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Acquiring Company
Hii Capital Holdings Sdn Bhd
Acquired Company
Asteel Group Bhd
Kuala LumpurBintuluFinancial ServicesVenture CapitalAngel InvestmentManufacturingConstructionDescription
Hii Capital Holdings Sdn Bhd has completed an acquisition of a controlling 53.08% stake in Asteel Group Bhd. Following the takeover, Clifford Hii has been appointed as the executive deputy chairman. Asteel plans to focus on technology and digitalisation to enhance its operations and identify growth opportunities.
Fundz sees it the moment Hii Capital Holdings Sdn Bhd makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Frequently asked
Who acquired Asteel Group Bhd?
Asteel Group Bhd was acquired by Hii Capital Holdings Sdn Bhd, based in Kuala Lumpur. The deal was reported on October 7, 2026. Hii Capital Holdings Sdn Bhd is a Malaysian investment company. It focuses on acquiring significant stakes in companies listed on Bursa Malaysia. Hii Capital Holdings Sdn Bhd is privately held and operates in Financial Services.
When did Hii Capital Holdings Sdn Bhd acquire Asteel Group Bhd?
Hii Capital Holdings Sdn Bhd's acquisition of Asteel Group Bhd was reported on October 7, 2026. Hii Capital Holdings Sdn Bhd has completed an acquisition of a controlling 53.08% stake in Asteel Group Bhd. Following the takeover, Clifford Hii has been appointed as the executive deputy chairman. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Asteel Group Bhd do?
Asteel Group Bhd is a steel company listed on the Malaysian stock exchange. It specializes in producing and distributing steel products. The company is undergoing a transition in ownership. It is privately held, operating in Manufacturing, and is based in Bintulu.
This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.
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