Acquiring Company
Southern Steel Bhd
Acquired Company
Ann Joo Resources Bhd
Kuala LumpurKuala LumpurManufacturingPrecious MetalsManufacturingMiningPrecious MetalsDescription
Southern Steel Bhd has proposed a buyout of Ann Joo Resources Bhd's upstream steel unit for RM1.005 billion. The acquisition includes Ann Joo Steel Bhd and aims to enhance Southern Steel's position in the steel manufacturing market. The deal is subject to final terms and shareholder approval. This strategic move is expected to bring operational synergies and improve efficiencies.
Quick answer
Southern Steel Bhd is acquiring Ann Joo Resources Bhd, announced March 27, 2026. Southern Steel Bhd is based in Kuala Lumpur, Malaysia.
- How much did Southern Steel Bhd pay for Ann Joo Resources Bhd?
- The deal value was not disclosed.
- What does Southern Steel Bhd do?
- Southern Steel Bhd is a leading manufacturer of steel products in Malaysia.
- Where are Southern Steel Bhd and Ann Joo Resources Bhd based?
- Southern Steel Bhd is based in Kuala Lumpur, Malaysia. Ann Joo Resources Bhd is based in Kuala Lumpur, Malaysia.
- Who are the decision-makers at Southern Steel Bhd?
- Fundz holds 1 contact at Southern Steel Bhd. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Who to call at Southern Steel Bhd, and when
When Southern Steel Bhd changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Southern Steel Bhd raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Southern Steel Bhd, from your own LinkedIn network
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Frequently asked
Who acquired Ann Joo Resources Bhd?
Ann Joo Resources Bhd was acquired by Southern Steel Bhd, based in Kuala Lumpur. The deal was reported on March 27, 2026. Southern Steel Bhd is a leading manufacturer of steel products in Malaysia. The company focuses on various steel segments including bars, wire rods, and other steel-related production. Southern Steel Bhd is privately held and operates in Manufacturing.
When did Southern Steel Bhd acquire Ann Joo Resources Bhd?
Southern Steel Bhd's acquisition of Ann Joo Resources Bhd was reported on March 27, 2026. Southern Steel Bhd has proposed a buyout of Ann Joo Resources Bhd's upstream steel unit for RM1.005 billion. The acquisition includes Ann Joo Steel Bhd and aims to enhance Southern Steel's position in the steel manufacturing market. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Ann Joo Resources Bhd do?
Ann Joo Resources Bhd is a significant player in the Malaysian steel industry engaged in manufacturing and trading various steel products. The company operates multiple subsidiaries, including Ann Joo Steel Bhd, which is focused on upstream steel activities. It is privately held, operating in Manufacturing, and is based in Kuala Lumpur.
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