 million. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Bina Tegas Sdn Bhd do?
Bina Tegas Sdn Bhd is a construction firm based in Malaysia. The company specializes in construction services, contributing to various infrastructure projects. It is being acquired to strengthen GDB's position in the construction industry. It is privately held, operating in Construction.
This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.
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