Fundz

Press Metal to acquire controlling stake in PMB Technology

PRIVATEAug 04, 2026

Acquiring Company

Press Metal Aluminium Holdings Bhd

Acquired Company

PMB Technology Bhd

SelangorManufacturingMiningPrecious MetalsMineralManufacturingMiningPrecious Metals

Description

Press Metal Aluminium Holdings Bhd has proposed to acquire a controlling stake in PMB Technology Bhd for RM465 million. This acquisition will boost Press Metal's ownership from 23.2% to 58.8%, allowing it to strengthen its value chain and expand its downstream business. PMB Technology will become a subsidiary of Press Metal upon completion, aiming for enhanced operational efficiency.

Quick answer

Press Metal Aluminium Holdings Bhd is acquiring PMB Technology Bhd, announced August 4, 2026. Press Metal Aluminium Holdings Bhd is based in Selangor, Malaysia.

How much did Press Metal Aluminium Holdings Bhd pay for PMB Technology Bhd?
The deal value was not disclosed.
What does Press Metal Aluminium Holdings Bhd do?
Press Metal Aluminium Holdings Bhd is the largest aluminium smelter in Southeast Asia.
Where are Press Metal Aluminium Holdings Bhd and PMB Technology Bhd based?
Press Metal Aluminium Holdings Bhd is based in Selangor, Malaysia.

Source: Fundz verified event record.

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Company Information

Company

Press Metal Aluminium Holdings Bhd

Location

Selangor, Malaysia

About

Press Metal Aluminium Holdings Bhd is the largest aluminium smelter in Southeast Asia. The company specializes in the production and distribution of aluminium products. It has a strong financial performance and is involved in various projects including joint ventures for refinery constructions. Press Metal is focused on maintaining competitiveness through vertical integration and low-cost production strategies.

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Frequently asked

Who acquired PMB Technology Bhd?

PMB Technology Bhd was acquired by Press Metal Aluminium Holdings Bhd, based in Selangor. The deal was reported on August 4, 2026. Press Metal Aluminium Holdings Bhd is the largest aluminium smelter in Southeast Asia. The company specializes in the production and distribution of aluminium products. Press Metal Aluminium Holdings Bhd is privately held and operates in Manufacturing.

When did Press Metal Aluminium Holdings Bhd acquire PMB Technology Bhd?

Press Metal Aluminium Holdings Bhd's acquisition of PMB Technology Bhd was reported on August 4, 2026. Press Metal Aluminium Holdings Bhd has proposed to acquire a controlling stake in PMB Technology Bhd for RM465 million. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does PMB Technology Bhd do?

PMB Technology Bhd specializes in silicon metal production and is positioned within the aluminum supply chain. The firm has faced challenges in its silicon metal business. The acquisition aims to reshape its operations for better profitability. It is privately held, operating in Manufacturing.

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