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Trusted by
Acquiring Company
TMK Chemical Bhd
Acquired Company
Chemical Company of Malaysia Bhd
Description
TMK Chemical Bhd has acquired Chemical Company of Malaysia Bhd from Batu Kawan Bhd for RM940 million. The acquisition involves RM438.5 million in cash and the issuance of 262.5 million new shares. This deal is expected to enhance TMK's financial growth and market position. Following the acquisition, Batu Kawan will hold a 20.8% stake in TMK.
Fundz sees it the moment TMK Chemical Bhd makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
M&A Insights
Based on deal dataFrequently asked
Who acquired Chemical Company of Malaysia Bhd?
Chemical Company of Malaysia Bhd was acquired by TMK Chemical Bhd, based in Assam. The deal was reported on September 21, 2026. TMK Chemical Bhd specializes in the chemical industry, focusing on the production of various chemical products. The company is known for its involvement in related-party transactions and strategic acquisitions. TMK Chemical Bhd is privately held and operates in Manufacturing.
When did TMK Chemical Bhd acquire Chemical Company of Malaysia Bhd?
TMK Chemical Bhd's acquisition of Chemical Company of Malaysia Bhd was reported on September 21, 2026. TMK Chemical Bhd has acquired Chemical Company of Malaysia Bhd from Batu Kawan Bhd for RM940 million. The acquisition involves RM438.5 million in cash and the issuance of 262.5 million new shares. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Chemical Company of Malaysia Bhd do?
Chemical Company of Malaysia Bhd is a leading chemical company in Malaysia, involved in the production of a range of chemical products. The firm has a strong market presence and is known for its quality and diverse offerings. It is privately held, operating in Manufacturing, and is based in Malaysia.
This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.
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