Acquiring Company
Batu Kawan Bhd
Acquired Company
MKH Oil Palm (East Kalimantan) Bhd
Kuala LumpurKuala LumpurReal EstateEnergyOil And GasAgriculture and FarmingDescription
Batu Kawan Bhd has raised its stake in MKH Oil Palm to 79.58% following a mandatory general offer. The acquisition included an additional 10.38% of shares at 66.26 sen per share. Batu Kawan also acquired a 47.7% stake in MKH Bhd, the parent company of MKH Oil Palm, triggering this takeover. The company intends to maintain MKH Oil Palm's listing on the Main Market.
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Based on deal dataFrequently asked
Who acquired MKH Oil Palm (East Kalimantan) Bhd?
MKH Oil Palm (East Kalimantan) Bhd was acquired by Batu Kawan Bhd, based in Kuala Lumpur. The deal was reported on September 17, 2026. Batu Kawan Bhd is a diversified investment holding company operating in various sectors including property development and plantation. Batu Kawan Bhd is privately held and operates in Real Estate.
When did Batu Kawan Bhd acquire MKH Oil Palm (East Kalimantan) Bhd?
Batu Kawan Bhd's acquisition of MKH Oil Palm (East Kalimantan) Bhd was reported on September 17, 2026. Batu Kawan Bhd has raised its stake in MKH Oil Palm to 79.58% following a mandatory general offer. The acquisition included an additional 10.38% of shares at 66.26 sen per share. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does MKH Oil Palm (East Kalimantan) Bhd do?
MKH Oil Palm (East Kalimantan) Bhd is a subsidiary of MKH Bhd, specializing in the cultivation and production of palm oil. The company is involved in plantation management and processing of palm oil products. It is privately held, operating in Energy, and is based in Kuala Lumpur.
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